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☆ Saudi PIF-backed ADES prices IPO at top end, implying over $4 bln valuation
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +2 min

DUBAI, Sept 20 (Reuters) - Saudi oil and gas driller ADES Holding said on Wednesday it has set the final price for its initial public offering (IPO), implying a valuation of 15.242 billion riyals ($4.06 billion) for the Saudi sovereign wealth fund-backed firm. ADES confirmed the pricing for the IPO, saying it drew nearly $76.5 billion in orders from institutional investors. Its clients include state oil giant Saudi Aramco, Kuwait Oil Company and North Oil Company in Qatar. The four banks are also bookrunners and underwriters, joined by GIB Capital, HSBC, Al Rajhi Capital and Saudi Fransi Capital. Arab National Bank, Alrajhi Bank and Saudi National Bank are the receiving agents and Lazard is independent adviser to ADES.

Persons: ADES, EFG Hermes, Goldman Sachs, Lazard, Yousef Saba, Sonia Cheema Organizations: Reuters, Saudi Exchange, Kuwait Oil Company, North Oil Company, SNB, JPMorgan, underwriters, GIB Capital, HSBC, Al, Saudi Fransi Capital, Arab National Bank, Alrajhi Bank, Saudi National Bank, Thomson Locations: DUBAI, Saudi, Khobar, ADES, East, North Africa, India, Saudi Aramco, Qatar, Al Rajhi Capital

☆ Most Gulf markets extend losses on profit-taking; Egypt gains
▼ + stars: | 2023-09-17 | by ( Ateeq Shariff | ) www.reuters.com time to read: +1 min

REUTERS/Hamad I Mohammed/File Photo Acquire Licensing RightsSept 17 (Reuters) - Most stock markets in the Gulf ended lower on Sunday as profit-taking continued, but the Egyptian index bucked the trend to trade at a record high. Saudi Arabia's benchmark index (.TASI) dropped 0.5%, weighed down by a 1.1% fall in Al Rajhi Bank (1120.SE) and a 1.7% decrease in Alinma Bank (1150.SE). In Qatar, the index (.QSI) extended losses for a third session. Outside the Gulf, Egypt's blue-chip index (.EGX30) gained 0.6%, hitting its record high, led by a 5.5% rise in Beltone Financial Holding (BTFH.CA). Reporting by Ateeq Shariff in Bengaluru Editing by Christina FincherOur Standards: The Thomson Reuters Trust Principles.

Persons: Joe Biden, Hamad I Mohammed, ADES, Ateeq, Christina Fincher Organizations: Bahrain Bourse, U.S, REUTERS, Saudi, Al Rajhi Bank, Alinma Bank, Beltone Financial, UAE's Global Investment Holding, Eastern Co, Thomson Locations: Bahrain, Manama, Al Rajhi, Qatar, Eastern, Ateeq Shariff, Bengaluru

☆ The Boston Symphony Finds Surprises and Strengths in New Music
▼ + stars: | 2023-04-26 | by ( Oussama Zahr | ) www.nytimes.com time to read: +1 min

When orchestras come to Carnegie Hall, their programs typically tell you two things: who they are and what they can do. Or when the Berlin Philharmonic and Kirill Petrenko opened up the complex worlds of Mahler’s Seventh with coordinated virtuosity. And over two nights at Carnegie this week, the Boston Symphony Orchestra and its music director, Andris Nelsons, told their story gradually, one piece at a time, in canonical works by Ravel, Rachmaninoff, Sibelius and Mozart. Among American orchestras, the Boston Symphony’s sound is enviably rich. That opulence was readily apparent in the ceaseless flow of cantabile melodies in Rachmaninoff’s Second Symphony.

☆ Activiștii de mediu spun „NU” arderii frunzelor: „În natură, nimic nu este în surplus, nu distrugeți acest echilibru”
▼ + stars: | 2020-12-29 | by ( Aliona Ciurca | ) www.zdg.md time to read: +7 min

„Ei au asemenea reacții, pentru că practica asta cu arderea frunzelor există demult, au făcut- o și bunicii, și strămoșii lor. „Acum însă mulți refuză și, probabil, le țin și ei pentru a face compost”, mai spune Vasile. Conform datelor colectate de Agenția de Mediu, majoritatea indicatorilor de mediu înregistrează tendințe de creștere a nivelului de poluare în R. Moldova. Între timp, în zonele unde activiștii eco încearcă să schimbe puțin câte puțin lucrurile, pot fi observate mici progrese. „Am observat că, în ultimul an, oamenii au început să dea mult mai puțin foc la deșeurile vegetale și asta mă bucură.

Persons: Vasile, El, Vasile ., Marcel Lazăr, Marcel, Lazăr Organizations: Facebook, Agenția Locations: Hîrtop, Cimișlia, Drăgușeni, Hâncești, Italia, Chișinău, București, Moldova

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