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Nasdaq Dubai gets its first sukuk listing from the Philippines
The Philippines made its debut Sukuk listing on Nasdaq Dubai worth USD 1 bn of Trust Certificates due in 2029
A relief rally for risk assets — but does it have legs?
Isthe “everything rally” a lasting bull market or a flash in the pan? Investors rushed into stocks, bonds, gold, and…
Gulfa General Investments exiting stage left from the DFM
The delisting will come into effect at the close of trading on 15 December
ADIB’s USD-denominated green sukuk now on the ADX
Abu Dhabi Islamic Bank (ADIB) listed its five-year USD 500 mn green sukuk on the Abu Dhabi Securities Exchange on…
Al Salam Bank goes on a buyback spree
Al Salam Bank kicked off the 10% buyback program last month
Stock market performance in 11M looking good
UAE’s bourses reigned in AED 7.6 bn worth of investments in the first eleven months of the year
ADC announces capital increase + pushes into printing, publishing
ADC Acquisition is offering a USD 142 mn capital increase to finance the company’s expansion plans, according to an ADX…
ADX now has a sustainability index
The index will assess companies’ annual performance based on their ESG scores and public performance reports
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