Egypt’s stock market is shaping up to be the Middle East’s hot spot for initial public offerings next year.
If history is any guide, Egyptian stocks’ world-beating gains following the nation’s currency devaluation may be just beginning.
The day the world’s biggest oil exporter allowed foreign investors direct access to its stock market, they bought shares in less than 5 percent of equities.
Not even tax-free stocks can stop foreigners from dumping Egyptian equities.
Inclusion in an emerging market benchmark and surging oil prices have helped Kuwaiti stocks outshine their regional peers in the past three months, but some...
Saudi Arabia’s shares plunged as much as 7 percent Sunday as investors worried about deteriorating relations with the international community after the...
Saudi Arabia’s giant state oil company finally kick-started its initial public offering Sunday, announcing its intention to float on the domestic bourse in...