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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Barwa Bank will seek a credit rating in the second half of the year as it plans a possible sukuk issue. According to a report in UAE newspaper The National that sources Bloomberg, Barwa is looking to take advantage of recent low borrowing costs and said it has also been mandated by borrowers outside Qatar to help arrange two sukuk this quarter.
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A tribunal has thrown out allegations of unfair dismissal, detrimental treatment and discrimination brought against Gatehouse Bank and senior employees by its former chief operating officer, James Bagshawe, after judging them to be not well founded.
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JCR-VIS assigns local currency ratings on a national scale. Local currency rating on a national scale assumes the national government to be least risky, which is therefore implicitly assigned a 'کAAA' rating. These ratings represent an entity's ability to meet its domestic obligations in the local currency.
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JCR-VIS assigns local currency ratings on a national scale. Local currency rating on a national scale assumes the national government to be least risky, which is therefore implicitly assigned a 'کAAA' rating. These ratings represent an entity's ability to meet its domestic obligations in the local currency.
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Bangladesh is to take $2.2bn in loans for fuel imports this year from the Islamic Development Bank’s lending arm – slightly up from the recently announced $2bn, according to Bangladeshi newspaper The Daily Star.
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Bahrain Islamic Bank has reported a BD36m ($95.7m) net loss for 2012 – more than double its BD17m loss in 2011. The bank attributed this to an increase in its provisions portfolio by BD 41m, but pointed out that its fourth quarter loss was only BD15.3m – down from the BD21m it lost in the fourth quarter of 2011.