Modon Holding announces strategic investment in WLP

NMDC Energy appoints QMM as liquidity provider

Under the agreement, QMM will provide continuous two way quotes on NMDC Energy shares to ensure smoother trading activity, narrower bid-ask spreads,...

Red Sea Global secures $1.73bn funding for AMAALA

The loan agreement incorporates a blend of conventional and Islamic financing, aligning with RSG’s Green Loan Framework. Developer Red Sea Global (RSG)...

Tabreed appoints Arqaam Securities as Liquidity Provider

Under the terms of a 12 month agreement, Arqaam Securities will commence liquidity provisioning for Tabreed shares by entering two way quotes...

Gibson Dunn advises on UAE’s largest construction sector IPO

The IPO, which raised $381mn, resulted in an implied market capitalisation of around $1.91bn. Law firm Gibson Dunn said it advised the...

Sobha Realty raises $2.1bn with green sukuk

The order book for this five-year sukuk, maturing in 2030, was significantly oversubscribed, reaching approximately $2.1bn, 2.8 times the issuance size, the...

Khazna Data Centers secures $2.62bn financing facility to fuel expansion plans

Khazna has several projects underway, including two new facilities in Abu Dhabi, one in Dubai, and the region’s first AI-enabled data centre...

Red Sea Global eyes new finance options

The developer said that it may leverage current successes to pursue IPO and REITs options. Red Sea Global’s (RSG) CEO, John Pagano,...

EMSTEEL reports $1.17bn in revenue and $147mn EBITDA for H1 2025

The group demonstrated robust operational performance during the period, witnessing a significant 24% YoY increase in sales volumes of finished steel products....