United Arab Emirates

Hybrid issuance had all but disappeared in the last few years from emerging markets

The bond has some novel features, said one investor

The bank will take $600m on a book twice that size

Hybrid bonds are rare in the Gulf and even harder to find in Africa

ESG issuance has surged from the Middle East since its first appearance in 2017

Deal got done with local institutions and finished 2.1 times oversubscribed. International and retail accounts were irked by E&P’s share price tumble

Internationally marketed IPO pays off as ‘global’ investors come in

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

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

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