The Gulf Capital
Market Association
The Gulf Capital Market Association (GCMA) is the premier financial industry association that speaks with a single voice for the region’s growing capital market.
Founded in 2010, GCMA harnesses the expertise and energy of its members to strengthen the capital markets needed to support economic growth and transformation in the Gulf region.
Membership
GCMA member firms are the leaders of the Gulf Capital Market.
Our members enjoy the benefits of membership while distinguishing themselves through their commitment to the region and its markets.
Market Updates
Market Archive – GCMA
- OQ learns from mistakes for latest IPO: IFR 19/11/2024Nearly 1.7bln shares are on offer by the parent representing 49% of the company
- Delivery Hero aims to raise up to $1.5 billion from Talabat’s Dubai IPO 19/11/2024Shares expected to begin trading on the Dubai Financial Market on December 10.
- Emirates NBD issues $500mln 5-year sustainability linked loan bond 19/11/2024A day earlier, the UAE lender mandated banks to issue notes under its $20 billion Euro Medium Term Note programme.
- Dubai-listed Mashreq appoints Philip Philippides as CEO of Mashreq Capital 18/11/2024Philippides will lead the expansion of the asset management business.
- Emirates NBD inks strategic $1.3bln Riyadh Air finance deal 18/11/2024The kingdom’s newest national airline, Riyadh Air is wholly owned by Saudi sovereign wealth fund PIF.
- UAE stock markets hit $1 trillion for the first time boosted by IPOs 18/11/2024Listings momentum will continue next year amid expansion of country’s economy, analysts say.
- Bahrain’s AlAbraaj Restaurants seeks to raise BHD9m in IPO 18/11/2024The offer period runs from November 24 to December 8, and the trading debut on the Bahrain Bourse is scheduled for December 19.
- Pure Harvest: On the road to IPO by 2028 18/11/2024Sky Kurtz, CEO of the controlled environment agriculture firm, said Morocco and Singapore are short-term expansion targets, with the USA and Mexico ‘an exciting opportunity’ for the long-term.
- Saudi Arabia, UAE lead MENA deal boom with $71bn in activity: EY 17/11/2024Saudi Arabia and the UAE led Gulf region merger and acquisition activity, which increased 7 percent in value to $71 billion in the first nine months of the year.
- Dubai investment bank SHUAA expects to issue convertible bonds in Q1 2025 14/11/2024Quarter-on-quarter losses narrowed as the investment bank continues debt restructuring efforts
GCMA Resources
Market
Data
GCMA makes available data on significant cross border and local issuances from the GCC region. More complete information is available to our members.
Monetary Authorities and Securities Market Regulators
Central banks and securities market authorities ensure the soundness and functioning of financial systems and the development of the GCC capital market.
Fiscal
Authorities
GCC governments support development of the region’s capital market by issuing bonds and sukuk both cross border and domestically.
Corporate Bond/
Sukuk Regulations
GCMA highlights significant laws, regulations and rules relevant to offering and listing fixed income instruments.