🇦🇪UAE Legal News

Riyadh Air officially entered the international aviation arena on Wednesday, sending its first scheduled flight to London Heathrow and marking a major milestone for Saudi Arabia’s ambitious aviation expansion plans. The launch came against an uneasy backdrop. Conflict-linked disruptions across parts of the Middle East have unsettled airlines, strained flight schedules and pushed fuel costs …

Riyadh Air Opens Global Chapter With London Debut Amid Regional Turbulence Read More »

Abu Dhabi’s fast-rising sovereign investment powerhouse, L’IMAD Holding, has deepened its control over energy and water giant TAQA, marking another significant move in the emirate’s increasingly concentrated investment strategy. TAQA disclosed that Abu Dhabi Power Corporation (AD Power), a subsidiary of L’IMAD, has completed the purchase of an additional 9.1 billion shares in the utility …

Abu Dhabi Tightens Its Grip on TAQA as L’IMAD Expands Utility Bet Read More »

UAE-based Albaddad Holding has unveiled an ambitious $1.9 billion mixed-use development in Botswana, setting the stage for one of Southern Africa’s largest urban and business projects. Named **New Botswana City**, the sprawling development will rise in Gaborone and is being delivered in partnership with Botswana Development Corporation (BDC), the country’s state-backed investment agency. Designed as …

Albaddad Bets Big on Botswana With $1.9 Billion Smart City Vision Read More »

Dubai-based logistics and transportation specialist Tristar Group has secured a $770 million credit facility from a consortium of regional and international lenders, marking a significant refinancing move for the company as it reshapes its debt profile. The agreement, backed by a five-year term, includes two extension options that could provide additional flexibility over the life …

Tristar Locks In $770 Million Refinancing Deal, Eyes Additional Islamic Finance Option Read More »

Dubai’s drive to turn more residents into homeowners is gathering pace, with the emirate’s First-Time Home Buyer Programme helping more than 3,200 people purchase their first homes and generating over AED5 billion ($1.4 billion) in residential property transactions since its launch in July 2025. Introduced by the Dubai Land Department (DLD) in collaboration with the …

Dubai’s Homeownership Push Crosses AED5 Billion Mark as Buyer Scheme Gains Momentum Read More »

The Arab Energy Fund (TAEF) is preparing to return to international debt markets, lining up a syndicate of global and regional banks to engage fixed-income investors ahead of a potential $500 million sukuk offering. Investor discussions are scheduled to begin on June 9, with the fund considering the launch of a benchmark-sized U.S. dollar-denominated senior …

Arab Energy Fund Eyes Fresh $500 Million Sukuk After Tapping Investor Interest Read More »

Sharjah’s real estate sector maintained its strong pace in May, recording property transactions worth AED3.1 billion ($844 million) across 7,119 deals, highlighting sustained demand from investors and end-users across the emirate. According to figures released by the Sharjah Real Estate Registration Department, sales transactions covered approximately 9.5 million square feet during the month, reflecting broad-based …

Sharjah Property Market Extends Momentum With AED3.1 Billion in May Deals Read More »

Egypt’s corporate debt market has reached a new milestone after EFG Corp-Solutions, the leasing and factoring subsidiary of EFG Finance, completed a record-breaking bond issuance worth EGP 5.1 billion (approximately $106 million). The transaction stands as the largest corporate bond offering ever recorded in Egypt, underscoring growing investor appetite for local debt instruments and strengthening …

Egypt’s Bond Market Hits New High as EFG Corp-Solutions Closes Record EGP 5.1 Billion Deal Read More »

First Abu Dhabi Bank (FAB) has expanded its sustainability agenda beyond traditional finance, forging a strategic alliance with Water.org and impact investment manager WaterEquity in a move aimed at widening access to clean water and sanitation in emerging economies. Announced ahead of World Environment Day, the partnership includes FAB’s investment in the WaterEquity Everspring Fund, …

FAB Backs Global Water Access Push Through Landmark Impact Investment Read More »

Saudi Arabia and Russia projected a message of unity at the St. Petersburg International Economic Forum as mounting geopolitical conflicts continue to reshape the global energy landscape and tighten oil supplies. Saudi Energy Minister Prince Abdulaziz bin Salman stressed the need for stability across energy markets, arguing that the world cannot afford disruptions at a …

Saudi-Russian Energy Alliance Holds Firm as Global Oil Market Navigates Unprecedented Turbulence Read More »