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
-
Large blue-chip companies in the Gulf find themselves overbanked, but mid-size corporates running up against limits to their banking lines are in need of other sources of funding. Massoud Janekeh, head of Islamic capital markets at Bank of London and The Middle East (BLME), spoke to IFIS about the outlook for shariah-compliant securitization that could allow mid-sized conventional and Islamic borrowers to issue ABS and commercial paper.
-
Gatehouse CEO Henry Thompson spoke to IFIS about the bank's wealth management strategy, its expansion beyond the UK and the growth of the global sukuk market.
-
Jordan has introduced specific regulations for sukuk issuance two years after the country’s parliament first passed its sukuk law, and hopes the new rules will draw public and private sector borrowers to market
-
Saudi-Emirati Integrated Transport (Seitco) has signed a SR280m ($74.6m) Islamic financing facility with Saudi Islamic bank Al Rajhi.
-
Qatar International Islamic Bank has hired Ehab Eshehawi as its chief operating officer.
-
Saudi Arabia moved this week to open up its $530bn stock market to international investors in what bankers said could be a game-changer for IPOs and other capital market deals from the country. National Commercial Bank, a lender with $100bn of assets, could be the one of the first listings accessible to foreign buyers, but market participants are waiting for more details of the reforms before starting the celebrations.