International Finance Magazine’s Post

Ground-Breaking Deal of the Year ⭐ Congratulations to Public Investment Fund (PIF) on winning the 2024 Bonds, Loans & Sukuk Middle East AWARD for Ground-Breaking Deal of the Year. PIF’s inaugural sukuk issuance marks the largest ever sukuk issuance by a sovereign wealth fund. The orderbook peaked at over $25.5bn USD and represented a 7.2x oversubscription. Despite a volatile market backdrop final spreads represented a tightening of 30bps from IPTs and no new issue concession vs. PIF’s conventional bond curve. Public Investment Fund (PIF) Abu Dhabi Commercial Bank Albilad Capital البلاد المالية alrajhi bank Bank of China BNP Paribas Bank of America Citi Crédit Agricole CIB Deutsche Bank Emirates NBD First Abu Dhabi Bank (FAB) Goldman Sachs HSBC J.P. Morgan Mizuho MUFG Sumitomo Mitsui Banking Corporation – SMBC Group SNB Capital Standard Chartered Linklaters Allen & Overy Aveen Prasad Feruz Zokirov Rabeeh Moudallal #GFCMediaGroup #BondsLoansAwards #BondsLoans #Sukuk #FinancialMarkets #ESGFinance

Islamic Capital Markets Deal of the Year ⭐ Congratulations to Public Investment Fund (PIF) on winning the 2024 Bonds, Loans & Sukuk Middle East AWARD for Islamic Capital Markets Deal of the Year. PIF’s inaugural sukuk issuance marks the largest ever sukuk issuance by a sovereign wealth fund. The orderbook peaked at over $25.5bn USD and represented a 7.2x oversubscription. Despite a volatile market backdrop final spreads represented a tightening of 30bps from IPTs and no new issue concession vs. PIF’s conventional bond curve. Public Investment Fund (PIF) Abu Dhabi Commercial Bank Albilad Capital البلاد المالية alrajhi bank Bank of China BNP Paribas Bank of America Citi Crédit Agricole CIB Deutsche Bank Emirates NBD First Abu Dhabi Bank (FAB) Goldman Sachs HSBC J.P. Morgan Mizuho MUFG Sumitomo Mitsui Banking Corporation – SMBC Group SNB Capital Standard Chartered Linklaters Allen & Overy Aveen Prasad Feruz Zokirov Rabeeh Moudallal #GFCMediaGroup #BondsLoansAwards #BondsLoans #Sukuk #FinancialMarkets #ESGFinance

Sukuk Deal of the Year ⭐ Congratulations to Public Investment Fund (PIF) on winning the 2024 Bonds, Loans & Sukuk Middle East AWARD for Sukuk Deal of the Year. PIF’s inaugural sukuk issuance marks the largest ever sukuk issuance by a sovereign wealth fund. The orderbook peaked at over $25.5bn USD and represented a 7.2x oversubscription. Despite a volatile market backdrop final spreads represented a tightening of 30bps from IPTs and no new issue concession vs. PIF’s conventional bond curve. Public Investment Fund (PIF) Abu Dhabi Commercial Bank Albilad Capital البلاد المالية alrajhi bank Bank of China BNP Paribas Bank of America Citi Crédit Agricole CIB Deutsche Bank Emirates NBD First Abu Dhabi Bank (FAB) Goldman Sachs HSBC J.P. Morgan Mizuho MUFG Sumitomo Mitsui Banking Corporation – SMBC Group SNB Capital Standard Chartered Linklaters Allen & Overy Aveen Prasad Feruz Zokirov Rabeeh Moudallal #GFCMediaGroup #BondsLoansAwards #BondsLoans #Sukuk #FinancialMarkets #ESGFinance

As CEO of a wealth management firm in the Middle East, I see firsthand how key trends like oil price volatility, Islamic finance, and the rise of Sovereign Wealth Funds (SWFs) are reshaping the investment landscape. Fluctuations in oil prices directly influence economic stability and market performance, which is why we prioritize diversification across sectors to mitigate risks for our clients. Islamic finance presents a unique opportunity to align investments with ethical values while still delivering solid returns. From Sukuk to Sharia-compliant funds, these instruments offer a responsible and sustainable approach to wealth building. Additionally, the growth of SWFs in the GCC is a game-changer for investors. With vast capital and long-term strategies, these funds are driving investments in sectors like technology, infrastructure, and renewable energy. By staying ahead of these trends, we help our clients capitalize on emerging opportunities in the region. . . #AMWealth #investing #financialservices #uae

