UAE, Saudi lead $71bn M&A surge in MENA with focus on cross-border deals

UAE and Saudi Arabia lead MENA’s 2024 M&A surge, driven by cross-border deals and focus on digital, sustainable investments, with $71bn in transactions.

BlackRock eyes Gulf market with Abu Dhabi license

BlackRock expands Gulf presence with new Abu Dhabi license, tapping into UAE and Saudi capital markets to drive AI and decarbonisation.

Saudi firm launches “Heart of Khobar” smart city project

Saudi Arabia’s Tilal Real Estates unveils the 'Heart of Khobar,' a $1.6 billion smart city project to drive investment and elevate urban living standards in the Eastern Province.

Savola reshapes capital, hands Almarai stake to shareholders

Savola Group’s capital overhaul sees it distribute its Almarai stake, boosting shareholder value while restructuring finances for growth.

DIFC strengthens financial standing with timely $700mn sukuk repayment

DIFC demonstrates its financial strength by fully repaying a $700mn Sukuk, enhancing Dubai's global position as a premier financial hub with sustainable strategies and targeted investment.

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