Al Tamimi & Company’s Post

The CMA's recent changes pave the way for deepening debt markets in KSA. These changes coupled with the new Companies Law allowing for bonds and Sukuk to be issued by LLCs and JSCs will impact KSA's DCM landscape positively.

The Sukuk and debt capital market of Saudi Arabia has recorded significant expansion, said the Capital Market Authority (CMA), achieving an annual growth rate of 7.9% since 2019. The market’s growth reached approximately SAR105 billion (US$27.98 billion) in 2023, compared with SAR72 billion (US$19.18 billion) in 2019. This was driven primarily by unlisted issuances, which grew at an annual rate of 9.6%. https://lnkd.in/eGAPEFrQ #REDmoney #IFN #IslamicFinance #Finance #SaudiSukukMarket #DebtCapitalExpansion #InvestmentGrowth #MarketDevelopment #FinancialInfrastructure #GlobalSukuk #CMASaudi #SaudiArabia

The Sukuk and debt capital market of Saudi Arabia has recorded significant expansion, said the Capital Market Authority (CMA), achieving an annual growth rate of 7.9% since 2019. The market’s growth reached approximately SAR105 billion (US$27.98 billion) in 2023, compared with SAR72 billion (US$19.18 billion) in 2019. This was driven primarily by unlisted issuances, which grew at an annual rate of 9.6%. https://lnkd.in/dKZJW3T4 #REDmoney #IFN #IslamicFinance #Finance #SaudiSukukMarket #DebtCapitalExpansion #InvestmentGrowth #MarketDevelopment #FinancialInfrastructure #GlobalSukuk #CMASaudi #SaudiArabia

#menanews Saudi Arabia's Public Investment Fund (PIF) has obtained a $15 billion revolving credit facility for general corporate purposes. This replaces the previous $15 billion revolving credit facility agreed in 2021. This $15 billion revolving credit facility is offered for an initial period of three years and is extendable for up to two additional years. The facility agreement was signed with a diverse global syndicate of 23 financial institutions from Europe, the U.S., the Middle East and Asia. Read more: https://lnkd.in/dibyy5QT #SaudiPIF #PublicInvestmentFund #Finance #Investment #GlobalSyndicate #CreditFacility #FinancialNews #SaudiArabia #Banking #CorporateFinance #MiddleEastFinance #GlobalInvestment

Saudi Wealth Fund's Sukuk Yield Adjustment Reflects Investor Confidence In a move signaling robust investor interest, Saudi Arabia's Public Investment Fund (PIF) has recalibrated the yield on its seven-year, dollar-denominated sukuk. Initially indicated at 115 basis points above US Treasuries, the yield has been tightened to 85 basis points, against a backdrop of orders exceeding $17 billion. This strong demand underscores the confidence investors place in the Kingdom's financial instruments. Discover the full story behind PIF's strategic yield adjustment on Saudi Business News, link in bio! #PIF #Sukuk #InvestorConfidence #FinancialMarkets #SaudiArabia #PublicInvestmentFund #US_Treasuries #SaudiBusiness #SaudiNews #Vision2030 #SaudiArabia

We recently hosted an event in Riyadh, Saudi Arabia, marking our second event in the Middle East. It provided a great opportunity to spend time with asset owners and hear their latest thinking on the challenges and opportunities in their portfolios. In the latest edition of Brick by Brick I have the privilege to provide a summary of my takeaways from the event, ranging from how Saudi Arabia is positioning itself for international investors, the challenges in building a total portfolio view across public and private markets, and hedge funds’ resurgence as an asset class. Read the full article here: https://lnkd.in/exZgCAFd #investment #PrivateMarkets #HedgeFunds

Saudi Arabia’s sovereign wealth fund is exploring portfolio companies’ bond sales and IPOs to fund crown prince MBS’ vision mega projects as cash reserves drop to $15 billion, lowest since 2020 Now enlisting top Wall Street banks in loading shares offering for Saudi Aramco These bond sales and IPOs may present sources of great investment cash flows “Saudi Arabia’s sovereign wealth fund is considering plans to accelerate debt sales or obtain bank loans as it hunts for new sources of cash to help pay for Crown Prince Mohammed bin Salman’s trillion-dollar economic transformation project.” #saudi #aramco #mbs #mbsmegaprojects #ipos #cashflow #bondsales #bondissues #crownprince

We recently hosted an event in Riyadh, Saudi Arabia, marking our second event in the Middle East. It provided a great opportunity to spend time with asset owners and hear their latest thinking on the challenges and opportunities in their portfolios. In the latest edition of Brick by Brick it’s a privilege to provide a summary of my takeaways from the event, ranging from how Saudi Arabia is positioning itself for international investors, the challenges in building a total portfolio view across public and private markets, and hedge funds’ resurgence as an asset class. Read the full article here: https://lnkd.in/exZgCAFd #investment #PrivateMarkets #HedgeFunds

We recently hosted an event in Riyadh, Saudi Arabia, marking our first event in the Middle East. It provided a great opportunity to spend time with asset owners and hear their latest thinking on the challenges and opportunities in their portfolios. Garvan McCarthy, our Chief Investment Officer for EMEA and Asia, was on the ground. In the latest edition of Brick by Brick he provides a summary of his takeaways from the event, ranging from how Saudi Arabia is positioning itself for international investors, the challenges in building a total portfolio view across public and private markets, and hedge funds’ resurgence as an asset class. Read the full article here: https://bit.ly/4fCepgc #investment #PrivateMarkets #HedgeFunds

Private debt is rapidly emerging as a key asset class in Saudi Arabia, drawing significant interest from both regional and global investors as the country's capital markets continue to mature. In our latest Territory Guide, developed in partnership with SVC, we explore critical questions shaping this dynamic market: • Is private debt in Saudi Arabia reaching an inflection point? • How have new regulations enhanced transparency and fairness in private debt transactions? • Why do many LPs in Saudi Arabia view private debt as one of the most promising opportunities in the coming years? Delve into these insights and more: https://okt.to/kQUHoI #Preqin #SVC #PrivateDebt #AlternativeInvestments #MiddleEastAlternatives