Latest Threads

Nasdaq Dubai has announced the listing of dual-currency bonds issued by China Development Bank, highlighting Dubai's role as a key international hub for fixed income issuances and cross-border investments. The bonds consist of a USD 500 million floating-rate tranche and a EUR 500 million fixed-rate tranche, both rated A1 by Moody's. The issuance attracted significant investor interest, with the euro tranche oversubscribed 15 times and the USD tranche three times. Investors included banks, sovereign entities, and asset managers from Europe, the Middle East, and Asia. Hamed Ali, CEO of Nasdaq Dubai, emphasized the strengthening ties with Chinese financial institutions and the confidence international investors have in Dubai's market infrastructure. This issuance is part of CDB's strategy to diversify its foreign-currency funding and expand its international investor base. Nasdaq Dubai continues to grow as a venue for Chinese issuers, with over USD 13.4 billion in Chinese fixed income listings. Total debt issuances on Nasdaq Dubai now exceed USD 136.2 billion.

Du and Omantel have announced the activation of the Oman Emirates Gateway (OEG), a 275km international fibre optic submarine cable system designed to enhance connectivity between the UAE and Oman. This project connects three international data centers: datamena DX1 in Dubai, Equinix MC1 in Barka, and Equinix SN1 in Salalah. The OEG aims to improve the region's digital infrastructure, offering a seamless connection and supporting the area's development into a global telecommunications hub. It enhances network efficiency, speed, and customer experience with advanced offerings. Du's Chief Commercial Officer, Karim Benkirane, described the OEG as a bridge to future-proofing the region's digital infrastructure, benefiting hyperscalers, content providers, and international carriers. Samy Al Ghassany, Omantel's Chief Technology and Digital Officer, highlighted the project's role in digital transformation and regional growth. The OEG provides resilience through dual routes, ensuring reliability and optimal network performance, supporting emerging technologies, and facilitating international business growth. This development strengthens du and Omantel's positions in the telecommunications industry, reflecting their commitment to attracting global players and driving economic growth and technological innovation in the UAE and Oman.

Dubai Islamic Bank (DIB) has successfully arranged a US$1 billion syndicated financing facility for the Government of Pakistan, in collaboration with regional and international financial institutions. The five-year facility, partially guaranteed by an Asian Development Bank (ADB) Policy-Based Guarantee, is notable for being the first of its kind by ADB for Pakistan. The financing includes an Islamic tranche structured as a Commodity Murabaha, representing 89% of the total facility, highlighting the demand for Shariah-compliant financing. DIB served as the Sole Islamic Global Coordinator and, along with Standard Chartered, as Joint Mandated Lead Arranger and Bookrunner. Other participating Islamic banks include Abu Dhabi Islamic Bank, Ajman Bank, and Sharjah Islamic Bank. This arrangement is seen as a boost to Pakistan's economic reform and expansion of Islamic finance.

On July 8, 2025, GFH Financial Group B.S.C. announced that following unusual trading activity of its shares on Boursa Kuwait, there is no additional undisclosed material information that needs to be reported. This statement is in compliance with the instructions from Boursa Kuwait and the provisions of Article 4-5 of Module 10 (Disclosures and Transparency) of the Capital Markets Authority (Kuwait) Executive Regulations of Law No. 7 of 2010. The announcement was made by Mariam Jowhary, the Head of Compliance & AML.

The document provides details on the margin parameters for DFM Futures, effective from July 9, 2025. It lists various underlying symbols, their base margin percentages, currencies, and margin per contract, both base and spread. The underlying symbols include AIRARABIA, AlANSARI, ARMX, DEWA, DEYAAR, DFM, DFMGI, DIB, DIC, DU, EMAAR, EMAARDEV, EMIRATESNBD, EMPOWER, GFH, OMOIL, SALIK, and SHUAA. The margin calculation methodology and eligible margin types are detailed in the Derivatives Clearing Guidelines and Procedures, available on the Dubai Clear website. The announcement is also accessible on the DFM website. A disclaimer notes that the information is subject to change and advises consulting the Dubai Financial Market Regulated Derivative Contract Trading Regulation for any inconsistencies.

A new series of equity futures contracts for October 2025 will be available for trading on the Dubai Financial Market starting from July 10, 2025. These contracts include various futures such as AIRARB, ANSRI, ARMX, DEWA, DEYAAR, DFM, DFMGI, DIB, DIC, DU, EMAAR, EMPWR, EMRDEV, ENBD, GFH, SALIK, and SHUAA. All these contracts will be listed on July 10, 2025, and de-listed on October 16, 2025. Additional details and updates can be found on the Dubai Financial Market website. Note that the information provided is subject to change and the Dubai Financial Market Regulated Derivative Contract Trading Regulation takes precedence in case of any inconsistencies.