Aldar Properties has tapped global debt markets with a $1 billion hybrid bond sale, riding a wave of investor appetite that allowed the Abu Dhabi developer to tighten pricing well below early expectations. The US dollar–denominated notes were priced at a coupon of 5.875%, trimmed sharply from initial guidance that hovered in the mid-6% range. …
Aldar Locks in $1 Billion Hybrid Sale as Demand Slashes Pricing Read More »
Abu Dhabi-based Ethmar International Holding is joining forces with Guggenheim Brothers Media to roll out a new investment fund aimed squarely at the next wave of media and technology innovators. The fund, described as running into the multi-million-dollar range, will be steered by Dillon Lawson-Johnston—whose lineage traces back to the founder of New York’s Guggenheim …
Ethmar and Guggenheim Heirs Bet Big on the Future of Media Tech Read More »
Saudi Basic Industries Corporation (SABIC) is pressing ahead with a strategic reset, agreeing to sell off two major overseas operations as it sharpens its focus on faster-growing markets. The company has struck a deal with Germany’s AEQUITA SE & Co. KGaA to transfer full ownership of SABIC Europe BV, valuing the business at 1.88 billion …
SABIC Reshapes Its Global Footprint With Twin European Exits Read More »
Saudi Telecom Company (STC) is set to launch a new wave of international sukuk, denominated in US dollars, under a $5 billion issuance framework approved by its board last September. The offering will be routed through an offshore special purpose vehicle (SPV) and could come in multiple tranches, targeting investors both in Saudi Arabia and …
STC Taps Global Markets with Dollar-Denominated Sukuk Under $5 Billion Programme Read More »
Abu Dhabi-based powerhouse Alpha Dhabi Holding is gearing up for an ambitious growth spree, planning to deploy 30 billion dirhams ($8 billion) over the next five years. Recent exits, including the sale of Modon for AED 5.3 billion, have fueled the conglomerate’s war chest for both international expansion and strategic capital moves. The group’s strategy …
Alpha Dhabi Sets Sights on Global Stage with $8 Billion Expansion and IPO Ambitions Read More »
Saudi Arabia kicked off its 2026 borrowing season with a splash, raising $11.5 billion through a multi-tranche bond offering that drew orders exceeding $28 billion. The offering, the kingdom’s first international debt move of the year and a first among GCC sovereigns for 2026, spanned four maturities—three, five, 10, and 30 years—highlighting strong global appetite …
Saudi Arabia’s $11.5B Bond Bonanza Sparks Frenzy in Global Markets Read More »
Natural gas now delivers roughly 70 percent of Mubadala Energy’s total output, underscoring the fuel’s central role in the company’s portfolio as it pushes deeper into global markets. The company’s chief operating officer described 2025 as a turning point—one marked by geographic expansion and steady progress on key gas developments. Mubadala Energy entered the United …
Gas at the Core: Mubadala Energy Bets Big on a Lower-Carbon Backbone Read More »
Saudi utility heavyweight ACWA Power is pushing deeper into China’s renewable landscape, striking agreements to buy stakes in a cluster of five wind power projects across the country. The bundle mixes steel already spinning with sites still taking shape. One wind farm, producing 250 megawatts, is already online. The remaining four—together adding another 1,000 megawatts—are …
ACWA Power Plants Its Flag in China’s Wind Belt with Five-Project Deal Read More »
In a high-profile meeting during the UAE President’s official visit to Pakistan, Sheikh Mohamed bin Zayed Al Nahyan and Prime Minister Muhammad Shehbaz Sharif explored avenues to deepen cooperation across economy, investment, and development sectors. Sheikh Mohamed, welcomed warmly by Prime Minister Shehbaz, highlighted the enduring bonds between the two nations, rooted not only in …
UAE and Pakistan Signal Deeper Ties Amid Strategic Talks Read More »
UAE equities drifted lower in subdued year-end trading, but not before booking weekly gains that hinted at underlying resilience, especially in Dubai. With liquidity thinning as the calendar winds down, local markets took their cue from oil, which held steady but offered little fresh momentum. Crude’s recent rebound provided a cushion through the week, even …
Oil’s Quiet Week Leaves UAE Markets Treading Water, Dubai Still Finds Its Feet Read More »
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