🇦🇪UAE Legal News

Abu Dhabi’s NMDC Energy has taken a decisive leap into the Asian arena, mapping out a wider presence with a double-pronged expansion that stretches from Taiwan’s project shores to Shanghai’s commercial corridors. The company revealed that it has launched two fresh outposts — a full branch in Taiwan and a new commercial hub in Shanghai …

Abu Dhabi’s NMDC Energy Plants New Flags Across Asia in a Strategic Eastward Push Read More »

Saudi Arabia has decided that “big” simply isn’t big enough. In its latest display of tech-powered ambition, the kingdom helped fuel a staggering $900 million liftoff for Luma AI—an American generative-intelligence startup now plugged directly into one of the most aggressive AI expansion plans on the planet. At the heart of this surge is HUMAIN, …

Saudi Arabia Hits the Turbo Button on AI—Luma’s $900 Million Boost Ignites a Kingdom-Sized Tech Storm Read More »

National Medical Care Company has tapped into a new wellspring of funding, locking in up to SAR 228.5 million ($60.9 million) through a Murabaha facility arranged with Saudi Awwal Bank. The move isn’t just another refinancing shuffle—it’s a calculated stride meant to lighten the company’s financing load over the next five years. This fresh backing …

A Fresh Pulse of Capital: National Medical Care Clinches SAR 228.5 Million Boost Read More »

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 …

Dubai’s Pulse Quickens as Bank of China Unleashes $500 Million in Fresh SOFR-Linked Debt Read More »

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 »