Investment banks are attached to the momentum of the region's proposals, amid the turmoil of the market
The Middle East, which has formed a bright point in the activity of initial proposals over the past four years, faces a major challenge in light of the recent stock markets fluctuations and the fall in oil prices. However, bankers still hope to resume the flow of transactions in the coming weeks. Unlike a wave of companies in Europe and America, businesses that intend to include in the Middle East later in the Middle East have not yet postponed their plans, according to bankers working on these transactions. They pointed out that the region is relatively strengthened with US definitions, and that many companies studying the offer are closely related to local economies that grow rapidly. EF JI Hermes, who organized the largest number of initial proposals in the Middle East last year, still expects 6 to 7 additional transactions in 2025, most of them in Saudi Arabia, as well as a possible agreement in Kuwait, according to one of the major bankers. JP Morgan Chase & Co has not noticed major changes in its transaction schedule in the region this year, or in preliminary talks with companies that considered insertion in 2026 and 2027. “We are still on the right track,” said Mustafa Gad, the worldwide bank investment head of the EFG Hermes. He emphasized that any of his transactions have not been postponed or canceled, and that the internal preparations for the new proposals continue. These statements come in light of continuous risks, as markets are still volatile and the fear of global growth is increasing. Global Origins, from stock to bonds, have seen serious fluctuations over the past few days after US President Donald Trump imposed comprehensive definitions of customs, and then he freezes the most of it. The oil executive wave states can be exposed to economic pressure, after rough prices have dropped to less than $ 65 a barrel, after the sudden increase in the production of “OPEC+”, and the increasing concern that the definitions could lead to a global slowdown. Jad was of the opinion that “If we see greater pressure on levels of less than $ 60, then the signs of warning begin,” add: “Then we’ll wait to see how governments will deal with each other. Either they are very careful about the deficit and start reducing spending, or they will wait if it is temporary and can work with a greater shortage for a short period and then will act later.” Fighting transactions in the Emirates in Abu Dhabi, “Etihad Air”, have been preparing for a preliminary public offer since last year. In Dubai, Dubai Holding Company, an investment arm, is under the control of the ruler of the emirate, studied the inclusion of a residential real estate portfolio, and this can happen early this month, according to people familiar with the matter. The officials of the two companies are still monitoring the markets, and according to the same sources, no decision was made regarding the timing of the offer. Al -ottihad and Dubai Holding declined to comment. Gokol Mane, head of the stock markets at JP Morgan for the Eastern Europe, the Middle East and Africa, indicated that the table of transactions in the Middle East has not yet been affected. He added: “The transactions expected to be launched this week or next week can only be postponed a few weeks, which are expected in the light of global fluctuations and the disruption of supply chains.” However, he believes that investors have become more selective and expect that only high -quality businesses will complete their transactions. The proposals in Saudi Arabia. Last month, a group of Saudi businesses obtained organizational approvals for launching before the Eid Al -Fitr holiday, including the low -cost airline “Flynas”, the Sports Clubs series “Sports Club”, the Hospital Industry Group “The Medical Specialized Center”, the “Al -Majid Real Estate” business and the “Commercial Marketing” Group ”. The technology company “Ijada Systems” and the United Cartoon Packaging Company have also obtained similar approvals. However, talking about new proposals may be premature for some investors, which are currently focusing on adapting to the state of turmoil and looking for appropriate investment opportunities. “I think it’s too early, because the fluctuations are still serious on all financial indicators affecting the judgments,” says Christian Gandour, a first portfolio manager at Al -dhabi Capital Company.