Browsing: Financial Strength

Aldar Properties PJSC has launched its inaugural USD 1B hybrid capital issuance, attracting strong interest from regional and global investors.

Abu Dhabi Future Energy Company – Masdar, the UAE’s leader in clean energy, has announced the successful raising of $1B through its second green bond issuance under its Green Finance Framework.

Shanghai and Dubai are the top three wealthiest cities in the recently expanded BRICS bloc, determined by the number of millionaires, centi-millionaires, and billionaires in each city.

Saudi Arabia’s Public Investment Fund (PIF) has successfully concluded the pricing of a $5B Reg S international bond offering under its Euro Medium-Term Note Program, aligning with its strategy to consistently broaden its funding channels.

UAE’s largest bank, FAB, achieved an impressive 58% year-on-year increase in net profit, reaching AED 12.4B in nine months. This growth, aided by a stake sale in Magnati, with total revenue of AED 20.5B, bodes well for other prominent UAE blue-chip banks.