Sunday 16 March 2025
 
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SRC completes pricing of first $2bn global sukuk offering

The Saudi Real Estate Refinance Company (SRC) said it has successfully completed the pricing of its first government-guaranteed international sukuk valued at $2 billion.    The issuance, structured in two tr

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SRC completes pricing of first $2bn global sukuk offering

The Saudi Real Estate Refinance Company (SRC) said it has successfully completed the pricing of its first government-guaranteed international sukuk valued at $2 billion.    The issuance, structured in two tr

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Adnoc to offer 3.1bn shares of Adnoc Gas in Marketed Offering

Abu Dhabi National Oil Company (Adnoc), the current majority shareholder of 90% of the ordinary shares in Adnoc Gas, has announced its intention to offer approximately 3.1 billion of the issued and outstanding share capital of Adnoc Gas. 

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Saudi Electricity prices $2.7bn dual-tranche sukuk offering

Saudi Electricity Company (SEC) has announced that it has successfully priced a $2.75 billion dual-tranche senior unsecured RegS Sukuk under its international Sukuk Programme.    The issuance consists of two

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Saudi Electricity prices $2.7bn dual-tranche sukuk offering

Saudi Electricity Company (SEC) has announced that it has successfully priced a $2.75 billion dual-tranche senior unsecured RegS Sukuk under its international Sukuk Programme.    The issuance consists of two

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EFG Hermes closes $935m offering for Adnoc Drilling

EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (Mena) region, has announced that its investment banking division has successfully closed a landmark $935 million accelerated equity offerin

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Saudi Electricity raises $2.2bn from new sukuk offering

Saudi Electricity Company (SEC) has announced the successful completion of its offer of dual-tranche sukuk, which helped it raise a total of $2.2 billion. The offering included dual-tranche five- and 10-year sukuk, as a part of the SEC's i

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Saudi Electricity raises $2.2bn from new sukuk offering

Saudi Electricity Company (SEC) has announced the successful completion of its offer of dual-tranche sukuk, which helped it raise a total of $2.2 billion. The offering included dual-tranche five- and 10-year sukuk, as a part of the SEC's i

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Hubpay launches cross-border remittance offering

Hubpay, a UAE-based technology company providing digital payment solutions for consumers and small to medium size businesses, has announced the expansion of its cross-border remittance offering with the launch of ‘Hubpay for Business&rsq

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CBRE hires residential head to launch new offering in UAE

Global real estate advisor CBRE has appointed Esam Sultan as the Head of Residential to launch a new residential service within its advisory business.    For his new role, Sultan will be based in the CBRE

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