Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
Saudi Arabian banks are stocking up on capital to fund the country's huge investment plan
Near $1bn attrition from an order book on Tuesday shows buyers have limits
Another Dubai real estate firm priced fresh sukuk well inside its curve
After a very busy period since June began, the pipeline has thinned out
More articles/Ad
More articles/Ad
More articles
-
Dubai issued a $750m 15 year sukuk this week in a drive-by sale that bankers hailed as a smartly executed, well oversubscribed deal that could tempt other issuers to sell long dated sukuk. But even as the deal drew a $2.3bn book and traded firmly in the aftermarket, some investors had misgivings, Dan Alderson writes. For them, the deal was a sign that Dubai’s strong bond rally is nearing its end. -
Tharawat Holding Co, a Saudi investment company, has bought a majority stake (54%) in Dubai’s Quantum Investment Bank.
-
Saudi Telecom Company, one of the largest phone operators in the Gulf region, looks set to hit the sukuk market with a debut deal. Bankers said it has mandated JP Morgan, National Commercial Bank's investment arm NCB Capital as well as Standard Chartered to manage the sale.
-
Sri Lanaka based Amana Takaful has opened a new office in Ratnapura, the capital of Sabaragamuwa province, about 60 miles from the country’s capital Colombo.
-
Simon Putt, formerly BNP Paribas’s head of MENA DCM, has joined Saudi Arabian Al Rajhi Capital as head of DCM after over a year out of the market.
-
The Islamic Corporation for the Development of the Private Sector has put its backing behind an ijara leasing company aimed at helping small and medium sized enterprises (SMEs) in Palestine.
