Michael Grifferty’s Post

Only 2 weeks until the 2024 Gulf Capital Market Summit! The Gulf Capital Market Association (GCMA) will gather leading investors, issuers, market practitioners and officials to debate the key issues that will define the future of our markets. Tuesday, November 26, 2024 at Address Sky View, Dubai. Attend and learn! What is the outlook for GCC fixed income? How will the region's asset management industry evolve? What is the future of private credit in the region? How will derivatives contribute to the market's development? Don't miss the opportunity! Check out the agenda secure your place https://lnkd.in/dKVwKskB Thanks to our Gold Sponsors State Street Global Advisors S&P Global Ratings First Abu Dhabi Bank (FAB) Emirates NBD and Silver Sponsors Fitch Ratings Moody's Ratings #capitalmarkets #bonds #sukuk #equities #assetmanagement #privatecredit #derivatives #ratings #GCC #Islamicfinance #ESG #ECM #DCM

Only 2 weeks until the 2024 Gulf Capital Market Summit! The Gulf Capital Market Association (GCMA) will gather leading investors, issuers, market practitioners and officials to debate the key issues that will define the future of our markets. Tuesday, November 26, 2024 at Address Sky View, Dubai. Attend and learn! What is the outlook for GCC fixed income? How will the region's asset management industry evolve? What are the opportunities for private credit in the region? How will derivatives contribute to the market's development? Don't miss the opportunity! Check out the agenda and secure your place https://lnkd.in/gMw82Rj5 Thanks to our Gold Sponsors State Street Global Advisors S&P Global Ratings First Abu Dhabi Bank (FAB) Emirates NBD and Silver Sponsors Fitch Ratings Moody's Ratings #capitalmarkets #bonds #sukuk #equities #assetmanagement #privatecredit #derivatives #ratings #GCC #Islamicfinance #ESG #ECM #DCM

The Gulf Capital Market Association (GCMA) Summit 2024 is just around the corner! Looking forward to hearing from a great lineup of capital market experts! Click to learn more and reserve your place: https://lnkd.in/dKVwKskB Thanks to our Gold Sponsors Emirates NBD, First Abu Dhabi Bank (FAB) S&P Global Ratings and State Street Global Advisors and our Silver Sponsors Fitch Ratings and Moody's Ratings! Avie Shuai Charles Féghali Salman Saleem Zahabia Gupta Nick Taylor #capitalmarkets #islamicfinance #sukuk #mideastdcm #debtcapitalmarkets #islamicfinance #emergingmarkets #capitalmarkets #gcc #sustainablefinance

Abu Dhabi Securities Exchange (#ADX) Commences Global Investor Roadshow in #NewYork  #UAE #AbuDhabi  Abu Dhabi Securities Exchange  Morgan Stanley 

🌟 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

How do derivatives help allocate capital efficiently, facilitate capital flows and enable portfolio diversification? Which instruments will help drive liquidity in the local markets? Find out from our expert panel at the The Gulf Capital Market Association (GCMA) Summit 2024! Secure your place https://lnkd.in/dKVwKskB David Ezra Adam Kamyar Jamie Lear Eric Salomons Wolfgang ICE Winton Gulf Mercantile Exchange (GME) Dubai Financial Market Institute of International Finance #derivatives #capitalmarkets #GCC #ECM #DCM #equities #ETF #Bonds #sukuk #UAE #KSA #futures #options

The first-ever international edition of the Capital Markets Forum offers global investors and issuers the unique opportunity to engage and collaborate with the thriving Saudi Capital Market. #CMF24

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

Quasi-Sovereign/GRE Bond Deal of the Year ⭐ Congratulations to ALDAR (Mubadala) on winning the 2024 Bonds, Loans & Sukuk Middle East AWARD for Quasi-Sovereign/GRE Bond Deal of the Year. This was Mubadala’s first ever green issuance. Order book was more than 8.6x oversubscribed peaking at more than $6bn USD, with demand from local, European, Asian and American accounts. This bond issuance emphasised Mubadala’s commitment to sustainable investing in the run up to Cop28. ALDAR (Mubadala) Abu Dhabi Commercial Bank ING Standard Chartered First Abu Dhabi Bank (FAB) Deutsche Bank J.P. Morgan Crédit Agricole CIB Mizuho HSBC Allen & Overy Clifford Chance Aveen Prasad Feruz Zokirov Rabeeh Moudallal #GFCMediaGroup #BondsLoansAwards #BondsLoans #Sukuk #FinancialMarkets #ESGFinance

I keep repeating that Middle East and GCC was, is and will be the place for every business to be in. The sovereign wealth funds have started to flex their muscles in a never seen way before reiterating their dominance in the investment and finance sector. This article highlights how these wealth funds are smartly transitioning their economies away from the hydrocarbons and helping the region to diversify. For the next upcoming 2 decades Middle East and GCC are going to be the region to have one of the fastest economic growth.