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The country's curve has rallied since the US and Iran agreed on a peace MoU
Most of the demand came from local investors, as one banker expected
Price was 'way off' fair value, according to a source on the deal
Rare borrowers Burjeel Holdings and Avilease also marketing deals
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Karachi, October 2, 2012: JCR-VIS Credit Rating Company Ltd. has assigned initial entity ratings of 'A-/A-2' (Single A Minus/A-Two) to Aisha Steel Mills Limited (ASML). Outlook on the assigned rating is 'Stable'.
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Abu Dhabi airport construction joint venture TAV-CCC- Arabtec has signed a Dh4bn ($1.09bn) four year conventional and Islamic facility from five Middle Eastern banks.
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The Asian Development Bank (ADB) and Islamic Financial Services Board announced on Tuesday the passage of a new initiative to promote the development of Islamic finance among their member countries.
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Qatar Islamic Bank's return to the global sukuk market was heard attracting strong demand following the release of price guidance on Tuesday morning.
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The ( SC ) today announced the appointment of Ahmad Fairuz bin Zainol Abidin as Executive Director of Enforcement with effect from 1st October 2012. As Executive Director in charge of enforcement, Ahmad Fairuz will lead the SC's investigation, prosecution and civil enforcement teams.