International

انتهت الثقة في إيران، والسعودية تحتفظ بحقها الكامل في الرد العسكري عند الضرورة، يؤكد وزير الخارجية السعودي

انتهت الثقة في إيران بالكامل. السعودية لا تخشى المواجهة، وتحتفظ بحقها في الرد العسكري عند الضرورة. وإذا كانت طهران تعتقد أن دول الخليج لا تملك القدرة على الرد، فهي واهمة. وإيران لن تتوقف ما لم تواجه رداً قوياً وحازماً

سعودی وزیرِ خارجہ کے اسحاق ڈار اور روسی ہم منصب سے رابطے، خطہ کی صورتحال پر تبادلہ خیال کیا گیا

سعودی وزیرِ خارجہ کے پاکستانی نائب وزیراعظم اسحاق ڈار اور روسی ہم منصب سے ٹیلیفونک رابطے، خطہ کی موجودہ صورتحال پر تبادلہ خیال کیا گیا۔ دونوں جانب گفتگو میں امن و استحکام کے فروغ کیلئے سفارتی روابط اور سیاسی مشاورت کی اہمیت پر زور دیا گیا۔

Islamic Development Bank floats €500mn sukuk in dual Dublin and Dubai listings

The Islamic Development Bank’s €500 million sukuk, priced at mid-swaps +50 bps, finds strong demand and listings on Euronext Dublin and Nasdaq Dubai, advancing its Trust Certificate Issuance Programme.

Abu Dhabi’s CYVN moves to acquire McLaren Automotive, steer focus to EVs

Abu Dhabi’s CYVN Holdings plans to take over McLaren’s automotive division, bringing fresh capital and expertise to expand McLaren’s electric vehicle technology. This move by CYVN could redefine the luxury carmaker’s future in EVs.

UAE poised to revive AED84bn F-35 deal with US if Trump clinches return

The UAE may look to revive a $23bn F-35 and drone deal with US if Donald Trump wins the 2024 U.S. Presidential race, as negotations with Biden continue to stall. Strategic Gulf relations are already beginning to shift amidst wider security ambitions.

Saudi sovereign wealth fund pivots focus back home to fuel Vision 2030

Saudi Arabia’s PIF refocuses its strategy, pivoting from global assets to domestically driven projects in line with Vision 2030. The fund’s recalibration aligns with the kingdom’s economic diversification goals amid global fiscal shifts.

شہباز شریف کا پاکستان کی ترقی، نوجوانوں کی خود مختاری اور سعودی عرب کے ساتھ شراکت داری کا عزم

پاکستان میں معاشی استحکام سعودی عرب و دیگر دوست ممالک کے تعاون سے ممکن ہوا، نوجوان نسل قیمتی اثاثہ ہے، پاکستان میں غیر ملکی سرمایہ کاروں کا خیر مقدم کریں گے، غزہ میں قتل و غارت روکنا ہو گی، اس کے بغیر دنیا میں امن اور خوشحالی ممکن نہیں۔

Dubai telco du profits soar 49.7% to book $520mn in Q3 FY2024

For the nine months leading to this quarter, du achieved a 49.7 percent increase in net profit, reaching AED1.9 billion, driven by robust commercial momentum, a dedicated strategy, and cost-efficiency.

UAE attracts mammoth US$16bn in greenfield foreign capital inflows in 2023

UAE attracts US$16 billion in FDI, transforming key sectors like real estate and finance to become a global investment leader with lasting international partnerships.

Lulu’s ADX IPO targets around $5bn bolstered by keystone GCC investors

Lulu Group’s ADX IPO promises to raise billions, anchored by cornerstone investor backing and an ambitious dividend plan to fuel its expansion across UAE markets.

UBS advises GCC investors secure wealth with bonds, gold to mitigate regional risks

GCC investors should consider high-grade bonds and global diversification of assets—with hedges in gold—to mitigate rising regional geopolitical risks posed in the Middle East, advises Swiss investment bank UBS.

UAE’s e& telecom giant expands into Eastern Europe in $2.3bn deal

e& Group cements its European presence with new acquisition across a majority of Eastern European markets — namely Bulgaria, Hungary, Serbia, and Slovakia.

UAE takes the lead in Arab Parliament with new president

UAE secures Arab Parliament presidency with Mohammed Ahmad Al Yamahi elected as president, showcasing Emirati leadership and commitment to regional cooperation through parliamentary diplomacy.

Dubai and Abu Dhabi vie for global elite in search of wealth sovereignty

Dubai and Abu Dhabi compete fiercely to draw wealth managers, with regulatory appeal and sovereign funds turning the UAE into a rising financial hub alternative.
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