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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
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Saudi Arabian fashion retailer AlHokair is looking to issue sukuk of up to 10 years maturity and for an amount in line with its available capital.
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Law firm Norton Rose Fulbright has hired Gregory Man as a debt capital markets partner at its Dubai office.
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Saudi Electricity Co will aim for 4% pricing or tighter on a 10 year sukuk, said prospective investors on Tuesday as the utility company hit the road for a dollar benchmark deal.
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Giel-Jan Van Der Tol, who until recently served as general manager of wholesale banking at Emirates NBD in Dubai, has moved to oversee the bank’s Egypt operation.
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The Islamic Development Bank has approved $515.6m of financing in support of socio-economic development projects in member countries, as well as Muslim communities in non-member countries.
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The Republic of Indonesia missed its target on Tuesday as it sold just Rp461m ($41m) of project based sukuk. The finance ministry had hoped to auction Rp1.5tr of paper.