Browsing: MENA

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UAE Tops MENA M&A Activity with 63 Deals in Q1 2025

In the first quarter of 2025, the United Arab Emirates (UAE) emerged as the frontrunner in mergers and acquisitions (M&A) within the Middle East and North Africa (MENA) region, recording 63 deals. This surge is attributed to the country’s strategic economic reforms and its emphasis on sectors like technology and consumer products.

Business

Nasdaq Dubai Lists Region’s First USD 100M Blue Bond by DP World

Nasdaq Dubai has listed the Middle East and North Africa’s first corporate Blue Bond, a USD 100M issuance by DP World, a leading global supply chain solutions provider. The bond, issued under DP World’s USD 10B Global Medium-Term Note Programme, carries a 5.250% coupon rate and matures in 2029. It secured a spread of 99.6 basis points (bps) above US Treasuries, the tightest spread achieved by DP World in both bond and Sukuk markets. The proceeds will support sustainable initiatives, including marine transportation, port infrastructure, and water-positive projects, reflecting the region’s growing commitment to sustainable finance.

Business

UAE Leads Solar Energy Growth with Strategic Projects

A recent report has highlighted the UAE’s leadership in the regional solar energy sector, driven by key initiatives like the Dubai Clean Energy Strategy 2050, aiming for 75% clean energy by 2050, and Abu Dhabi Vision 2030, which targets 30% renewable energy in the next five years. The “Solar Outlook Report 2025,” launched by the Middle East Solar Industry Association (MESIA) at the World Future Energy Summit 2025 in Abu Dhabi, explores the rapid expansion of solar energy in the Middle East and North Africa (MENA) region, with the UAE playing a significant role in this shift.