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EFG Hermes Targets Saudi and Kuwait IPOs, ABBs for Growth in Coming Months

EFG Hermes Targets Saudi and Kuwait IPOs, ABBs in 2025 Strong Start to 2025 with $575.7 Million Raised EFG Hermes kicked off 2025 with three successful IPOs, raising a total…

ADCB Credit Rating Upgraded to ‘A+’ by S&P, Reflecting Strong Financial Position

ADCB Credit Rating Upgraded to A+ by S&P ADCB Among Top Three in MENA Region ADCB secured an ‘A+’ credit rating from S&P Global Ratings. Strong financials and asset quality…

MENA Private Equity Deals Surpass $28B in Five Years

MENA Private Equity Deals Reach $28 Billion Over Five Years UAE, Saudi Arabia, and Egypt Lead in Deal Count Private equity (PE) transactions in the MENA region totaled $28 billion…

Adnoc Gas Raises $2.84 Billion in Record-Breaking Share Sale

Adnoc Gas Share Sale Raises $2.84 Billion in a Landmark MENA Deal Adnoc Gas, a key player in the energy sector, has successfully raised $2.84 billion by selling its shares.…

UAE and Saudi Arabia Lead MENA’s E-Commerce Boom in 2024

Massive Growth in MENA’s E-Commerce Industry E-commerce in the Middle East and North Africa (MENA) region grew by 30% in 2024. The market is now valued at $1.8 billion, with…