Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
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
More articles/Ad
More articles/Ad
More articles
-
Al Izz Islamic Bank, under formation as Oman's second dedicated Islamic bank, is set to launch an initial public offer of 40% of its shares. From September 22 and for the following month, Al Izz will offer 400,000,000 shares at 102 baisa (26.5 cents) each, with 100 baisa nominal value and two baisa premium. The bank hopes to raise OR40m ($104m) from the sale.
-
Turkish Islamic bank Albaraka Turk Katilim Bankasi will sign its one year murabaha facility at $450m- equivalent, after demand from Middle East lenders new to the credit saw the deal oversubscribed by 80%. Syndication has closed and the deal is set to sign imminently.
-
Malaysian mobile phone company Axiata Group priced a debut dim sum sukuk on Tuesday at the tight end of guidance.
-
The Securities Industry Development Corporation (SIDC), the training and development arm of the ( SC ), has appointed Azman Hisham Che Doi as its Chief Executive Officer with immediate effect.
-
Karachi, September 10, 2012: JCR-VIS Credit Rating Company Limited (JCR-VIS) has reaffirmed the Insurer Financial Strength rating of ACE Insurance Limited, Pakistan (ACE Pakistan) at 'AA - ' (Double A Minus) with 'Stable' Outlook.
-
Dubai-based Emirates NBD has appointed Aazar Ali Khwaja as its group treasurer. He reports to group CEO Rick Pudner and replaces the bank's former general manager of global markets and treasury John Eldredge, who left earlier this year after working at ENBD since August 2004.