MarketsTop StoriesUAE’s debt capital market likely to top USD 300 billion in 2025: FitchGBO CorrespondentJuly 24, 2024 GBO CorrespondentJuly 24, 2024 Fitch rates sukuk issued in the United Arab Emirates at USD 26.5...
MarketsTop StoriesGCC fragmented debt market continues to rise, finds FitchGBO CorrespondentMay 28, 2024May 27, 2024 GBO CorrespondentMay 28, 2024May 27, 2024 Over the last fifteen months, Fitch has upgraded Oman, Qatar, and Saudi...
MarketsTop StoriesSaudi Vision 2030: S&P report envisions ‘crucial role’ for Kingdom’s capital marketsGBO CorrespondentMarch 11, 2024 GBO CorrespondentMarch 11, 2024 To develop Saudi capital markets, the CMA and Tadawul have recently launched...
EconomyIssue 01 - 2024MAGAZINEDiscussing MENA’s IPO OasisGBO CorrespondentJanuary 30, 2024January 30, 2024 GBO CorrespondentJanuary 30, 2024January 30, 2024 In the first half of 2023, the number of MENA IPO deals...
FinanceTop StoriesGo Green with GBO: The Sukuk route to climate goalsGBO CorrespondentOctober 20, 2023October 19, 2023 GBO CorrespondentOctober 20, 2023October 19, 2023 Green Sukuks are renewable energy and environmental asset investments compliant with Shari'ah...
EconomyTop StoriesDubai lowers debt by USD 7.8 billion after loan repaymentGBO CorrespondentOctober 3, 2023October 3, 2023 GBO CorrespondentOctober 3, 2023October 3, 2023 After the COVID-19 pandemic, Dubai outperformed other economies as it became a...
FinanceTop StoriesSaudi Vision 2030: Kingdom’s Islamic finance reforms get thumbs up from Moody’sGBO CorrespondentSeptember 25, 2023 GBO CorrespondentSeptember 25, 2023 As Saudi Arabia's economic growth accelerates, it will benefit the Islamic finance...
EconomyTop StoriesSukuk issuance to drop in 2023 as Gulf economies thrive, states Moody’sGBO CorrespondentSeptember 14, 2023 GBO CorrespondentSeptember 14, 2023 Sukuk offers privileged access to the Gulf region, where significant financial reserves...
EconomyTop StoriesEgypt’s GDP to expand by 4% in FY2023/24: World BankGBO CorrespondentApril 13, 2023April 13, 2023 GBO CorrespondentApril 13, 2023April 13, 2023 The analysis estimates that between USD 2.64 billion and USD 4.55 billion...
Banking and FinanceTop StoriesSRC gets recognition for contribution to Kingdom’s financial sectorGBO CorrespondentFebruary 20, 2023 GBO CorrespondentFebruary 20, 2023 SRC established its local Sukuk programme guaranteed by the government, denominated in...