Middle East Bonds
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Local demand underpinned Dar Al Arkan’s $300m dollar sukuk on Wednesday as the Saudi property developer priced the three year note at 6%, tight to its outstanding curve. -
Qatari telecoms firm Ooredoo, formerly known as QTel, has picked banks for a debut dollar benchmark sukuk and has lined up roadshows for the deal.
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Dar Al Arkan, the Saudi property developer, is set to price a $300m three year dollar sukuk on Wednesday at around 6%, which investors said is tight to its outstanding curve.
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Aldar Properties plans to issue a benchmark sukuk — its first dollar bond since the financial crisis — and has lined up roadshows in Asia, the Middle East and Europe.
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Qatari telecoms firm Ooredoo, formerly known as QTel, has picked banks for a debut dollar benchmark sukuk and has lined up roadshows for the deal.
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Aldar Properties plans to issue a benchmark sukuk — its first dollar bond since the financial crisis — and has lined up roadshows in Asia, the Middle East and Europe.
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Dar Al Arkan, the Saudi property developer, priced a $300m three year dollar sukuk on Wednesday with a 6% yield, which investors said was tight to its outstanding curve.
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Barwa, a Qatari Islamic bank, has hired Arsalaan Ahmed as its head of capital financing, a new job at the bank.
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Dar Al Arkan, the Saudi property developer, has given initial price thoughts of 6% area for a three year dollar sukuk.
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Dar Al Arkan, the Saudi property developer, has given initial price thoughts of 6% area for a three year dollar sukuk.
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Dar Al Arkan, the Saudi property developer, is set to tap the sukuk market for the second time this year, having picked banks for a three year dollar deal.
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Dar Al Arkan is set to tap the sukuk market for the second time this year, having picked banks for a three year dollar deal.
