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The country's curve has rallied since the US and Iran agreed on a peace MoU
Most of the demand came from local investors, as one banker expected
Price was 'way off' fair value, according to a source on the deal
Rare borrowers Burjeel Holdings and Avilease also marketing deals
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Financial regulators have given a further extension to Qatari Islamic bank Masraf Al Rayan, which is eyeing a takeover of the Islamic Bank of Britain.
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The government of Yemen has signed two financing agreements with the Islamic Development Bank (IsDB).
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Dubai's crown prince Hamdan Al Maktoum, chairman of Dubai Executive Council and president of the Hamdan Bin Mohammed e-University (HBMeU), has launched the Dubai Centre for Islamic Banking and Finance to increase the use of Islamic finance in Dubai.
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Bank Nizwa has signed a wakala (agency) agreement with Ahli Bank, through its Al Hilal Islamic arm, to develop interbank placement between the two firms.
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Cairo based financial group Naeem Holding has teamed up with IdealRatings to construct a real-time Shariah compliant Egyptian stock index.
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Emirates Islamic Bank has hired market veteran Yakub Bobat as its head of corporate banking.