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Tabreed issues $700m inaugural green sukukTabreed, a leading district cooling company, today (March 5) announced the successful raising of $700 million via an inaugural, five-year green sukuk – the first issuance under its new USD 1.5 billion trust certificate issuance programme. The new s More… |
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Global dividends jump to record $1.75trn in 2024Global dividends grew to a record $1.75 trillion in 2024, according to the Janus Henderson Global Dividend Index, up 6.6% on an underlying basis. Headline growth of 5.2% reflected lower one-off special dividends and the stronger US dollar. The result for More… |
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Entaj completes allotment of shares following IPOArabian Company for Agricultural and Industrial Investment (Entaj), one of the leading poultry brands in Saudi Arabia has announced the successful completion of the individual investor offering period and the final allotment of the offered shares in relation to the company’s initial pub More… |
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UAE, Saudi PMI data shows sustained as costs riseThe UAE and Saudi Arabia continue to demonstrate robust economic performance in their non-oil sectors, with recent PMI data highlighting sustained growth and business optimism despite rising costs. In the UAE, the S&P Global PMI held steady at 55.0 i More… |
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PIF, Goldman Sachs in big Saudi investment partnership dealSaudi Arabia's sovereign wealth fund PIF today (March 4) signed a non-binding MoU with Goldman Sachs Asset Management for PIF to act as a strategic anchor investor for new private credit and public equity strategies in Saudi Arabia and the wider GCC region. More… |