dirhams & dollars

Dirhams & Dollars: Adnoc jumps on IPO bandwagon; Dimon blasts media

And what to expect from the company results being announced this week

Staff Report
19:48 July 16, 2017

What is going on with Adnoc’s plans to expand partnerships and publicly list some subsidiaries. Is Adnoc simply following in Saudi Aramco’s footsteps or is this all part of the company’s plan to help it diversify its revenue sources and get into those lucrative Asian markets?

The team also discusses the week’s upcoming bank earnings. Will Goldman Sachs see a return to form after a rare missed quarter earlier this year?

Finally, we also discuss the now-viral rant by JP Morgan’s chief executive, Jamie Dimon, who said it was becoming “almost an embarrassment to be an American citizen” abroad as he vented his frustration with the political system and the media - though, apparently, not with President’s Donald Trump administration.