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36 articles
HSBC’s Gulf IPO Pipeline Tests Whether Market Calm Can Restart Listings
EconomyFunding
DUBAI IMPACT:

HSBC’s Gulf IPO Pipeline Tests Whether Market Calm Can Restart Listings

HSBC Menat chief executive Selim Kervanci said the bank has 45 M&A and IPO mandates across the Gulf and expects listing activity to resume in the fourth quarter. Companies in food, consumer, retail and technology sectors delayed rather than cancelled listing plans during the US-Iran conflict and wider regional lull, leaving a backlog that depends on Q4 valuation clarity to reopen. The open question is whether improved sentiment can translate into valuations strong enough for Gulf issuers to reopen equity capital markets.

June 20, 2026Read More
Festina Finance Secures Birchway Capital for a Pension-Core Upgrade Push
EconomyFunding
FUNDING GAP:

Festina Finance Secures Birchway Capital for a Pension-Core Upgrade Push

Festina Finance has secured a growth investment of more than €25 million from Birchway Capital, valuing the Danish pension-technology company at about €200 million. The company says its platforms support customers responsible for about 10 million pension policies and 3 million banking customers across Europe. The funding tests a core operating question for legacy pension administration: whether cloud-native modular systems can replace ageing infrastructure without weakening resilience or control.

June 19, 2026Read More