🇦🇪UAE Legal News

The US dollar is flowing again toward Africa’s sovereign borrowers. After a muted opening to the year — with only Benin and the Republic of the Congo venturing into public markets, and Cameroon opting for a private placement later upsized — momentum has returned. Côte d’Ivoire and Kenya stepped forward last week, seizing a market …

Africa’s Dollar Window Swings Open as Côte d’Ivoire and Kenya Test Investor Appetite Read More »

Qatar Islamic Bank has tapped global debt markets with a $750 million five-year senior unsecured sukuk, pricing the issue at par and tightening guidance after robust investor demand. The Islamic lender fixed the spread at 80 basis points over U.S. Treasuries, delivering a profit rate of 4.402%. Early pricing whispers had circled closer to 115 …

Desert Demand: Qatar Islamic Bank Draws $1.6 Billion for $750M Sukuk Read More »

Investor appetite came in hot — and left pricing lean. Abu Dhabi returned to global debt markets with a $3 billion dual-tranche bond, and buyers wasted little time circling the deal. Orders at one point swelled past $11 billion before books settled at launch with $4.3 billion allocated to the five-year notes and $5.6 billion …

Desert Demand: Abu Dhabi Pulls In $3 Billion as Bond Buyers Squeeze Spreads Read More »

A hush settled over Gulf trading floors on Thursday morning. Screens flickered red from Riyadh to Doha as investors chose caution over conviction, waiting for signals from high-stakes nuclear discussions between the United States and Iran unfolding in Geneva. In Saudi Arabia, the main index slid 0.5%, extending recent weakness. The pullback comes as the …

Gulf Bourses Drift Lower as Washington–Tehran Talks Cast Long Shadow Read More »

Dubai’s debt market opened the year with a sharp statement of intent as Mashreq placed a $500 million Additional Tier 1 (AT1) bond on Nasdaq Dubai, drawing a wave of demand that far outpaced supply. The perpetual capital notes — rated A3 by Moody’s and A by both S&P and Fitch — were met with …

Mashreq Ignites 2026 Debt Market with $500 Million AT1 Debut on Nasdaq Dubai Read More »

Abu Dhabi is setting the tone for its 2026 funding calendar, instructing a syndicate of international banks to arrange a dual-tranche US dollar sovereign bond — its first outing of the year. The deal is structured in two slices: a five-year note guided around US Treasuries plus 50 basis points, and a 10-year tranche at …

Abu Dhabi Returns to Global Debt Markets with $ Benchmark Two-Step Read More »

In a decisive pivot toward digital self-reliance, the Central Bank of the United Arab Emirates has inked a deal with Core42, a unit of Abu Dhabi’s AI heavyweight G42, to construct what it calls a Sovereign Financial Cloud Services Infrastructure. This is not just another IT upgrade. It is an attempt to redraw the digital …

Desert Data Fortress: UAE Central Bank Builds Sovereign Cloud With G42 Arm Read More »

A heavyweight consortium backed by Saudi Arabia’s sovereign wealth muscle has moved to sweep up $1.5 billion worth of debt issued by U.S. gaming giant Electronic Arts, tightening its grip ahead of a historic takeover. The buying vehicle, dubbed Oak-Eagle, brings together Saudi Arabia’s Public Investment Fund, global tech investor Silver Lake, and Affinity Partners. …

Desert Capital Circles EA’s Debt as $55 Billion Buyout Machine Roars On Read More »

Trading floors across the Gulf told different stories on Tuesday. In Riyadh, caution ruled. In Dubai, momentum lingered. Elsewhere, investors moved with one eye on oil flows and another on Washington. Saudi Arabia’s benchmark index retreated 0.6%, giving back recent gains as unease over public finances resurfaced. A widening quarterly budget deficit — driven by …

Oil, Budgets and Bank Stocks: Gulf Markets Split as Riyadh Slips Read More »

In downtown Cairo, the queue at Egypt Post is no longer just about parcels and pensions. It’s about profit — and participation. Clutching national IDs and savings books, ordinary Egyptians are lining up for something that once felt distant and institutional: government debt. The new 17.75% “Citizen Bond” has turned post offices into unlikely financial …

Post Office, Not the Bank: How Egypt’s 17.75% Citizen Bond Is Redrawing the Debt Map Read More »