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Saudi fast-food franchise operator Alamar Foods considers IPO, sources say DUBAI, Oct 18 (Reuters) - Saudi Arabia's Alamar Foods, the regional franchise operator for Domino's Pizza, is considering an initial public offering (IPO) that would allow The Carlyle Group sell some of its stake, three sources familiar with the matter said. Alamar Foods has hired HSBC to arrange the
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Most major Gulf stock markets rose in early trade on Thursday amid rising oil prices, with the Saudi index on track for a third straight weekly gain.
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Most stock markets in the Gulf fell in early trade on Wednesday, weighed by falling oil prices, but the Saudi index gained after the International Monetary Fund raised its forecast.
Most major stock markets in the Gulf were little changed on Wednesday, amid inflation fears, while the Saudi index outperformed the region after the International Monetary Fund raised its economic growth forecast.
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Major stock markets in the Gulf opened higher on Tuesday as oil prices extended gains amid energy crunch, while Abu Dhabi bucked the trend to trade slightly lower.