Latest news with #GIBCapital
Zawya
22-05-2025
- Business
- Zawya
GIB Capital closes deals in Q1 2025 with a total value exceeding several billion dollars
Among these achievements, the company acted as financial advisor, institutional bookrunner, and joint underwriter for the IPO of Umm Al-Qura, with a total offering size of SR2 billion, which was oversubscribed 241 times. The company also served as joint lead manager and joint bookrunner in the $1.25 billion sukuk issuance for the Saudi Arabian Mining Company (Ma'aden), which was 8 times oversubscribed, receiving strong demand from international investors. As part of its expansion into global debt markets, GIB Capital managed a $1.75 billion sukuk issuance for the Islamic Development Bank (IsDB) as joint lead manager and joint bookrunner, with participation from a wide range of global investors. GIB Capital also acted as joint lead manager and joint bookrunner for a $1 billion sukuk issuance by the Bahrain Petroleum Company (Bapco), which attracted over $4 billion in orders. In another notable transaction, the company served as joint lead manager in the $2 billion sukuk issuance by the Saudi Real Estate Refinance Company (SRC), which was oversubscribed more than six times, with active participation from international investors. These transactions reflect GIB Capital's ability to efficiently execute complex financial operations and reaffirm its role as a key partner in the development of capital markets and in enhancing their appeal to both local and global investors. © Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (
Saudi Gazette
22-05-2025
- Business
- Saudi Gazette
GIB Capital closes deals in Q1 2025 with a total value exceeding several billion dollars
GIB Capital, the investment arm of Gulf International Bank, continues to strengthen its position in the investment services sector by achieving a number of accomplishments during the first quarter of 2025. Among these achievements, the company acted as financial advisor, institutional bookrunner, and joint underwriter for the IPO of Umm Al-Qura, with a total offering size of SR2 billion, which was oversubscribed 241 times. The company also served as joint lead manager and joint bookrunner in the $1.25 billion sukuk issuance for the Saudi Arabian Mining Company (Ma'aden), which was 8 times oversubscribed, receiving strong demand from international investors. As part of its expansion into global debt markets, GIB Capital managed a $1.75 billion sukuk issuance for the Islamic Development Bank (IsDB) as joint lead manager and joint bookrunner, with participation from a wide range of global investors. GIB Capital also acted as joint lead manager and joint bookrunner for a $1 billion sukuk issuance by the Bahrain Petroleum Company (Bapco), which attracted over $4 billion in orders. In another notable transaction, the company served as joint lead manager in the $2 billion sukuk issuance by the Saudi Real Estate Refinance Company (SRC), which was oversubscribed more than six times, with active participation from international transactions reflect GIB Capital's ability to efficiently execute complex financial operations and reaffirm its role as a key partner in the development of capital markets and in enhancing their appeal to both local and global investors.
Biz Bahrain
30-04-2025
- Business
- Biz Bahrain
GIB Group and Stanhope Capital Group Announce Strategic Partnership to Offer Wealth Advisory Services in the GCC Region
Gulf International Bank Group ('GIB Group'), a pan-GCC universal banking group, and Stanhope Capital Group ('Stanhope'), one of the world's leading independent global wealth management firms, announced that they have entered into an agreement to offer wealth advisory services to institutional and qualified private clients in the GCC region. The agreement will offer clients a comprehensive suite of services including advisory, outsourced chief investment officer ('OCIO') and discretionary wealth advisory, expanding the GIB Group's existing offering, which includes commercial banking, retail, treasury services, asset management, investment banking and Sharia-compliant banking services. The partnership will enable the GIB Group to extend its suite of value-added services to clients to include asset and wealth management locally and on a global basis. This model, which combines a regional bank partnering to provide international wealth advisory services, is new to the region and will have the enhancement of local skillsets as an additional focus. For Stanhope Capital, whose core business is to offer wealth management and advisory services to its global client base, the agreement is an opportunity to further expand in the GCC, which has become one of the fastest growing regions for such services and to do so whilst capitalising on the GIB Group's established regional presence, local expertise and extensive network. The investment platform offered to clients in the region will cover all global asset classes, including equities, fixed income, hedge funds, private equity and real estate combined with a strong expertise in Sharia-compliant products. Alternative investments offering access to top-quartile buyout and venture capital managers will form a core part of the offering. Commenting on the partnership, Sara Abdulhadi, Chief Executive Officer of GIB B.S.C., said, 'This agreement is a significant step forward in the GIB Group's strategy to expand and diversify our offerings, with asset and wealth management as a key pillar of our growth. By leveraging our deep regional presence and trusted client relationships, alongside Stanhope Capital's global investment expertise and strong performance track record, we are creating a compelling wealth advisory proposition tailored for institutional and private clients in the GCC. The increasing demand for sophisticated investment solutions requires a partner that understands both local and international markets. Through this collaboration, we are well-positioned to provide our clients with a comprehensive, world-class investment platform that aligns with their evolving financial goals'. Osamah Shaker, Chief Executive of GIB Capital, said 'We are excited to join hands with Stanhope Capital. This collaboration aligns with our commitment to delivering superior investment advisory services and tailored solutions to our clients. By leveraging Stanhope Capital's global insights and expertise, combined with GIB Capital's strong footprint and track record in the region, we aim to offer enhanced value and support to our clients in achieving their financial goals. Daniel Pinto, Chairman & CEO Stanhope Capital Group, said 'We are delighted about entering into this important commercial agreement with the GIB Group, undoubtedly one of the most respected financial institutions in the region. The demand for asset and wealth management services in the GCC is immense and our ability to combine the GIB Group's access and expertise with our long-standing experience servicing the most demanding institutional and private clients globally will create something unique in the region'.
