Capital Markets

HKEX appoints Jalal Almarhoon as Managing Director and Chief Regional Representative for Middle East, operating from new Riyadh office to strengthen regional capital market connectivity.

The UAE and Saudi Arabia have set new benchmarks in the GCC IPO Market, with 2024 recording the highest-ever activity of 53 listings raising USD 12.9 billion across the region.

MENA capital markets recorded 10 IPOs raising $1.7B in Q4 2025, with Saudi Arabia leading activity through six listings totaling $561.6M.

BHM Capital has been appointed as Lead Manager for the Eurasian Development Bank’s UAE Dirham-denominated bond issuance to be listed on the Abu Dhabi Securities Exchange, strengthening the emirate’s position as a global debt capital markets hub.