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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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Azerbaijan’s Muganbank has signed a $3m Shariah-compliant financing facility with the Islamic Corporation for the Development of the Private Sector (ICD) – an arm of the Islamic Development Bank.
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Airport retailer Dubai Duty Free has signed a $750m facility comprising conventional and Islamic facilities.
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Tilal Development, owner of the Muscat Grand Mall and part of Al Madina Real Estate has completed a OR50m ($130m) ijara sukuk – the first corporate sukuk in Oman.
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Kuwait Finance House (KFH) has signed a memorandum of understanding (MoU) for a five year $115m Shariah-compliant financing facility for Foulath, a Bahrain based iron and steel manufacturer.
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International law firm Taylor Wessing has hired Habib Ullah as the firm’s head of banking at its Dubai office.
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Loans bankers are waiting by their phones for the call from Abu Dhabi telecoms firm Etisalat to finalise a loan of up to $6bn, after it announced on Monday evening that it had signed an agreement to buy 53% of Maroc Telecom from Vivendi.