Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
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The Gulf kingdom is trying to tackle a very wide deficit and sky-high debt to GDP
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
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Emirates NBD, Dubai’s largest bank, has appointed Shayne Nelson as chief executive officer. He will replace Rick Pudner, who has led the bank for over seven years and is due to leave at the end of 2013.
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Oman’s Tilal Development, owner of the Muscat Grand Mall and part of Al Madina Real Estate, has received approval from the Capital Markets Authority (CMA) for a five-year OR50m ($130m) ijara sukuk.
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Nigeria, Africa’s most populated country, is set to launch its first ever sukuk.
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The Islamic Development Bank (IsDB) has signed a $300m Shariah-compliant financing for Egypt.
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The African Development Bank (AfDB) has signed a memorandum of understanding (MoU) with the Islamic Liquidity Management Corporation (IILM) in a bid to broaden its funding base.
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The General Council for Islamic Banks and Financial Institutions (Cibafi), a not-for-profit Islamic finance lobbying organisation based in Bahrain, has plans to expand beyond the GCC.