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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Abu Dhabi Islamic Bank (ADIB) has closed a Dh302m ($82m) syndicated Islamic financing deal with the Emirates National Factory for Plastic Industries (ENPI).
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UAE based Ajman Bank has announced that it has appointed Mohammad Zaqout as the bank’s new chief executive officer. He will replace the former CEO Mohamed Amiri, who resigned earlier last week. No reasons were given for Amiri’s departure.
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Sharjah Islamic Bank (SIB) has issued its latest senior unsecured sukuk deal at a 2.95% profit rate after tightening substantially from initial price thoughts.
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Karachi, April 8, 2013: JCR-VIS Credit Rating Company Limited (JCR-VIS) has re-affirmed the entity ratings of Pak-Gulf Leasing Company Limited (PGL) at 'BBB+/A-3' (Triple B Plus/A-Three). Outlook on the ratings is 'Stable'.
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Karachi, April 8, 2013: JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has reaffirmed the medium to long-term entity rating of Universal Leather (Pvt.) Ltd. (ULPL) at ‘BBB+’ (Triple B Plus) and short-term rating at ‘A-3’ (A-Three). Outlook on the medium to long term rating is ‘Stable’.
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Karachi, April 08, 2013: JCR-VIS Credit Rating Company Limited has revised the Fund Stability Rating (FSR) of KASB Cash Fund (KCF) from ‘AA+(f)’ (Double A Plus(f)) to ‘AA(f)’ (Double A(f)).