🇦🇪UAE Legal News

King Abdullah Financial District Development and Management Company (KAFD DMC) has secured a 12 billion Saudi riyal ($3.2 billion) Murabaha financing facility, marking a significant milestone for the Riyadh-based development as it raises debt independently for the first time without direct backing from Saudi Arabia’s Public Investment Fund (PIF). The financing package, structured as a …

PIF-Backed KAFD Secures Landmark $3.2 Billion Islamic Loan Without State Guarantee Read More »

Qatar-based food and beverage producer Dandy has revealed the pricing framework for its upcoming initial public offering, setting an indicative range of QAR 5.00 to QAR 5.20 per share, valuing the company at up to QAR 536 million. Investors participating in the offering will pay the final price determined through the bookbuilding process, along with …

Qatar’s Dandy Unveils IPO Valuation, Eyes Up to $59 Million Raise Read More »

Asian markets surged on Friday as investors embraced fresh optimism that a breakthrough in the Middle East conflict could be within reach, easing concerns over energy-driven inflation and lifting risk appetite across global financial markets. The rally spread across the region after comments from U.S. President Donald Trump suggested that a potential peace agreement involving …

Markets Cheer Gulf Peace Signals as Oil Retreats and SpaceX Fever Grips Investors Read More »

Boards across the Middle East are positioning themselves at the forefront of technology governance, with new research indicating that the region’s directors are more engaged in artificial intelligence oversight and future-focused decision-making than their counterparts elsewhere. A global survey conducted by board advisory and technology specialist Board Intelligence found that Middle Eastern boardrooms are among …

Gulf Boardrooms Race Ahead as AI Governance Becomes a Strategic Imperative Read More »

Saudi-listed Sinad Holding has secured a long-term Islamic financing facility worth SAR300 million ($79.9 million) from Alinma Bank, strengthening its financial capacity as it pursues broader investment opportunities. According to a disclosure filed with the Saudi stock exchange, the facility became effective on June 11, 2026, and will remain in place until January 31, 2029. …

Sinad Taps Alinma for SAR300 Million Funding to Back Investment Plans Read More »

Dhabi’s AD Ports Group has taken another step toward strengthening its position in Egypt’s maritime logistics sector, with plans to consolidate ownership of Alexandria Container & Cargo Handling Company (ALCN), one of the country’s most strategically important port operators. The company announced that its wholly owned subsidiary, Black Caspian, has filed a draft mandatory tender …

AD Ports Eyes Fuller Grip on Key Egyptian Container Operator Through ADQ Stake Transfer Read More »

A renewed flare-up between the United States and Iran left Gulf equity markets moving in different directions on Wednesday, as investors weighed the risks of a broader regional conflict against the resilience of energy-driven economies. Market sentiment turned cautious after Iran’s Revolutionary Guards reportedly launched attacks on a U.S. military installation in Jordan along with …

Gulf Bourses Split as Fresh U.S.-Iran Escalation Keeps Investors on Edge Read More »

The race to secure a slice of SpaceX’s blockbuster stock market debut is drawing some of the Gulf’s biggest sovereign investors, with multibillion-dollar commitments reportedly emerging from across the region. Saudi Arabia’s Public Investment Fund and the Kuwait Investment Authority are said to have pledged investments ranging between $1 billion and $5 billion each toward …

Gulf Wealth Giants Crowd Into SpaceX Float as Demand Soars Read More »

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 »