Zawya
29-04-2025
- Business
- Zawya
GIB Group and Stanhope Capital Group announce strategic partnership
Gulf International Bank Group ('GIB Group'), a pan-GCC universal banking group, and Stanhope Capital Group ('Stanhope'), one of the world's leading independent global wealth management firms, announced that they have entered into an agreement to offer wealth advisory services to institutional and qualified private clients in the GCC region. The agreement will offer clients a comprehensive suite of services including advisory, outsourced chief investment officer ('OCIO') and discretionary wealth advisory, expanding the GIB Group's existing offering, which includes commercial banking, retail, treasury services, asset management, investment banking and Sharia-compliant banking services. The partnership will enable the GIB Group to extend its suite of value-added services to clients to include asset and wealth management locally and on a global basis. This model, which combines a regional bank partnering to provide international wealth advisory services, is new to the region and will have the enhancement of local skillsets as an additional focus. For Stanhope Capital, whose core business is to offer wealth management and advisory services to its global client base, the agreement is an opportunity to further expand in the GCC, which has become one of the fastest growing regions for such services and to do so whilst capitalising on the GIB Group's established regional presence, local expertise and extensive network. The investment platform offered to clients in the region will cover all global asset classes, including equities, fixed income, hedge funds, private equity and real estate combined with a strong expertise in Sharia-compliant products. Alternative investments offering access to top-quartile buyout and venture capital managers will form a core part of the offering. Commenting on the partnership, Sara Abdulhadi, Chief Executive Officer of GIB B.S.C., said,"This agreement is a significant step forward in the GIB Group's strategy to expand and diversify our offerings, with asset and wealth management as a key pillar of our growth. By leveraging our deep regional presence and trusted client relationships, alongside Stanhope Capital's global investment expertise and strong performance track record, we are creating a compelling wealth advisory proposition tailored for institutional and private clients in the GCC. The increasing demand for sophisticated investment solutions requires a partner that understands both local and international markets. Through this collaboration, we are well-positioned to provide our clients with a comprehensive, world-class investment platform that aligns with their evolving financial goals'. Osamah Shaker, Chief Executive of GIB Capital, said 'We are excited to join hands with Stanhope Capital. This collaboration aligns with our commitment to delivering superior investment advisory services and tailored solutions to our clients. By leveraging Stanhope Capital's global insights and expertise, combined with GIB Capital's strong footprint and track record in the region, we aim to offer enhanced value and support to our clients in achieving their financial goals. Daniel Pinto, Chairman & CEO Stanhope Capital Group, said 'We are delighted about entering into this important commercial agreement with the GIB Group, undoubtedly one of the most respected financial institutions in the region. The demand for asset and wealth management services in the GCC is immense and our ability to combine the GIB Group's access and expertise with our long-standing experience servicing the most demanding institutional and private clients globally will create something unique in the region'. For more information, please contact: Zahraa Taher Managing Director FinMark Communications Email: ztaher@
Daily Tribune
20-03-2025
- Business
- Daily Tribune
Gulf International Bank Group wins Seven awards
Gulf International Bank (GIB) won seven prestigious awards at the EMEA Finance Middle East Banking Awards 2024. These awards highlight the best commercial, investment and Islamic banks across the Middle East region, as well as brokers and asset managers. The GIB Group secured wins in multiple categories, reflecting its leadership in corporate and investment banking: Best Loan House – Saudi Arabia, Best Bank – Bahrain, Best Loan House – Bahrain, Best Foreign Bank – Oman, Best Loan House – Oman. In addition, GIB Capital was awarded Best Local Investment Bank and Best Debt House. GIB's success in 2024 was driven by its strategic growth, commitment to innovation, and focus on sustainable and responsible banking. The Bank has expanded its regional presence by opening a branch in Oman, enhanced its digital banking capabilities and introduced customised client-focused financial solutions. GIB continues to reinforce its ESG initiatives, aligning its operations with sustainable development goals and enabling clients to thrive on strengthening their role as a key player in economic diversification and sustainable financing across the region. GIB Capital has been providing a range of innovative and customised financial and investment banking products and solutions, including debt capital markets, asset management, capital markets advisory, mergers and acquisitions, debt advisory and brokerage services.
