🇦🇪UAE Legal News

Major stock markets across the Gulf traded higher on Wednesday, with investors favouring financial and energy shares despite lingering uncertainty surrounding the latest diplomatic efforts between the United States and Iran. Markets remained watchful as high-level discussions involving Washington and Tehran continued through Qatari mediation rather than direct engagement. Senior U.S. representatives arrived in Doha …

Gulf Equities Advance as Banking and Energy Stocks Offset Diplomatic Uncertainty Read More »

Mashreqbank has successfully completed a $500 million perpetual Additional Tier 1 (AT1) capital issuance after attracting investor demand that exceeded $1 billion, allowing the Dubai-based lender to price the deal tighter than initial guidance. The perpetual non-call 5.5-year securities were issued at par and carry a fixed annual coupon of 6.625%, translating into a yield …

Mashreqbank Draws Strong Demand for $500 Million AT1 Bond, Tightens Pricing Read More »

Bahrain-based alternative asset manager Investcorp is preparing to invest another $350 million across three to four companies in the Gulf Cooperation Council (GCC) through its $750 million Golden Horizon Partnership fund, reinforcing its long-term strategy of backing established family-owned enterprises with regional growth ambitions. The fund, launched in partnership with China Investment Corporation, has already …

Investcorp Maps Out Next Phase of Gulf Investments, Targets Family Businesses Ready for Expansion Read More »

Abu Dhabi-based XRG and Italy’s Eni are expanding their footprint in Argentina’s fast-growing energy sector after striking separate agreements with state-controlled oil producer YPF to take minority positions in three strategic upstream assets tied to the country’s flagship LNG ambitions. Under the agreements, XRG and Eni will each hold a 32% interest in the Meseta …

XRG and Eni Deepen Argentina Bet with Entry into Vaca Muerta Gas Blocks Read More »

ADNOC Logistics & Services (ADNOC L&S) has sharply upgraded its financial outlook for 2026, pointing to significantly stronger profitability than previously anticipated as demand across its shipping operations continues to outperform expectations. The Abu Dhabi-listed logistics and maritime company now expects net profit to climb in the high-60% range this year, a substantial improvement from …

ADNOC L&S Upgrades 2026 Outlook After Strong Shipping Momentum Boosts Earnings Expectations Read More »

AD Ports Group and Emirates Global Aluminium (EGA) are joining forces to invest AED 84 million (around $22.9 million) in a major upgrade of EGA’s dedicated berth at Khalifa Port, a move aimed at boosting cargo efficiency and supporting larger bulk shipments. The infrastructure project is designed to enhance the berth’s operational performance, enabling it …

AD Ports and EGA Commit $22.9 Million to Expand Khalifa Port Cargo Capacity Read More »

Iraq has warned that it may be forced to explore every available course of action if its oil production quota within OPEC is not substantially increased, according to a senior official from the country’s oil ministry. The remarks come as Baghdad intensifies efforts to secure a larger production allocation, arguing that current limits no longer …

Iraq Signals Tough Stance on OPEC Output Limits Amid Deepening Fiscal Strain Read More »

The easing of geopolitical tensions and a shifting energy landscape are creating a more constructive environment for investors across the UAE and the broader Middle East, according to Standard Chartered. The bank believes that the temporary understanding reached between the United States and Iran, coupled with a moderation in oil prices, has helped reduce the …

Risk Premiums Recede, Opening Fresh Path for UAE Investors, Says Standard Chartered Read More »

Most major stock markets across the Gulf traded lower on Thursday morning as investors weighed falling crude prices against growing expectations that the U.S. Federal Reserve could tighten monetary policy further before the end of the year. Oil, a key driver of economic sentiment across the region, continued its downward move, sliding toward levels seen …

Gulf Equities Slip Into Reverse as Oil Retreat and Fed Fears Cloud Sentiment Read More »

Türkiye has launched a new six-year US dollar sukuk transaction, marking another step in its international funding programme as the sovereign taps demand for Shariah-compliant debt. The planned benchmark-sized issuance is structured as a senior unsecured Ijarah sukuk and is being offered under Regulation S. Initial price thoughts have been set around 7.125%. The sovereign …

Türkiye Returns to Sukuk Market With Six-Year Dollar Offering, Guidance Set at 7.125% Read More »