Saudi developer Dar Al Arkan sells $600 mln in Islamic bonds
Saudi Arabian real estate developer Dar Al Arkan is set to raise $600 million through an issuance of sukuk, or…
Hedge Funds & Alternative Investments
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Financials drag most of Gulf lower, Saudi underperforms
Most major Gulf markets traded in the red on Wednesday with weakness in banking shares weighing and Saudi Arabian stocks…
Sudan receives $1.5bn from Saudi Arabia, UAE
Sudan has received $1.5 billion of a total of $3 billion aid pledged by Saudi Arabia and the United Arab…
Saudi central bank vets local lenders ahead of Aramco IPO: sources
The Saudi central bank is vetting local lenders' exposure to Saudi Aramco ahead of an initial public offering (IPO) of…
Russia sovereign fund opens Saudi office ahead of Vladimir Putin visit
Russia's sovereign wealth fund announced Tuesday the opening of its first overseas office in Saudi Arabia ahead of President Vladimir…
Saudi Arabia seeks to ease path for foreign listings
Saudi Arabia has doubled down on a longstanding effort to entice foreign companies to list on its stock exchange, via…
UAE invests AU$26 billion in Australia: Deputy PM McCormack
The UAE has around AU$26 billion (AED64 billion) worth of investments in Australia, revealed a senior Australian official on Monday.…
AXA Gulf appoints Paul Adamson as CEO
AXA has announced the appointment of Paul Adamson as Chief Executive Officer of AXA Gulf. He will take over…
17,252 citizens benefit from exceptional pensions and bonuses
Recent statistics revealed that the current beneficiaries of exceptional pensions and bonuses, as stipulated in Article 80 of the Social…
Real Estate Relations Regulatory Department at DLD honoured by ADCB
Dubai Land Department is proud to possess strong cooperative relationships with several local partners, primarily banks in the UAE —…
Abu Dhabi's Aldar hires banks for dollar sukuk
Aldar Investment Properties has hired banks to arrange investor meetings ahead of a planned issue of U.S. dollar-denominated sukuk, or…
Why Saudi Aramco’s IPO Is No Ordinary Share Sale
It makes more profit than any other company in the world, but is it the most valuable? The answer could…