Prince Sultan University has announced it has collaborated with Red Hat Academy, the world’s leading provider of open source solutions, to create the King Salman Education for Employment Program Red Hat Academy.
Red Hat Academy is an open source, web-deployed and web-managed education program that is designed to provide turnkey curriculum materials to academic institutions to start and sustain an open source and Linux curriculum program.
The King Salman Education for Employment Program at Prince Sultan University supports recent college graduates who need more practical training in order to compete in today’s job market.
Last month, Riyadh Gov. Prince Faisal bin Bandar laid the cornerstone for the center’s new building at Prince Sultan University. This center is seen as an important national development project that contributes to building a generation capable of achieving the objectives of economic development in the Kingdom.
Red Hat Academy turns academic institutions into centers for enterprise-ready talent by outfitting them with training. For more than a decade, Red Hat Academy has supplied high schools and institutions of higher education worldwide that have the required technology and support environments, with hands-on instruction, curriculum, labs, performance-based testing, and instructor support. Red Hat Academy’s web-based curriculum helps create competencies through hands-on, performance-based learning and testing.
Ibrahim Al-Ghemlas, director of the Community Services and Continuing Education Center at Prince Sultan University said: “Red Hat is a multinational software company providing open source solutions to the enterprise community. They will be collaborating with us to offer multiple certification programs in System Administration and OpenStack Administration. Red Hat is an exciting addition to our King Salman Education for Employment academies and we look forward to a long and beneficial collaboration with Red Hat.”
Ken Goetz, vice president, Global Training and Certification, Red Hat, said: “We’re pleased to have Prince Sultan University join us in this growing Red Hat Academy Program… To help students learn about Red Hat technologies and solutions and establish in-demand open source skills, we work closely with a variety of educational institutions. We look forward to continued collaboration with Prince Sultan University as an important member of Red Hat’s training and certification ecosystem.”
Prince Sultan University joins Red Hat Academy
Prince Sultan University joins Red Hat Academy
GIB Capital strengthens regional leadership with $2.1bn ICM transactions
GIB Capital, one of the region’s leading financial and investment banking advisers, has announced the successful execution of three major international capital markets transactions in November, underscoring the firm’s growing influence and distribution strength across global debt markets.
In a single month, GIB Capital acted in joint lead manager roles across three landmark issuances — supporting clients in the banking, aviation and government sectors — and attracting an aggregate of more than $4.6 billion in investor demand from the Middle East, Europe, Asia, the UK and the US. These transactions, which collectively raised over $2.1 billion, further demonstrate the confidence international investors place in GCC issuers and the strategic value GIB Capital brings to each mandate.
The firm began the month by serving as joint global coordinator, joint lead manager and bookrunner on the inaugural ICM issuance for GIB — Saudi Arabia. The $500 million perpetual non-call 5.5-year additional Tier 1 instrument was priced on Nov. 5 and generated an impressive $1.3 billion in orders, achieving a 2.6-times oversubscribed orderbook. The strong participation from regional, UK, Asian and European investors reflect the bank’s robust credit fundamentals and GIB Capital’s ability to deliver global reach for its clients.
On the same day, GIB Capital also acted as joint lead manager and bookrunner for AviLease’s first-ever ICM transaction — an $850 million bond offering that attracted exceptionally strong interest, closing in at over 3.7 times oversubscribed orderbook. The transaction drew participation from a diverse pool of regional, US, UK, European and Asian investors, highlighting the appeal to Saudi Arabia’s fastest-growing aviation leasing company.
Further reinforcing its leadership in Islamic finance, GIB Capital concluded the month as joint lead manager and bookrunner on the government of Sharjah’s $750 million sukuk issuance, priced on Nov. 18. The transaction secured $2 billion in orders, representing a 2.6-times oversubscribed orderbook, with interest coming primarily from regional, UK and European accounts. This issuance marked government of Sharjah’s first US dollar public issuance in 2025 and benefited from strong investor confidence toward Sharjah’s credit story and in GIB Capital’s advisory expertise.
Commenting on the milestone month, Osamah Mohammed Shaker, CEO of GIB Capital, said: “These three successful issuances reflect the depth of trust our clients place in GIB Capital and the strength of our distribution network across global markets. The robust oversubscriptions and high-quality investor participation are clear indicators of the continued confidence in GCC credit stories and the resilience of the region’s economic outlook. We remain committed to delivering best-in-class execution, innovative structuring, and strategic advisory that enable our clients to access international liquidity efficiently and competitively.”
With a growing portfolio of successful mandates, GIB Capital continues to expand its presence as a leading provider of debt capital markets solutions, capital markets advisory, mergers and acquisitions, debt advisory, asset management and brokerage services. Combining deep regional insight with global investor connectivity, the firm remains committed to supporting clients across sectors with innovative, tailored, and high-impact financial solutions.
