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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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Saudi Arabia's Sadara Chemical Company has signed a Sr39.375bn ($10.5bn) 12 year export credit agency (ECA) facility in the second largest project financing for a Middle Eastern borrower in five years.
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Al Madina Insurance Company is preparing an initial public offering (IPO) during the fourth quarter as it aims to transform into a Shariah-compliant takaful firm.
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Qatari telecoms firm Ooredoo has withdrawn its bid for Vivendi's 53% stake in Maroc Telecom, leaving regional rival Etisalat as the sole bidder in the $6bn acquisition.
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The Islamic Development Bank (IsDB) has signed an agreement with Tunisia worth $1.2bn.
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Takaful Oman, the first Islamic insurance company in the Sultanate, is to be part owned by Oman National Investment Corporate.
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Qatari borrowers were out in force this week after a three firms signed loans from the Islamic and conventional markets.