As Saudi Arabia accelerates toward its Vision 2030 finish line, its race isn’t just about building futuristic cities or grand infrastructure — it’s about finding smarter ways to pay for them. And according to HSBC’s Middle East chief, the kingdom’s next big leap in financing could lie beyond traditional bank loans. “Saudi Arabia will need …
Gulf equities traded without clear direction on Tuesday as fading oil prices and uncertainty over U.S. interest rates left investors treading carefully. The U.S. Federal Reserve’s latest rate cut—its second this year—did little to lift sentiment after Chair Jerome Powell hinted that another cut in December was “not a foregone conclusion.” Expectations for a year-end …
Gulf Markets Split as Oil Weakens and Fed’s Next Move Looms Read More »
Qatar has once again flexed its financial muscle in global debt markets, locking in remarkably tight pricing on a $4 billion dual-tranche bond that underscored investors’ growing confidence in the Gulf nation’s credit strength. The sovereign’s latest foray features a $1 billion, three-year senior unsecured bond alongside a $3 billion, ten-year sukuk—both greeted with overwhelming …
Abu Dhabi’s powerful sovereign wealth arm, the Abu Dhabi Investment Authority (ADIA), has taken a commanding position in the public offering of Indian fintech platform Groww, anchoring nearly 4.7% of the issue as the IPO opened for subscription. The move reflects ADIA’s growing appetite for India’s fast-expanding digital and financial ecosystem. Through its India-based arm, …
Abu Dhabi’s ADIA Backs Groww’s Market Debut with Major Anchor Investment Read More »
Turkey’s debt market, once seen as a rollercoaster for risk-hungry investors, is steadily evolving into one of emerging markets’ most compelling plays. After a year marked by political hiccups and swift rebounds, confidence is growing that the momentum stretching across 2025 will carry right through into 2026. So far, Ankara has floated about $27 billion …
Turkey’s Debt Boom Keeps Beating the Odds — 2026 Looks Ripe for Another Run Read More »
In a meeting that underscored Dubai’s growing influence in global finance, H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, and UAE Minister of Finance, met with Georges Elhedery, Group CEO of HSBC Holdings, at the Dubai International Financial Centre (DIFC). The conversation centered on Dubai’s accelerating …
Dubai’s capital markets are running hotter than ever. The Dubai Financial Market (DFM) has posted a staggering 212% surge in net profit before tax, reaching AED 930.8 million ($253.5 million) for the first nine months of 2025 — a performance that underscores the city’s financial dynamism and rising global appeal. Total revenue climbed 138% year-on-year …
Emaar Properties founder Mohamed Alabbar is setting his sights eastward, hinting at a potential move into China’s vast real estate landscape — but only when the time is right. “I’m very interested in China, but it’s a different world. Let them recover first,” Alabbar remarked during a panel at the Future Investment Initiative conference in …
Emaar Eyes China as Alabbar Maps Out New Frontiers Beyond the Middle East Read More »
Abu Dhabi’s National Energy Company, TAQA, has closed the chapter on its Indian venture, selling off its entire ownership in TAQA Neyveli Power Company Private Limited for roughly $105 million (around 387 million dirhams). The buyer — MEIL Energy Private Limited, part of India’s Megha Engineering & Infrastructures Limited — now takes full control of …
TAQA Cuts Ties with Indian Power Plant, Fuels Push Toward Greener Horizons Read More »
In a coordinated response to Washington’s latest policy shift, several Gulf central banks trimmed their benchmark interest rates by 25 basis points, mirroring the U.S. Federal Reserve’s move to ease borrowing costs for the second time this year. The Fed’s decision—accompanied by dissent from two policymakers—came with a cautious note from Chair Jerome Powell, who …
Gulf Central Banks Follow Fed’s Lead, Trim Interest Rates to Spur Growth Read More »
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