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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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Dubai Islamic Bank and its majority owned subsidiary Tamweel said on Wednesday that they will conduct a series of fixed income investor meetings in Asia, United Arab Emirates and Europe. These will be arranged by Citi, Standard Chartered and DIB itself, with the schedule still to be announced.
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The ( SC ) warns the public about bogus letters with the SC's logo being used in an illegal investment scheme.
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The ( SC ) has finalised the eligibility requirements for private retirement scheme (PRS) providers and eligible firms can now make submissions to be approved as PRS providers.
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The Securities Industry Development Corporation (SIDC), the training and education arm of the , is calling on college and university students to participate in a nationwide Intervarsity Financial Literacy Movie (I-FiLM) Competition, which offers cash prizes of up to RM3,000.
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Standard Chartered Saadiq and Tamkeen have introduced an enterprise finance scheme for Standard Chartered customers in Bahrain's market. Through the scheme, Tamkeen will offer the bank a 50% guarantee for the total financing amount as well as subsidise 50% of the profit payments due from the benefitting enterprises. The scheme offers Shariah compliant financing for enterprises incorporated in Bahrain.
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Cairo-based AT Financial index of Shariah compliant Egyptian stocks surged higher on Tuesday by just over 5.3%, with parliamentary elections in their second day and proceeding peacefully. The index was quoted back up at 370.6, having dropped to 339.4 on the same day a week earlier.