🌟 Record-Breaking Bond Issuance in MENA 🌟 🚀 Bond issuance in the Middle East and North Africa (MENA) region soared 59% year-on-year, reaching an unprecedented $73.4 billion in the first half of 2024! This marks the highest level since LSEG began tracking in 1980. 📈 Key Highlights: 📊 Number of Issuances: Increased by 63% compared to the same period last year. 🇸🇦 Saudi Arabia: Dominated the bond market, issuing 49% of all bonds. 🇦🇪 UAE: Followed with 29%, while 🇶🇦 Qatar secured 10%. 🏦 Financial Institutions: Primary issuers, raising 56% of total funds. 🏛️ Government Entities: Accounted for 36% of issued debt securities. 🕌 Islamic Bonds (Sukuk): Raised $27.6 billion, with Saudi Arabia leading the way. 🌟 KSA Sukuk Ltd.: Largest issuance of $4.96 billion. ⚡ Saudi Electricity Sukuk Programme Co.: Issued $2.20 billion. 📉 Sukuk represented 38% of total bond proceeds, slightly down from 40% last year. 🔍 Surprising Fact: 💼 Standard Chartered emerged as the leading bond bookrunner, facilitating $8.2 billion in bond issuances and securing an 11% market share. 📈 Equity Issuances: 💹 Jumped to $16.5 billion, nearly tripling from the same period last year. 📜 IPOs: Represented 22% of total activity, with 23 IPOs raising $3.6 billion. 💚 Green Bonds: 🌿 Issuances surged to $15.5 billion, more than doubling from the previous year, driven by UAE and Saudi Arabia. 🌟 The MENA bond market is witnessing unprecedented growth and diversification. As we move forward, the region's financial landscape continues to evolve, presenting exciting opportunities for investors and issuers alike. This market is rapidly evolving and presents significant opportunities that asset managers cannot afford to overlook. 🌟 #MENA #assetallocation #EMbond #sukuk

Public Investment Fund (PIF) Strengthens Global Presence with GBP Bond Issuance. The Public Investment Fund (PIF)'s successful pricing of its first GBP-denominated bond offering showcases investor confidence in Saudi Arabia's economic strength and Saudi Vision 2030 goals. Source: Mohammed AlQahtani #SaudiArabia #PublicInvestmentFund #GlobalInvestments #SaudiEconomy #Vision2030 #Bonds #Financing #GBP #Investors #Creditworthiness #InvestInSaudi #InvestmentOpportunities #ArabNews #ArabTimes #ArabTimesNews

Been there before the GFC, when accessing Saudi money and petrodollars was a key strategy for investment bankers/money managers in the region. But today, things have changed. Regional SWFs now require a permanent local presence. How will the industry respond? Post-2008, fee slashing became the price fund managers had to pay to secure these investments. In the West, there's a narrative that OPEC’s cheap oil powered the 20th Century Industrial Revolution, marking the largest wealth transfer in history. What’s often overlooked is how it also created a significant knowledge gap. The question now is: how much of the world’s technology and expertise will be transferred to the region, and where will it be most impactful? #SWFs #MiddleEast #Investment #WealthTransfer #OPEC #KnowledgeGap #TechnologyTransfer #EconomicShift

Saudi Arabia's Public Investment Fund (PIF) has emerged as the world's most valuable sovereign wealth fund (SWF) brand in 2024, according to a report by Brand Finance.   The report surveyed over 4,400 entities, including companies, individuals, and media from the investment and financial sectors, to compile a list of 50 major asset management and SWF brands from around the world. Read more on https://lnkd.in/dG63WS5Z #ABCnews

What is the private credit market? Who are the lenders and what are they looking for? Which sectors are most suitable? Will the activity in the Middle East be sustained? What is the scale of the opportunity? Find out from the experts at The Gulf Capital Market Association (GCMA) Summit 2024! Secure your place https://lnkd.in/dKVwKskB Sam M. Karine Kheirallah Lisa Jaeger Yaser Moustafa Genane Maalouf White & Case LLP State Street Global Advisors Moody's Ratings HSBC Janus Henderson Investors #privatecredit #capitalmarkets #GCC #ECM #DCM #equities #Bonds #sukuk #UAE #KSA

Mizuho Bank and Mizuho International have signed an agreement with the Public Investment Fund (PIF) to boost capital market flows into Saudi Arabia at #FII8! This collaboration will enhance access to Japanese and Asian markets, diversify capital sources, and invest in sustainable development. Mizuho also signed an agreement with PIF to explore a new ETF in Japan focused on the booming Saudi equity market! 🚀 #Mizuho #PIF #Investment #SaudiArabia #SustainableDevelopment #FII8Announcements