🇦🇪UAE Legal News

Sharjah’s real estate sector maintained its strong pace in May, recording property transactions worth AED3.1 billion ($844 million) across 7,119 deals, highlighting sustained demand from investors and end-users across the emirate. According to figures released by the Sharjah Real Estate Registration Department, sales transactions covered approximately 9.5 million square feet during the month, reflecting broad-based …

Sharjah Property Market Extends Momentum With AED3.1 Billion in May Deals Read More »

Egypt’s corporate debt market has reached a new milestone after EFG Corp-Solutions, the leasing and factoring subsidiary of EFG Finance, completed a record-breaking bond issuance worth EGP 5.1 billion (approximately $106 million). The transaction stands as the largest corporate bond offering ever recorded in Egypt, underscoring growing investor appetite for local debt instruments and strengthening …

Egypt’s Bond Market Hits New High as EFG Corp-Solutions Closes Record EGP 5.1 Billion Deal Read More »

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 »

Saudi real estate developer Masqa Investment has unveiled the schedule for its upcoming public offering, with subscriptions set to open on June 17 and run through June 24 as the company advances toward a listing on Saudi Arabia’s Nomu parallel market. The offering stands out as one of the relatively few IPO transactions progressing in …

Saudi Property Developer Masqa Sets June Timeline for Nomu Market Debut Read More »

UAE telecom giant e& has agreed to sell a portion of its ownership in ride-hailing and delivery platform Careem to Uber Technologies in a cash transaction valued at $100 million, further reshaping the long-running partnership between the two companies. Under the binding agreement, e& will offload 12.5% of its stake in Careem from its current …

e& Trims Careem Holding in $100 Million Uber Deal, Keeps Strategic Footprint Read More »

A wave of cautious optimism swept through Gulf equity markets on Thursday, with investors returning to regional stocks after renewed signals that Washington and Tehran could be inching closer to a diplomatic breakthrough. Stronger crude prices added fuel to the rebound, helping most major bourses close in positive territory. Oil climbed sharply after reports emerged …

Gulf Markets Find Their Footing as Iran Diplomacy and Oil Rally Lift Mood Read More »