In a move that sent a neat ripple through regional debt markets, the Dubai branch of Bank of China has rolled out a three-year, $500 million floating-rate note—tightening pricing far beyond the early whispers. What began as guidance around SOFR plus 100 basis points was ultimately reeled in to a lean SOFR +43 bps, landing …
The Gulf’s debt machine has kicked into a higher gear. By the end of the third quarter, outstanding volumes across the region’s debt capital market swelled to a towering $1.1 trillion, marking a muscular 12.7% jump over the past year, based on new figures from Fitch Ratings. One force in particular is rewriting the script: …
GCC’s Debt Engine Roars to $1.1 Trillion as Sukuk Surge Reshapes the Market Read More »
Bank of China’s Dubai arm has kicked off the sale of a new batch of three-year floating-rate notes, carving its way into global debt markets with a price marker hovering around SOFR plus 100 basis points. The issue slots neatly into the bank’s senior unsecured stack, mirroring the institution’s existing rating profile. A long roster …
Dubai’s BOC Outpost Rolls Out Fresh Dollar Notes, Eyes Dual Hub Listing Read More »
Gulf trading floors opened the week with the energy of a half-charged battery — faint flickers of movement, but not much spark. With oil prices sagging and the U.S. Federal Reserve’s next move shrouded in its usual fog, most regional indices simply floated in place. Oil, the region’s favorite weathervane, dipped after Russian exports resumed …
Gulf Markets Drift Sideways as Oil Softens and Wall Street Signals Go Fuzzy Read More »
Saudi Arabia’s once-lavish salary packages for foreign professionals are quietly shrinking, as companies recalibrate their budgets and rethink what — and who — is worth paying a premium for. Recruiters across the region say the era of eye-watering offers is giving way to a far more measured chapter. The kingdom’s vast economic re-engineering, built around …
Saudi’s Talent Gold Rush Cools as Expats Face Leaner Offers Read More »
Derayah Financial has unlocked a hefty 500 million-riyals lifeline, tapping into a sharia-compliant credit facility from Saudi National Bank—fuel poured straight into its plans for a more muscular presence in the brokerage arena. The funding is set to stretch the platform’s reach, powering up its main operations and widening its product shelf. A key piece …
Derayah Plots a Bigger Footprint with a Fresh Wave of Saudi Bank Funding Read More »
Sharjah has rolled out plans for a fresh dollar-denominated sukuk—an ambitious 10.5-year stretch—marking its latest move in a carefully layered strategy to widen its financial avenues and smooth out the long arc of its debt commitments. The issuance, to be floated through Sharjah Sukuk Programme Limited, comes with the emirate’s current credit rhythm: Ba1 on …
Sharjah Sets the Stage for a 10.5-Year Sukuk, Signalling a Long-Game Funding Play Read More »
Riyadh’s ninth Future Investment Initiative (FII9) closed its doors with a thunderclap of signatures and handshakes — more than $50 billion in deals and investment commitments spanning AI, renewable energy, advanced technology, and infrastructure. Held from October 27 to 30 under the banner “The Key to Prosperity: Unlocking New Frontiers of Growth,” this year’s gathering …
National Medical Care Company, one of Saudi Arabia’s prominent private healthcare operators, has sealed a SAR 1.2 billion ($320 million) financing agreement with Arab National Bank to fuel its next phase of expansion. Structured under Shariah principles, the funding package comprises a SAR 1 billion long-term Murabaha facility extending up to ten years, alongside a …
Saudi’s CARE Clinches $320 Million Islamic Loan to Build New Al Najris Hospital Read More »
The National Bank of Oman (NBO) is preparing to tap international investors with a new Additional Tier 1 (AT1) capital issuance, marking another bold step in the country’s financial sector. The bank has enlisted a powerhouse lineup of regional and global institutions to arrange investor meetings and manage the offering. Among them are Abu Dhabi …
National Bank of Oman Sets Stage for Landmark AT1 Capital Securities Issuance Read More »
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