Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
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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Dubai is working to establish an Islamic corporate governance and management standards centre, which will open in the second quarter of 2014.
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GEMS Education looks to have cut expectations for the size of its debut perpetual sukuk, with leads saying on Wednesday that order books were “oversubscribed for a $200m transaction”.
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Dubai-based schools operator GEMS Education gave 11.75%-12% initial price thoughts on Tuesday for its debut perpetual sukuk — a higher level than market participants predicted last week.
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Ajman Bank has asked its former chief executive officer Mohamed Amiri to lead the firm again, just seven months after accepting his resignation.
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Nooruddin family consortium has bought a 5.7% stake in Bahraini Islamic bank Gulf Finance House. -
Turkish participation banks look set to keep increasing market share but need fresh capital and funding to meet intensifying competition from conventional banks, said Standard & Poor’s on Tuesday. In particular, the sector could take a bigger step forward with help from foreign owners.
