#investors

Carlyle seeks $325m from Gulf Domino’s Pizza operator IPO

Carlyle is selling a 41.7 per cent stake in Alamar, or 10.6 million shares, to institutional and retail investors

UAE: Ministry of Finance announces second auction of federal treasury bonds

Bonds amounting to Dhs750m will be offered for a two-year tranche, and Dhs750m for a three years tranche

investment trends

Eye for detail: What do key investment trends look like?

Speaking to Gulf Business, Rob Ansari, head of investments and retirement – India, Middle East, Turkey and Africa at Mercer, shares insights on evolving market trends and the way forward

Dubai-Internet-City Tecom Group

Tecom Group to list 12.5% of shares on Dubai Financial Market

The company expects to pay a dividend amount of Dhs800m per annum over the next three years

Bitcoin

Bitcoin tumbles as much as 7.1% to drop back below $30,000

Bitcoin has been strongly correlated with risk assets for much of the past couple years

Sukuk

Sharjah’s Arada raises $350m via dollar sukuk, lists on London Stock Exchange

The issuance witnessed demand from regional and international investors, with a subscription order of $720m, more than two times the offer size

Bitcoin

Bitcoin seen at risk of resuming slide if $29,000 support fails

Bitcoin is trading above $30,000 on Tuesday as it recovers from a sharp decline in the past three weeks

Mercedes

Mercedes to swing to top-end models in luxury-car profit race

Mercedes sees top-end vehicle sales increasing by 60 per cent by 2026, a jump that would help push its operating margin to around 14 per cent by mid-decade

Dubai Financial Market

Dubai Financial Market to launch trading of Oman Crude Oil futures from June

The contracts will be cash settled and will have a smaller contract size of 100 barrels making them accessible

Dubai’s Shuaa Capital acquires majority stake in Souqalmal

Shuaa joins existing investors Riyad Capital and UK comparison website GoCompare

Gold advances as traders weigh Fed rate hike, growth risks

Investors continue to seek a store of value amid the uncertainty

Oil edges higher after three-day slide as volatility continues

The US Federal Reserve raised interest rates by a quarter percentage point

Uber’s Careem seeks $500m from Abu Dhabi and Saudi funds

Dubai-based Careem has reportedly held talks with Saudi Arabia’s Public Investment Fund and Abu Dhabi’s ADQ to raise the funds

Traded values on Abu Dhabi Securities Exchange increased 407% in 2021

Market capitalisation of stocks listed on the exchange more than doubled to reach Dhs1.6tn

Saudi arabia riyadh

Saudi Arabia’s Elm draws $57bn in institutional orders

Local investors placed orders worth SAR206bn

UAE’s top oil producer forms entity to sell bonds for first time

ADNOC said the new entity “intends to closely monitor market conditions and explore potential funding opportunities”

Bitcoin’s dominance of crypto payments is starting to erode

The alternative coins’ use surged partly as more businesses have begun using stablecoins for cross-border payments

Are select tech companies determining our digital lives?

The manner in which our digital lives operate today has been engineered in boardrooms to serve the interests of a select group of technology investors

Six areas to cover in your startup’s first 100 days

The first few months for any startup are critical

Billionaire Olayan family considers reviving plans for Saudi IPO

Established in 1969, Olayan Financing controls the billionaire family’s investments in the Middle East

Abu Dhabi fund Mubadala Capital buys major Taco Bell franchisee

The deal reflects Mubadala Capital’s foray into the food and beverage sector, where it invested about $1.8bn in the past seven years alone

Saudi Arabia considers freezones for cloud computing and manufacturing

At the outset Saudi Arabia plans to build four or five zones

Saudi exchange Tadawul is said close to IPO at $4bn value

An IPO of Tadawul has been on the cards since at least 2016

How will Expo 2020 Dubai impact the local real estate market and shape future trends?

Developers need to understand the changing demands of potential investors and organisations

ADNOC Drilling completes IPO bookbuild raising of over $1.1bn

Total gross demand for the IPO amounted to over $34bn

Dubai Chamber welcomes 16,000 new companies during Jan-Aug 2021

The chamber’s total membership count has scaled past 275,000

How Abu Dhabi is beckoning global talent for its long-term future

The emirate’s growing favourability among tourists, families and investors can be attributed to its focus on inclusion, innovation and diversity

Explainer: Where is the UAE’s manufacturing sector headed?

The recently announced Operation 300bn strategy is set to be a game changer in transforming the nation’s manufacturing sector, opines Nidal Haddad, founder and CEO, Al Bayader International

Middle East M&A activity scales 59% in H1 2021

Overall deal activity in the region continued its upward trend with 307 deals in the first half of the year

Dubai Financial Market

Dubai Financial Market scraps minimum trading commission from Sep 1

The directive aims to enable retail investors to avail of its investment opportunities, and promote their participation