Fifth new listing of 2012 is imminent; Offer of shares in airline catering unit underway; Global slump, oil price are threats to IPO market; But investors still expect solid corporate earnings; IPOs focused on domestic demand likely to do well
June 21, 2012 11:55
Fitch has cut HSBC Bank Middle East's viability rating (VR) one notch because of asset quality concerns, while keeping its long-term default rating at 'AA-', one notch below the main HSBC group.
June 19, 2012 10:18
The United Nations confirmed on Monday that Jeffrey Feltman, until recently the top U.S. diplomat for the Middle East, will soon take up a senior post at the United Nations.
June 12, 2012 11:11
Iran is at the centre of a standoff over its disputed nuclear programme, which the West suspects is aimed at developing nuclear weapons. Iran says its aim is the peaceful production of electricity.
June 6, 2012 7:21