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G7 to release 100 million barrels from energy stocks through IEA
03.10.2026

G7 to release 100 million barrels from energy stocks through IEA

PARIS, 2nd October, 2026 (WAM) - The Group of Seven (G7) will begin a coordinated release of 100 million barrels from emergency oil and diesel stocks through the International Energy Agency (IEA) to support stability in global energy markets, according to a joint statement issued by G7 leaders on Friday. elysee.fr"We will implement our commitments with a coordinated release through the IEA of 100 million barrels (MB) to begin immediately over 4 months, including a frontloaded substantial diesel release within the first 20 days by G7 members and partners," said the statement, published by the office of French President Emmanuel Macron.The official statement confirms that the 100 million barrels are not all diesel; the release covers emergency energy stocks, with a substantial amount of diesel to be released early in the four-month period. The Élysée separately described the measure as a release of strategic diesel and crude oil stocks of up to 100 million barrels.

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ADX unveils new investor relations guide to strengthen issuer-investor engagement
29.09.2026

ADX unveils new investor relations guide to strengthen issuer-investor engagement

ABU DHABI, 28th September, 2026 (WAM) -- The Abu Dhabi Securities Exchange (ADX), one of the fastest-growing exchange groups in the Middle East, today launched an updated and expanded "Investor Relations Guide", a practical operational manual designed for management teams and boards to create long-term value and deepen investor trust.Ghannam Al Mazouei, Chairman of the ADX Group; Abdulla Salem AlNuaimi, Group Chief Executive Officer of the ADX; dignitaries from ADX-listed companies; and CEOs from regional exchanges attended the launch.The updated publication addresses the evolving global market expectations by establishing a clear roadmap from baseline compliance to strategic engagement. The guide includes practical frameworks, actionable checklists, and templates issuers can adapt to their needs. These tools will help strengthen Abu Dhabi's dynamic capital markets.Clear, consistent, and credible issuer communications directly improve market liquidity, support fair share price valuations, and attract long-term institutional capital. By expanding on its 2022 guidance, the ADX aims to deepen investor understanding, build lasting market trust, and improve the overall quality of information flowing through the exchange.To encourage adoption, the ADX will celebrate top-performing issuers each year for upholding both the mandatory standards and best practices. Companies that fail to meet the baseline rules face formal warnings or fines added to their annual listing renewal fees, with penalty amounts set by exchange management based on the violation.Abdulla Salem Al Nuaimi, Group Chief Executive Officer of the ADX, said, "Abu Dhabi's capital markets are increasingly attracting international capital, raising the bar for high-quality market engagement. This guide gives our issuers a practical playbook they can use right away to move from routine compliance to strategic investor relations that unlock long-term value. By strengthening our market ecosystem and building lasting investor trust, the ADX continues to support the long-term diversification goals of Abu Dhabi's Economic Vision 2030."In addition, ADX has been in active discussions with key partners to introduce a dedicated UAE National Investor Relations Program to develop the next generation of Emirati IR professionals. The program will aim to equip participants with the expertise and global best practices to engage effectively with investors, strengthen issuer-investor dialogue, and reinforce the transparency, competitiveness, and long-term development of the UAE's capital markets.The manual applies to all companies listed on the Market and Growth Market and sets out six baseline operational requirements. Listed companies must appoint a dedicated investor relations officer, maintain a dedicated investor relations webpage, publish investor presentations, disclose material information on time under the exchange's listing rules, and deliver periodic and annual reports.Beyond these baseline rules, the manual outlines 12 practical areas of investor relations. It covers how to build an equity story, manage earnings calls, handle crises, report ESG data, navigate regulations, and guide a company through the IPO process. Listed companies will be able to build understanding and confidence that can encourage greater interest and trading activity in their shares.

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Sharjah Islamic Bank issues $500 million Sukuk amid strong investor demand
27.09.2026

Sharjah Islamic Bank issues $500 million Sukuk amid strong investor demand

SHARJAH, 27th September, 2026 (WAM) -- Sharjah Islamic Bank (SIB) has successfully issued a US$500 million five-year Sukuk amid strong investor demand.The issuance attracted an order book of US$1.3 billion, representing 2.6 times the issue size.The Sukuk was priced at a final yield of 5.85 percent, equivalent to a spread of 105 bps over five-year US Treasuries, marking SIB's thirteenth Sukuk issuance since it entered the capital markets in 2006, reaffirming its continued presence in international Sukuk markets and its experience in executing successful issuances across different market cycles.Mohamed Abdalla, CEO of Sharjah Islamic Bank, said the successful issuance reflects investor confidence in the bank's financial performance and long-term strategy.He noted that capital market activities are a key component of SIB's funding strategy, supporting its financing plans and strengthening its ability to achieve sustainable growth."We continue to build on SIB's presence in international capital markets, supported by solid financial fundamentals and a disciplined approach to balance sheet and liquidity management. This strengthens our ability to achieve sustainable growth and maintain our position as a trusted issuer in international Sukuk markets," he added.Ahmed Saad, Deputy CEO of Sharjah Islamic Bank, said the US$1.3 billion order book, representing 2.6 times the issue size, reflects strong investor demand for the issuance and confirms investors' confidence in the bank and its ability to execute successful issuances in international capital markets.He added that the successful issuance strengthens the bank's flexibility in managing its funding needs and diversifying its sources of liquidity, supporting its long-term growth plans.

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