Middle East Equity

Shari Arison, the Israeli billionaire, increased the size of a share sale in Bank Hapoalim, the largest bank in Israel, to satisfy investor demand for the stock.

Arison Holdings, a vehicle for Shari Arison, the Israeli billionaire, has reopened the EMEA equity blocks market after the weekend with the sale of a 3.7% in Bank Hapoalim, the largest bank in Israel.

Cepsa, the Spanish multinational oil and gas firm, will be worth up to €8.08bn when it lists on the Spanish Stock Exchanges later this month, according to terms released on Tuesday.

The postponement of the Saudi Aramco's IPO is just the latest blow to emerging market (EM) equities. Volatility is biting ever harder, taking lumps out of an ever dwindling autumn pipeline. Sam Kerr reports.

The Saudi Capital Markets Authority has approved a resolution allowing NCB Capital to raise funds for a new Saudi ETF, linked to the MSCI index, via an IPO.

The decision by MSCI to reclassify Saudi Arabia as an emerging market and the country's inclusion in its emerging market indices is a game changing moment for the kingdom in its attempts up to foreign investors. With the IPO of Saudi Aramco looming, investors are excited by the prospects these changes promise, writes Sam Kerr.

The FCA’s decision to modify rules in order to allow sovereign owned companies — such as Saudi Aramco — to achieve a premium listing should be seen as just another chapter in the UK’s cosiness with the House of Saud.

The Financial Conduct Authority is going through with its plan to create a new premium listing category for sovereign controlled companies, despite fears among investors and lawmakers that the move will weaken corporate governance standards in the UK.

The Singapore and Israel bourses have signed a pact aimed at spurring dual listings of technology and healthcare companies.

NMC Health, the Abu Dhabi-based private hospitals company, had to revise the terms of its debut $450m convertible bond issue downwards on Monday after pushback from investors on the price.

Energean, the Mediterranean-focused oil and gas exploration company, has managed to successfully price its IPO on the London Stock Exchange after restructuring the deal as a club sale to four investors.

Energean, the Mediterranean oil and gas exploration company, could be worth as much as £812m when it lists on the London Stock Exchange later this month, according to the terms of the IPO.