GCC

Dubai bank 'impresses with ESG narrative', but opinion divided on instrument's effect to pricing

Sustainable sukuk has strong optics, but some have concerns about secondary performance

◆ Austrian bank completes strategic capital refi ◆ Investor response show 'no consensus' on pricing for 'very esoteric name' ◆ New deal has lower funding cost than March's pulled attempt ◆ Other debut issuers show deeply subordinated capital remains desirable

Saudi Arabia's wealth fund sold a 2% stake in telecoms utility

After strong results, Delivery Hero is selling 15% of its Middle Eastern division in what will be one of the UAE’s biggest IPOs of the year

LuLu Retail breaks demand records, as international investors take 30% of the book, including Vanguard and GIC

Investor education on OQBI began one week after OQEP's shares fell on their first day of trading

Orders just covered the deal size

The Abu Dhabi Pension Fund, Bahrain's sovereign wealth fund, Emirates International Investment and the Oman Investment Authority have promised to buy shares, with more long-only accounts in the book as anchors

Financial borrower pushes close to fair value as investors flock to five year note

Up to $221bn of external funding could flow from the region's banks

Company has begun pre-deal investor education to local and international investors on $1.5bn-$1.75bn IPO