Leading providers of investment research, business and IP research and company valuation services
GCC markets ended the first trading week of the year on a positive note. All markets, except Bahrain, ended the week with 1–3% gains. Oman (up 3%) and Saudi Arabia (up 2.3%) gained the most.
UAE: UAE markets extended last week’s gains, with DFM and ADSM adding 1.9% and 1.2%, respectively, in the week. News of [...]
News & Views General
§ Saudi Electricity plans to invest $28 Bn in the next three years to meet the rising demand in the domestic market.
§ Almarai Co. offered to acquire Hail Agricultural Development Co. for $253.2 Mn to foray into the Saudi poultry business.
§ International Petroleum Investment Co. announced to borrow $5 Bn to acquire [...]
