In the week to 26 June, QatarEnergy, Avilease, Emirates NBD, FAB, Dukhan and Burjeel issued a combined $7.5bn of debt, a pretty hefty figure. Notable among them was UAE healthcare group Burjeel Holdings’ $500 million debut sukuk
In case anyone was still in doubt about Saudi Arabia’s investment pivot then the kingdom’s most senior financial executive spelt it out in the clearest terms yet last week. “Now our new strategy
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Coinbase, the U.S.’s largest crypto exchange, will be based out of Abu Dhabi Global Marketplace (ADGM), from where it has been granted a license to arrange deals in investments and securely hold digital
The GCC’s AI ambitions are creating a parallel infrastructure race—Gulf countries and telecom companies are trying not only to build enough computing power, but also to control the fibre and cable networks that
The U.S. and Iran have paused their daily attacks on each other, but the war is not on hold as other forces are expanding the battle space. On Saturday, President Volodymyr Zelensky made a
Iran’s chokehold over the Strait of Hormuz remains firmly in place, but global oil markets could nearly eliminate their dependence on the contested waterway in a few years. Despite more than a week of
