-
2 months ago | 
moniify.com | Chantal Fouad |Azar Zaidi
Saudi poultry producer Entaj is going public in Riyadh, with the hope of tapping opportunities in its growing demand for… fresh chicken. The company plans to offer 9 million shares (30% of its issued capital) in the IPO. SNB Capital is managing the deal, where 10% will be set aside for Saudi and GCC retail investors.
-
2 months ago | 
moniify.com | Ronojoy Mazumdar |Azar Zaidi
If you were hoping India’s budget will set the markets on fire, you might want to put down that extinguisher. This one’s shaping to be a lukewarm cup of tea: mild, predictable, and unlikely to stir much excitement. Finance Minister Nirmala Sitharaman isn’t likely to pull out any rabbits. No big tax cuts, no stimulus bazooka — just business as usual. Insert expectations vs. reality meme. Sure, the Modi government could use this moment to revive market sentiment, but if history is any guide, it’ll pass.
-
2 months ago | 
moniify.com | Ronojoy Mazumdar |Yuvraj Malik |Azar Zaidi
Swiggy is floundering after one of India’s biggest internet IPOs in years. Its shares tumbled nearly 9% during Monday’s DeepSeek-triggered global equity sell-off, briefly dipping below its November IPO price of 390 rupees on Tuesday. Zomato wasn’t spared either, sliding 4.4% at the start of the week, and only partially making up losses on Tuesday. And it is all down to valuations.
-
2 months ago | 
moniify.com | Ronojoy Mazumdar |Sumit Kumar |Azar Zaidi
Indian markets are in meltdown mode. The Nifty 50 is down more than 10%, and the Nifty Next 50 has declined by over 17%. After nine straight years of gains, 2025 is off to a rough start for Indian stocks, and investor sentiment is at rock bottom. But it’s not all doom and gloom we offer here.
-
2 months ago | 
moniify.com | Ronojoy Mazumdar |Azar Zaidi
Trump 2.0 sounded like a nightmare for developing economies — especially China and Mexico — but the script’s changing fast. From chest-thumping threats of 60% tariffs to a much less threatening 10% to a casual “I’d rather not”, US President Donald Trump’s softening stance on China is reshaping the landscape. The MSCI EM Index has erased its year-to-date losses, and with DeepSeek turmoil battering US stocks, emerging markets are starting to look like the calmer port in the storm.
-
Jan 23, 2025 | 
moniify.com | Chantal Fouad |Azar Zaidi
Derayah Financial just announced it’s going public in Riyadh. The stock broking firm will float a 20% stake on the Saudi Exchange (Tadawul), equaling 49.9 million shares of the company’s issued share capital. No details are yet available on the IPO size or timeline. Founded in 2009, and headquartered in Riyadh, Derayah Financial has built up a reputation as Saudi Arabia’s independent digital-investments platform. Its main business segments include brokerage and asset and wealth management.
-
Jan 22, 2025 | 
moniify.com | Chantal Fouad |Azar Zaidi
Kingdom Holding Company, led by Prince Alwaleed Bin Talal, is open to investing in TikTok if Elon Musk or another high-profile buyer steps up, CEO Talal Ibrahim al-Maiman told Al Arabiya TV. KHC already backs Musk’s other ventures, including social platform X and AI startup xAI. A TikTok deal would extend the Saudi firm’s portfolio into the social video giant, while indirectly linking TikTok to the Saudi state via Saudi Arabia’s Public Investment Fund, which owns a minority stake in KHC.
-
Jan 22, 2025 | 
moniify.com | Chantal Fouad |Azar Zaidi
CLS Global, a UAE-based crypto market maker, pleaded guilty to market manipulation charges brought against it by federal prosecutors in the US — under a setup that couldn’t be more cinematic. According to the US Attorney’s Office, CLS, which provides crypto services to American investors, was accused of pumping the NexFundAI token, an FBI creation.
-
Jan 22, 2025 | 
moniify.com | Sumit Kumar |Ronojoy Mazumdar |Azar Zaidi
Mukesh Ambani’s business empire stretches from oil to media, and phones to footwear. Now, his financial juggernaut, Jio Financial Services, is diving headfirst into stock broking — with global asset-management giant BlackRock riding shotgun. Their new venture, Jio BlackRock Broking, has industry rivals sweating. Motilal Oswal shares have plunged 11%, while Angel One has dropped more than 6% over the last two days in Mumbai.
-
Jan 20, 2025 | 
moniify.com | Ronojoy Mazumdar |Azar Zaidi
With Donald Trump back in the White House, Indian stocks could either ride the wave or get dragged under by his wildcard policies. But one sector seems ready to thrive regardless: tech. Indian IT giants — Infosys, TCS, HCL and Tech Mahindra — have survived the dot-com bubble, cloud transitions and the immigration drama during Trump’s first term. They’ve seen this movie before and know how to adjust the script.
