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Bank of Sharjah tightens pricing on USD 500 mn bond after 3.6x oversubscription
The five-year bond carries a coupon of 4.875% per year
THIS MORNING: Potential MAF stake sale on the cards? + DP World kicks off Syrian port operations as Dana Gas eyes gas field expansion in Syria
Plus: IEA now sees global oil and gas demand potentially rising until 2050
THIS MORNING: WeRide gets approval for fully driverless Robotaxi operations in Abu Dhabi + UAE-Chad forum mobilizes USD 20.5 bn in investments
Plus: FinMin and CBUAE test out Digital AED
Why sustainability-linked loans are the future of corporate finance
In the MENA region, we’re witnessing a financial revolution, and it’s powered by sustainability. At Mashreq, we’re at the forefront…
Adia buys into India-based RBL Bank, ahead of Emirates NBD’s open offer for the Indian bank’s public share + sells stake in Singapore’s PLQ Mall
Adia bought the undisclosed stake at INR 320.7 per share
Mashreq Capital sees upbeat 4Q for MENA bonds, selective upside in equities
Mashreq expects near double-digit bond returns and favors reform-driven equity markets in Saudi Arabia, and the UAE amid easing cycle…
THIS MORNING: IHC is not looking to sell a stake in Aldar + Adnoc eyes expansion abroad through Adnoc Distribution, AIQ
Plus: Islamic banks’ revenues to get a boost from recently launched retail T-sukuk initiative
THIS MORNING: AED 170 bn in roads, transport upgrades + Emirates NBD to launch open offer for RBL Bank in December
Plus: UAE has invested over GBP 20 bn in the UK, double its original pledge
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