Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
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Gulf investors 'will now look at every deal', whether sukuk or not
Demand from the Middle East for the sukuk was steady
Bond pricing for the mining company started about 43bp back of its parent
Sovereign wealth fund takes $2bn, as aimed at
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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. -
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.
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Qatari real estate company Ezdan Holding signed the first tranche of a $500m Islamic financing on Monday with banks.
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Bahrain’s Khaleeji Commercial and peer Bank Alkhair have decided not to pursue a merger after failing to agree on the structure and valuation of the deal.
