Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
The country's curve has rallied since the US and Iran agreed on a peace MoU
Most of the demand came from local investors, as one banker expected
Price was 'way off' fair value, according to a source on the deal
Rare borrowers Burjeel Holdings and Avilease also marketing deals
More articles/Ad
More articles/Ad
More articles
-
Middle East investors would be willing and eager to buy hard currency Chinese sukuk. But mainland issuers wanting to sell renminbi denominated deals would struggle to place their deals with MENA accounts, according to panelists at Euromoney’s Islamic Finance Conference this week.
-
South Africa is turning its attention to the domestic sukuk market following its international debut last year, the head of the country’s debt issuance department told IFIS.
-
After a heady period of expansion, CIMB Bank’s merger and acquisition spree appears to be coming undone. The Malaysian bank is aggressively slashing costs and reducing its headcount. But those vilifying its expansion strategy are missing the big picture. Having established an impressive foothold outside of its home base, CIMB should not give up on its regional ambitions now.
-
Omani lender Bank Nizwa has proposed a strategic merger with United Finance Co, according to a press release from the Muscat Securities Market.
-
Islamic finance practitioners grappled with the question of how to open the US market to sukuk issuance and Islamic finance during a panel discussion at Euromoney’s Islamic Finance and Investment conference in London this week.
-
Tabreed, a United Arab Emirates utility company, has appointed Steve Ridlington as its new chief executive.