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Trade was the largest so far from the Dubai property developer
Turkish oil and gas firm offers a pickup to its parent and most other CEEMEA sukuk
Where the company's deal prices relative to its parent will be the topic of investor roadshows
Benin showed Islamic issuance is a viable market for sub-Saharan African sovereigns
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Karachi, May 30, 2012: JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has placed the Management Quality Rating of IGI Funds Limited (IGI Funds) of ‘AM2-’ (AM-Two Minus) under ‘Rating Watch - Developing’ status.
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Renewable energy firm Qatar Solar Technologies (QSTec) has signed a $1bn facility with a domestic bank to finance the construction of a manufacturing plant.
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Saudi Arabia's Dar Al-Arkan Real Estate Development Company (DAAR) has appointed Abdul Rahman al-Harkan as director general. He was previously a board member at Alimna Bank, an Islamic retail and corporate bank in the Kingdom.
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Karachi, May 29, 2012: JCR-VIS Credit Rating Company Limited (JCR-VIS) has assigned medium to long-term and short-term entity ratings of ‘A’ (Single A) and ‘A-2’ (A two) respectively, to Nishat Chunain Power Limited (NCPL). The outlook on the medium to long-term rating is ‘Stable’.
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