INSEAD Day 4 - 728x90

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Saudi Arabia to issue second local sukuk for the year

  • The local issuance comes amid rising demand for both international and domestic fixed income markets that provide safe and guaranteed returns
  • Countries are resorting to fixed income instruments to settle budget obligations in a bid to fuel economic recovery

For the second time this year, the Saudi government will issue riyal-denominated sukuk for the year, seeking to take advantage of huge interest in the bonds.

The local issuance comes amid rising demand for both international and domestic fixed income markets that provide safe and guaranteed returns.

Countries are resorting to fixed income instruments to settle budget obligations in a bid to fuel economic recovery and ease pandemic repercussions.