🇦🇪UAE Legal News

Bank AlJazira Draws Strong Demand as $500 Million AT1 Sukuk Prices Tighter

Bank AlJazira Draws Strong Demand as $500 Million AT1 Sukuk Prices Tighter

Saudi Arabia’s Bank AlJazira has successfully priced a $500 million perpetual Additional Tier 1 (AT1) sukuk, attracting robust investor demand that allowed the lender to tighten pricing from initial guidance. The US dollar-denominated issuance was priced at a spread of 650 basis points over US Treasuries, improving from initial price thoughts that were set in …

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Ceasefire Cheer Lifts UAE Markets, But Fed Jitters Keep Gulf Rally in Check

Ceasefire Cheer Lifts UAE Markets, But Fed Jitters Keep Gulf Rally in Check

UAE equities surged on Thursday as investor sentiment improved following signs of easing tensions between the United States and Iran, helping Dubai post its strongest advance in months. However, growing expectations that the U.S. Federal Reserve could maintain a tougher stance on interest rates prevented a broader rally across Gulf markets. Markets drew support from …

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Jabal Omar Secures $533 Million Refinancing Deal to Extend Debt Maturity

Jabal Omar Secures $533 Million Refinancing Deal to Extend Debt Maturity

Jabal Omar Development Company has entered into a SAR 2 billion ($533 million) Murabaha financing agreement with Saudi National Bank, marking another step in the developer’s efforts to strengthen its balance sheet and streamline long-term financing obligations. The new facility, which carries a 15-year tenor, will be used to refinance existing debt under more favorable …

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OPEC Doubles Down on Oil’s Future, Pushes Demand Growth Forecast Through Mid-Century

OPEC Doubles Down on Oil’s Future, Pushes Demand Growth Forecast Through Mid-Century

The global oil industry is nowhere near the end of its growth story, according to OPEC, which has reaffirmed its conviction that oil demand will continue climbing for decades despite the rapid expansion of renewable energy and electric vehicles. In its latest *World Oil Outlook 2026*, the producer group projected global oil consumption to rise …

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FAB Heads to Euro Debt Markets With Green Bond Offering as Pricing Window Opens

FAB Heads to Euro Debt Markets With Green Bond Offering as Pricing Window Opens

First Abu Dhabi Bank (FAB), the UAE’s largest lender, has launched a three-year euro-denominated green bond offering, inviting investors to participate in a senior unsecured benchmark transaction under its established Euro Medium Term Note Programme. The deal, structured as a Regulation S, Category 2 issuance, will be offered through FAB’s $20 billion Euro Medium Term …

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Gulf Bourses Tread Divergent Paths as Markets Decode Emerging US-Iran Accord

Gulf Bourses Tread Divergent Paths as Markets Decode Emerging US-Iran Accord

Stock markets across the Gulf ended Wednesday on a mixed note as investors weighed the potential economic and geopolitical fallout of a developing agreement between the United States and Iran, a deal that could reshape energy flows and regional trade routes. Market sentiment remained cautious after fresh details surfaced regarding a preliminary understanding between Washington …

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Dubai Islamic Bank Returns to Syndicated Finance Market With $750 Million Islamic Loan Drive

Dubai Islamic Bank Returns to Syndicated Finance Market With $750 Million Islamic Loan Drive

Dubai Islamic Bank (DIB) has launched a $750 million senior unsecured Islamic financing facility, seeking commitments from lenders for a three-year bullet term loan as the UAE banking heavyweight taps the syndicated loan market. The financing is being arranged by HSBC, Mizuho Bank and Standard Chartered, which are serving as mandated lead arrangers and bookrunners …

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Investcorp Backs Metra’s Next Chapter as UAE Tech Distributor Eyes Bigger Ambitions

Investcorp Backs Metra’s Next Chapter as UAE Tech Distributor Eyes Bigger Ambitions

Investcorp has expanded its footprint in the technology sector with the acquisition of a stake in UAE-based IT distributor Metra, marking another move by the Bahrain-headquartered investment manager into businesses benefiting from the rapid adoption of digital technologies and artificial intelligence across the region. Financial details of the transaction, including the size of the stake …

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Egypt’s Market Status Under Scrutiny as Downgrade Debate Raises Questions Over Investor Confidence

Egypt’s Market Status Under Scrutiny as Downgrade Debate Raises Questions Over Investor Confidence

Egypt’s position in global equity benchmarks is facing renewed scrutiny, with the possibility of being reclassified from an emerging market to a frontier market drawing increasing attention from investors and asset managers. While such a move could dent market sentiment, analysts believe the direct impact on capital flows may prove less dramatic than initial reactions …

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From Battlefield to Bargaining Table: U.S. and Iran Unveil Roadmap to End Regional Conflict

From Battlefield to Bargaining Table: U.S. and Iran Unveil Roadmap to End Regional Conflict

A dramatic diplomatic breakthrough has emerged in the Middle East, with the United States and Iran announcing a preliminary agreement aimed at ending months of conflict and restoring access to the strategically vital Strait of Hormuz. The framework deal, described as a memorandum of understanding, is expected to be formally signed in Switzerland on Friday. …

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