Middle East

Industry News

Abu Dhabi’s TAQA Mandates Banks for Dual-Tranche USD Green Bond Offering

Abu Dhabi National Energy Company (TAQA) has mandated banks and released initial price thoughts for a dual-tranche US dollar-denominated green bond offering. The Abu Dhabi-listed utility is marketing the long five-year tranche at around 130 basis points over US Treasuries. The senior unsecured notes will be issued under Rule 144A and Regulation S formats with listing planned on the London Stock Exchange.

Industry News

Rubio Claims Iran Exports No Oil via Hormuz Amid Ongoing Gulf Shipping Tensions

US Secretary of State Marco Rubio claimed that Iran is currently exporting no crude oil through the Strait of Hormuz amid strict US naval containment and sanctions. In response, Iranian Foreign Minister Abbas Araghchi blamed the US and Israel for maritime instability and called for diplomatic solutions. Regional disruptions have also prompted Saudi Arabia to postpone its Future Investment Initiative conference in Riyadh.

China–UAE News

China Expands Digital Network Influence Across Middle East and African Trade Corridors

An analysis published by the Middle East Institute highlights a strategic evolution in China's engagement across the Middle East and Africa. While traditional evaluations focus on physical assets like ports and pipelines, Chinese firms are increasingly establishing influence through operational and digital systems. The analysis notes that true leverage stems from participating in the governance of data, goods, and financial networks rather than outright infrastructure ownership.

Industry News

Saudi Arabia Postpones 10th Future Investment Initiative Summit to 2027

Saudi Arabia's Future Investment Initiative Institute has postponed the 10th edition of its flagship investment summit, originally scheduled for October 26–29, 2026, in Riyadh, until 2027. FII Institute CEO Princess Dr. Maha Bint Mishari Al Saud said the decision aims to ensure the milestone event delivers its full scale and international impact. The institute confirmed that existing registrations and partnerships remain valid, with revised dates to be announced soon.