Latest news with #MuhammadHassan
Qatar Tribune
11-06-2025
- General
- Qatar Tribune
PISQ students dazzle in inter-school competitions
Pakistan International School Qatar (PISQ) celebrated the remarkable achievements of its students, whose exceptional performances in the recent inter-school competitions have brought honour and recognition to the institution. Their dedication, talent, and perseverance continue to inspire excellence within the school community. Muhammad Hassan, a talented and promising kindergarten student, proudly clinched 1st Prize in the prestigious Little Muezzin Competition held at Doha Minaret Kindergarten. In yet another remarkable accomplishment, Ahab Tazeem, a bright young student from PISQ Kindergarten, secured the 3rd Prize in the Mosque Drawing Competition organised by Maghreb International School – École Charlemagne. PISQ students continued their winning streak, excelling in the Inter-School Quran Competition organised by TNG School. Students from both the Boys' and Primary Wings of PISQ showcased remarkable talent, securing top positions across multiple categories in the competition. From the Boys' Wing: Ayaan Abid (Grade 6-C) – 1st Position in Oracy (Quranic Reflections – 1-Minute Talk). Ali Imtiaz (Grade 6-C) – 2nd Position in Tilawah (Quran Recitation) Muhammad Abu Bakr (Grade 6-A) – 2nd Position in Hifz (Quran Memorization). From the Primary Wing: Ibadullah Muhammad (Grade 4-C) – 3rd Position in Tilawah (Quran Recitation). PISQ Principal Ch. Muhammad Afzal extended heartfelt congratulations to the winners and their families, emphasising that these accomplishments truly reflect PISQ's dedication to holistic education—nurturing not only academic excellence but also spiritual awareness and creative expression among its youngest learners.
Arabian Business
21-05-2025
- Business
- Arabian Business
GCC sees $1.6bn of IPOs; Saudi Arabia leads strong start to year
The GCC saw 11 IPOs and raised a total of $1.6bn in the first quarter of 2025, according to PwC Middle East's IPO Watch Q1 2025 report. It is up from $1.2bn across 10 listings in Q1 2024, demonstrating continued positive investor sentiment in the region's capital markets, despite prevailing global uncertainties. Saudi Arabia contributed $1.1bn, which accounts for 69 per cent of total IPO proceeds. GCC IPO 2025 report This strong performance stems from three main market listings and momentum on the Nomu parallel market, where six listings raised an additional $62m, reinforcing the Kingdom's role as a regional engine of capital markets development. In the UAE, digital transformation and system integrator Alpha Data raised $163m on the Abu Dhabi Exchange. Oman, meanwhile, made headway in its privatisation journey with the listing of Asyad Shipping on the Muscat Stock Exchange, raising $333m, demonstrating the region's commitment to diversifying capital markets and unlocking new value for investors. Muhammad Hassan, Capital Markets Leader at PwC Middle East, said: 'Recent global macroeconomic developments resulting from trade tariffs have had a pronounced impact on both global and GCC equity markets as well as oil prices. 'Although increased volatility and market uncertainty affects IPO activity in the short term, we remain positive on the long-term outlook of regional capital markets. 'Therefore, it's imperative that prospective issuers remain prepared to take advantage of potential IPO opportunities.' GCC markets have shown notable resilience, despite external pressures. The S&P GCC Composite Index, for example, recovered from a sharp dip in early April and is now trading just 1 per cent below where it began the year, highlighting regional investor confidence and market stability. Consumer markets were the leading sector in Q1 2025, accounting for 42 per cent of total IPO proceeds. This trend underscores investor interest in retail and lifestyle-driven businesses and signals continued growth in sectors closely aligned with evolving consumer behaviours across the region. The report also highlights increased activity in the region's debt capital markets. Bond issuance surged to $4.6bn in Q1 2025, up from $1.6bn during the same period last year. Sukuk issuance also saw growth reaching $4.1bn. Notably, 70 per cent of all GCC bonds and sukuks issued during the quarter were issued on Nasdaq Dubai, affirming the Emirate's position as a key regional hub for fixed income instruments.
