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Secondary share sales eclipse IPO proceeds + near triple 2024 volumes
Good morning, wonderful people. After a couple of rather busy days, it appears the news cycle is deciding to take…
ADGM sets out FRT rule changes
The proposed framework outlines acceptance criteria and broadens the scope of stablecoin activities under regulation
Indonesia adds to Nasdaq Dubai sukuk
The listings lift Indonesia’s outstanding sukuk on Nasdaq Dubai to USD 24.1 bn, the exchange’s largest sovereign portfolio
Revolut plans to roll out its services in the UAE
PLUS- Saudi HSBC’s equity capital markets head could be coming to Dubai
Abu Dhabi, Dubai snap multi-month rallies in August
Gulf stock markets lost momentum, ending two consecutive months of gains
ADGM is region’s largest IFC as AUM surge
The financial center issued 1.9k new licenses during the period, up 47% y-o-y
Du kicks off follow-on offering as Mubadala’s Mamoura cuts stake
The transaction could see Mamoura raise up to AED 3.4 bn in proceeds
Adnoc Gas is joining the FTSE Emerging Index
PLUS: Cyprus wants the UAE to join in on EUR 1.9 bn subsea cable project
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