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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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Saudi Arabia’s Power and Water Utility Company for Jubail and Yanbu (Marafiq) recently closed a SR2.5bn ($666m) debut sukuk.
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The Islamic Corporation for the Development of the Private Sector (ICD), the investment arm of the Islamic Development Bank (IsDB), has formed a strategic alliance with Zaman Bank, a conventional bank based in Kazakhstan.
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Egypt is set to begin roadshows in the GCC region as it looks to issue a first sovereign sukuk. At the same time the government boosted its budget with a $2.7bn conventional MTN.
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The Islamic Development Bank priced its largest ever sukuk this week at its tightest ever price — and with what leads said was its biggest and highest quality order book. The $1bn five year also prevailed in a week in which the rest of the EM new issue market was shuttered due to global volatility.
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The Islamic Bank of Thailand will issue as much as Bt5bn ($165.7m) of sukuk as part of a plan to improve its financial standing.
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Saudi-listed firm National Petrochemical Co (Petrochem) has signed a $600m two year Islamic financing deal with Riyad Bank.