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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

How private equity is well poised to leverage opportunities

As an asset class, private equity continues to perform robustly, with venture capital seeing a standout year on the back of enthusiasm for technology and healthcare

Dubai’s RTA launches digital platform to serve investors, entrepreneurs

The platform is for investors and entrepreneurs interested in engaging with the authority on projects

Saudi’s Red Sea Farms raises $16m pre-series A funding round

Initial investor group includes Aramco venture Wa’ed, the Future Investment Initiative Institute and KAUST from Saudi Arabia, as well as UAE-based Global Ventures

How Dubai’s resilient property market is beckoning international interest

The emirate’s residential market is seeing growing interest from international investors due to its robust fundamentals

Global credit: Hedging bets on the recovery

Security selection will be particularly important within high yield

DP World

DP World is said to weigh sale of stake in Jebel Ali Free zone

The port operator is working with advisers to gauge interest in the sprawling industrial park

Bahrain in talks with banks for bond sale in second half of 2021

The nation last tapped the international debt market in January

UAE-Japan

UAE, Japan to launch business council

Japan is ranked tenth globally among the list of countries investing in the UAE

Abu Dhabi’s ADQ is said to eye stake in top Egyptian dairy firm

Deliberations are in the early stages and there’s no certainty ADQ will proceed with any transaction

Saudi Aramco

Aramco weighs sale of stake in natural gas pipelines

The company is also conducting a strategic review of its upstream business

Aramco said to review upstream assets for potential stake sales

The company reshuffled its senior management last year and created a division focused on portfolio optimisation

Changes in UAE citizenship law beckon hope and inclusion

Amendments to the UAE’s citizenship law heralds the making of a diverse, talent-based society

Abu Dhabi launches programme to attract expatriates

The ‘Thrive in Abu Dhabi’ initiative invites foreigners and their families to settle down in the capital emirate

Saudi Arabia seeks to end arbitrary justice to win investors

Some of the changes will aid women in particular

Abu Dhabi Investment Office establishes international presence in US, Asia and Europe

The network of new locations will offer unprecedented access to the emirate’s offerings

Saudi Aramco seeks $7.5bn loan for pipeline investors

The discussions are occurring in parallel with the sale of a stake in a pipeline unit

Saudi Arabia aims to raise over $5bn in bond-market return

No final decision on the timing has been made

Crowd investment platform Stake launches in UAE

Users can own a piece of real estate for as little as Dhs2,000

Investment lessons: Outbound Middle East capital seeks emerging asset classes

The considerable levels of dry powder available across the Middle East is expected to target diversification opportunities and long-term higher returns

Oman returns to debt market as rally reduces borrowing costs

The sultanate raised $500m in a tap of its bonds due in 2027 and 2032

Aramco turns to bonds to help fund $75bn dividend

The yield on Aramco’s $3bn of bonds due in 2029 has dropped to 2.09 per cent from 3.04 per cent at the start of the year

Abu Dhabi Pension Fund, ADQ invest $2.1bn in ADNOC infrastructure deal

ADNOC will divest 20 per cent in ADNOC Gas Pipelines HoldCo LLC

Dubai’s Emirates Islamic closes $500m sukuk issuance

Bank ABC, Citigroup, Dubai Islamic Bank, Emirates NBD Capital, and HSBC, among others acted as joint lead managers and bookrunners for the transaction