Global Sukuk Issuance Falls Slightly To $30.6bn
Fitch says GCC issuers have continued to access the sukuk market to diversify their funding mix and develop the Islamic ... Read more
Battle For Thyssenkrupp Elevators Unit Heats Up
Brookfield Asset Management and a consortium of Advent International, Cinven and the Abu Dhabi Investment Authority rema... Read more
Dubai's Emirates NBD Plans $1.76bn Rights Share Sale
Emirates NBD last month raised the cap on foreign ownership holding in its shares to 20% from 5% Read more
Selling Aramco: The Wall Street A-listers On The Oil Giant's IPO
The Saudi government is set to give the official green light for the IPO at a meeting on Thursday, aiming to raise about... Read more
Dubai-based Portuguese DJ Wins Private Island In Canada
The 27-year old DJ, who lives at home with his parents in Dubai, won a competition held by Liv, an online bank run by Em... Read more
Dubai Wealth Fund Eyes 'investment Opportunities' With Russia's RDIF
Agreement signed as part of President Vladimir Putin's visit to UAE Read more
Dubai's DIFC Sees 45% Annual Jump In Islamic Assets
Dubai International Financial Centre's growth comes as emirate remains one of the world's largest centres for sukuk list... Read more
Carlyle Group Concludes Deal To Buy Cepsa Stake From UAE's Mubadala
Funds affiliated with Carlyle have acquired a 37% shareholding while Mubadala will remain the majority shareholder Read more
Aldar Investment Unit Sees Strong Demand For $500m Sukuk
Aldar Investment Properties announced on Wednesday the successful placement of a fixed rate $500 million dollar-denomina... Read more
UAE Investment In Russia Could Reach $10bn, Says RDIF's Kirill Dmitriev
Multiple deals worth $1.4bn were signed between two countries during Russian President Vladimir Putin's recent visit to ... Read more
Saudi Aramco Said To Pay Up To $450m To IPO Advisors
Sources say Saudi energy giant will pay between $350-450m to group of more than 20 banks advising on IPO Read more
UAE Regulator Seeks Feedback On Draft Crypto Asset Rules
Securities and Commodities Authority calls on all relevant parties to provide feedback on draft crypto regulations by Oc... Read more
Why The World's Biggest IPO Will Test Saudis' Faith In Crown Prince
Frenzy of excitement across the kingdom and social media over the IPO is only eclipsed by its importance Read more
Dubai's Mashreq Announces Appointment Of New CEO And Chairman
Former CEO Abdullah Abdul Aziz Al Ghurair becomes chairman of Mashreq after 30 years in previous role Read more
Telegram May Delay Coin Launch As SEC Halts US Sales
Dubai-based Telegram, which raised more than $1.7 billion last year for its project, told investors it's evaluating ways... Read more