Kuwait Finance House has received regulatory clearance to move ahead with a fresh capital-raising exercise, setting the stage for an Additional Tier 1 sukuk valued at KWD 200 million, roughly $650 million. The approval from Kuwait’s Capital Markets Authority allows the lender to strengthen its capital base at a time when Islamic banks across the …
KFH Secures Green Light for $650 Million AT1 Sukuk Push Read More »
A fragile diplomatic breakthrough between Donald Trump and Iran sent a jolt of optimism across Gulf trading floors on Wednesday, triggering a sharp surge in United Arab Emirates equities 📈. Markets reacted swiftly after the two-week ceasefire proposal, contingent on Tehran halting disruptions to energy shipments through the strategically vital Strait of Hormuz. The waterway, …
Ceasefire Cheers Ignite Gulf Rally as UAE Equities Roar Back Read More »
Dollar-denominated sukuk from Gulf issuers are losing momentum, with geopolitical tension weighing heavily on market appetite. Fresh issuance is expected to stay muted as long as uncertainty tied to the Iran conflict lingers, while a growing number of regional issuers are being placed on negative rating watch. Even as the external market cools, activity in …
Gulf Dollar Sukuk Market Hits Pause as Conflict Clouds Investor Mood Read More »
AD Ports Group is reshaping its funding structure after striking a refinancing agreement worth 9.175 billion UAE dirhams (about $2.5 billion) with two leading UAE banks. The move is aimed squarely at trimming financing costs while keeping future borrowing options wide open. The new facility, arranged with First Abu Dhabi Bank PJSC and Emirates NBD …
Ports Giant Reworks Debt Playbook with Fresh $2.5 Billion Refinance Read More »
Saudi Arabia’s sovereign wealth powerhouse has stepped in to seed a fresh private credit vehicle aimed at the kingdom and the broader Middle East and North Africa, signaling a growing appetite for alternative financing as the region’s economic overhaul gathers pace. 💼🌍 The Public Investment Fund has agreed to anchor a multi-strategy private credit fund …
Riyadh’s Sovereign Muscle Backs New Credit Push Across Middle East and North Africa Read More »
Kering has turned one of Milan’s most coveted retail addresses into fresh liquidity, striking a high-value property partnership that underscores the luxury group’s push to shore up its balance sheet. The owner of Gucci agreed to sell a majority stake in its landmark building on Via Monte Napoleone to Qatar’s Al-Mirqab Group, pocketing roughly €1.16 …
Kering Unlocks Milan Trophy Asset in $1.4 Billion Deal With Qatari Investor Read More »
Saudi investment firm Kingdom Holding Company is set to deepen its exposure to climate-focused technology after agreeing to purchase a stake in Breakthrough Energy Ventures from its chairman, Prince Alwaleed bin Talal, in a deal valued at 255 million riyals (about $68 million). 💼⚡ The transaction comes at a notable markdown — roughly 30% below …
Kingdom Holding Moves to Consolidate Clean-Energy Bet with Discounted BEV Stake Buyout Read More »
Equity markets across the Gulf opened on a cautious note Thursday, with most major indices edging lower as investors reacted to renewed uncertainty surrounding the Middle East conflict. The nervous tone followed fresh remarks indicating that U.S. military operations against Iran could continue for weeks, leaving traders bracing for prolonged volatility. Dubai’s benchmark led regional …
Gulf Markets Slip as Conflict Jitters Weigh on Investor Mood Read More »
Abu Dhabi’s sovereign wealth heavyweight has wrapped up a multi-billion-dollar financing tied to its Australian infrastructure portfolio, and the response from lenders was anything but quiet. The A$3.745 billion (about $2.5 billion) holdco loan attracted strong demand during syndication, pulling in commitments from 28 banks and institutions and pushing the deal comfortably over the line. …
ADIA’s Australian Financing Draws Lender Rush as A$3.7bn Deal Wraps Up Read More »
Dubai’s property market is proving stubbornly upbeat, even as geopolitical tremors ripple across the region. Buyers — particularly those chasing ultra-luxury addresses — continued to pour money into off-plan apartments, pushing sales close to $5 billion in March. Fresh figures drawn from Dubai Land Department data show off-plan residential apartment sales touching AED 17.5 billion …
Conflict Fails to Cool Dubai’s Property Rush as Off-Plan Sales Near $5 Billion Read More »
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