Zawya
21-05-2025
- Business
- Zawya
Gulf IPO proceeds up 33% but faced headwinds in Q1 2025
The Gulf Cooperation Council (GCC) region saw a double-digit growth in proceeds from initial public offerings (IPOs) during the first quarter of the year despite a challenging macroeconomic backdrop. Share offerings raised $1.6 billion during the quarter, up by 33% from a year ago on the back of robust activity in Saudi Arabia, according to PwC Middle East. The kingdom accounted for 69% of the proceeds. PwC noted that the region did feel some impact of macroeconomic headwinds in the first quarter, especially with the recently announced US tariffs and global recession fears, but the equity markets showed some resilience. In early April, the S&P GCC Composite Index dropped 7%, but much of the lost ground has since been recovered, with the index currently just 1% below the beginning of the year. 'Recent global macroeconomic developments resulting from trade tariffs have had a pronounced impact on both global and GCC equity markets as well as oil prices,' noted Muhammad Hassan, PwC Middle East Capital Markets Leader. 'Although increased volatility and market uncertainty affects IPO activity in the short term, we remain positive on the long-term outlook of regional capital markets.' IPO proceeds by sector As for which sectors did well during the first three months of the year, the consumer markets took the top spot, with $666 million in total proceeds, underscoring investor interest in retail and lifestyle-driven businesses. Financial services logged $400 million in proceeds, while energy, utilities and resources raised $333 million. IPO proceeds for technology, media and telecommunication sector stood at $163 million, while industrials, manufacturing and automobile attracted $34 million, and health industries recorded $5 million. (Writing by Cleofe Maceda; editing by Seban Scaria)
Zawya
21-05-2025
- Business
- Zawya
11 GCC IPOs raise $1.6bln, strong momentum in Saudi Arabia
The GCC equity capital market showed strong activity in the first quarter, with 11 IPOs raising a total of $1.6 billion, up from $1.2bn across 10 listings in Q1 2024. This demonstrates continued positive investor sentiment in the region's capital markets, despite prevailing global uncertainties, said PwC Middle East in its IPO Watch Q1 2025 report. Saudi Arabia contributed $1.1 billion, which accounts for 69% of total IPO proceeds. This strong performance stems from three main market listings and momentum on the Nomu parallel market, where six listings raised an additional US$62m, reinforcing the Kingdom's role as a regional engine of capital markets development, the report said. In the UAE, digital transformation and system integrator Alpha Data raised $163 million on the Abu Dhabi Exchange. Oman, meanwhile, made headway in its privatisation journey with the listing of Asyad Shipping on the Muscat Stock Exchange, raising $333 million, demonstrating the region's commitment to diversifying capital markets and unlocking new value for investors. Muhammad Hassan, Capital Markets Leader at PwC Middle East, stated: 'Recent global macroeconomic developments resulting from trade tariffs have had a pronounced impact on both global and GCC equity markets as well as oil prices. Although increased volatility and market uncertainty affects IPO activity in the short term, we remain positive on the long-term outlook of regional capital markets. Therefore, it's imperative that prospective issuers remain prepared to take advantage of potential IPO opportunities.' GCC markets have shown notable resilience, despite external pressures. The S&P GCC Composite Index, for example, recovered from a sharp dip in early April and is now trading just 1% below where it began the year, highlighting regional investor confidence and market stability. Consumer markets were the leading sector in Q1 2025, accounting for 42% of total IPO proceeds. This trend underscores investor interest in retail and lifestyle-driven businesses and signals continued growth in sectors closely aligned with evolving consumer behaviours across the region, the report said. The report also highlights increased activity in the region's debt capital markets. Bond issuance surged to $4.6 billion in Q1 2025, up from $1.6 billion during the same period last year. Sukuk issuance also saw growth reaching $4.1 billion. Notably, 70% of all GCC bonds and sukuks issued during the quarter were issued on Nasdaq Dubai, affirming the emirate's position as a key regional hub for fixed income instruments. - TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Trade Arabia
20-05-2025
- Business
- Trade Arabia
11 GCC IPOs raise $1.6bn, strong momentum in Saudi Arabia
The GCC equity capital market showed strong activity in the first quarter, with 11 IPOs raising a total of $1.6 billion, up from $1.2bn across 10 listings in Q1 2024. This demonstrates continued positive investor sentiment in the region's capital markets, despite prevailing global uncertainties, said PwC Middle East in its IPO Watch Q1 2025 report. Saudi Arabia contributed $1.1 billion, which accounts for 69% of total IPO proceeds. This strong performance stems from three main market listings and momentum on the Nomu parallel market, where six listings raised an additional US$62m, reinforcing the Kingdom's role as a regional engine of capital markets development, the report said. In the UAE, digital transformation and system integrator Alpha Data raised $163 million on the Abu Dhabi Exchange. Oman, meanwhile, made headway in its privatisation journey with the listing of Asyad Shipping on the Muscat Stock Exchange, raising $333 million, demonstrating the region's commitment to diversifying capital markets and unlocking new value for investors. Muhammad Hassan, Capital Markets Leader at PwC Middle East, stated: 'Recent global macroeconomic developments resulting from trade tariffs have had a pronounced impact on both global and GCC equity markets as well as oil prices. Although increased volatility and market uncertainty affects IPO activity in the short term, we remain positive on the long-term outlook of regional capital markets. Therefore, it's imperative that prospective issuers remain prepared to take advantage of potential IPO opportunities.' GCC markets have shown notable resilience, despite external pressures. The S&P GCC Composite Index, for example, recovered from a sharp dip in early April and is now trading just 1% below where it began the year, highlighting regional investor confidence and market stability. Consumer markets were the leading sector in Q1 2025, accounting for 42% of total IPO proceeds. This trend underscores investor interest in retail and lifestyle-driven businesses and signals continued growth in sectors closely aligned with evolving consumer behaviours across the region, the report said. The report also highlights increased activity in the region's debt capital markets. Bond issuance surged to $4.6 billion in Q1 2025, up from $1.6 billion during the same period last year. Sukuk issuance also saw growth reaching $4.1 billion. Notably, 70% of all GCC bonds and sukuks issued during the quarter were issued on Nasdaq Dubai, affirming the emirate's position as a key regional hub for fixed income instruments. -
