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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Gulf Finance House (GFH), a Bahraini Islamic investment bank, has elected its vice chairman Ahmed Al-Mutawa to chairman of the board. He will replace Essam Janahi, who resigned last week. -
Khaleeji Commercial Bank (KHCB) has hired Khalil Ismaeel Al Meer as its chief executive officer. He will fill responsibilities previously held by Ebrahim Hussain, who resigned last year.
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FWU Group has closed the first $20m tranche of a $100m sukuk al wakala programme, with an oversubscribed order book.
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The sukuk market returned to form this week, sweeping US shutdown concerns aside with two popular and tightly priced benchmark dollar deals.
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The Arabian Company for Water and Power Development (Acwa) plans to issue an $800m debut sukuk in the fourth quarter, ahead of an initial public offering next year.
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Oromia International Bank has launched an Islamic (interest free) banking services business, the first of its kind in Ethopia.
