Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
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Trade was the largest so far from the Dubai property developer
Turkish oil and gas firm offers a pickup to its parent and most other CEEMEA sukuk
Where the company's deal prices relative to its parent will be the topic of investor roadshows
Benin showed Islamic issuance is a viable market for sub-Saharan African sovereigns
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Dubai bonds and sukuk traded up on Monday, after United Arab Emirates authorities revealed that its recently rolled over debt was refinanced on better than expected terms.
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Bahrain’s General Council for Islamic Banks and Financial Institutions (Cibafi), has named Abdelilah Belatik as its secretary general. He began in the job on Sunday.
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Jamal Darwiche, acting chief executive officer of Alizz, has resigned. The Omani bank’s chief financial officer, Saif Al Yarabi, will take over as interim CEO until the bank finds a replacement.
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Saudi Arabia’s Southern Province Cement Co has signed a SR700m ($185.7m) Islamic financing with National Commercial Bank.
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Emaar Properties, the Dubai-based property developer, is set to raise up to Dh9bn ($2.45bn) through listing its shopping centre and retail subsidiary, a deal that will see the secondary offering of up to 25% of the company’s equity.
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Gulf Finance House will seek approval from its shareholders this month to issue $500m of convertible sukuk or other facilities.