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Dubai-based travel and events firm Ambitions Enterprise is taking a 5% stake to Nasdaq
The tour operator plans to issue and float 1.5 mn new Class A shares priced between USD 4-5 apiece
Ras Al Khaimah plans 10-year Reg S USD-denominated benchmark sukuk
A USD-denominated Reg S issuance is a subordinated USD-based financial instrument offered to non-US investors
Another sukuk listing from Indonesia on Nasdaq Dubai
The three tranches are valued at USD 1.1 bn, USD 900 mn, and USD 750 mn
THIS MORNING: VC and PE funding to triple by year’s end? + Adnoc L&S to invest USD 5 bn over five years
Plus: Sharjah’s biggest solar plant to go live before next summer
Agriculture Bank of China lists USD 400 mn bonds on Nasdaq Dubai
Total outstanding fixed incomes bonds on the market now stand at USD 135 bn
Investcorp co-CEO steps down in senior reshuffle
Ben Gacem will remain as vice-chairman of Mubadala-backed Investcorp Capital
Israel Aerospace Industries to convert Emirates aircraft into freighters in Abu Dhabi
Plus: Cafu debuts in Ras Al Khaimah
Pathfinder Global raises USD 325 mn ahead of Nasdaq listing
Pathfinder Global is offering 2.5 mn shares in a private placement ahead of its Nasdaq listing
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