First Abu Dhabi Bank (FAB) has expanded its sustainability agenda beyond traditional finance, forging a strategic alliance with Water.org and impact investment manager WaterEquity in a move aimed at widening access to clean water and sanitation in emerging economies. Announced ahead of World Environment Day, the partnership includes FAB’s investment in the WaterEquity Everspring Fund, …

FAB Backs Global Water Access Push Through Landmark Impact Investment Read More »

Saudi Arabia and Russia projected a message of unity at the St. Petersburg International Economic Forum as mounting geopolitical conflicts continue to reshape the global energy landscape and tighten oil supplies. Saudi Energy Minister Prince Abdulaziz bin Salman stressed the need for stability across energy markets, arguing that the world cannot afford disruptions at a …

Saudi-Russian Energy Alliance Holds Firm as Global Oil Market Navigates Unprecedented Turbulence Read More »

Oman has temporarily suspended crude oil loading operations at the Mina al Fahal export terminal after an explosion was reported near the facility’s offshore mooring infrastructure, according to sources familiar with the situation. The incident reportedly occurred between the terminal’s two single-buoy mooring (SBM) berths, with sources indicating that the blast may have been linked …

Blast Near Key Omani Export Terminal Halts Crude Loading, Tankers Left Waiting Offshore Read More »

The UAE continues to reinforce its reputation as a preferred destination for investment, with capital inflows remaining resilient despite heightened geopolitical and economic uncertainty across the wider region. According to Archers Valuation & Advisory, investors have not retreated from the market. Instead, they are adopting a more measured and disciplined approach when assessing opportunities, particularly …

UAE Draws Capital as Investors Tighten Scrutiny on Deals and Asset Quality Read More »

Egypt’s corporate debt market has reached a new milestone after EFG Corp-Solutions completed a record-breaking bond issuance worth EGP 5.1 billion (approximately $106 million), marking the largest corporate bond transaction ever recorded in the country. The fundraising exercise was carried out through a 13-month bond program backed by an A- credit rating. The issuance was …

Egypt’s Corporate Debt Market Hits New High as EFG Corp-Solutions Raises EGP 5.1 Billion Read More »