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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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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.
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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.
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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.
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Qatari consumer goods retailer Al-Meera has signed Islamic financing facilities totalling QR900m ($247m).
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Saudi Hollandi Bank is set to issue SR1.4bn ($373m) of sukuk in a private offering to increase its capital.
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Hulusi Horozoglu, a senior capital markets official at Citi, is leaving the bank after 12 years. Market talk suggests the Dubai-based banker is joining a rival firm.