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The country's debt levels are very high, and weaker oil prices are a threat
The company is well known to emerging market corporate bond investors
Sukuk goes straight to final spread to avoid volatility
Deal seen as vote of confidence in UAE real estate
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OQ’s Base Industries IPO will be a local deal as slump in shares of E&P sister company was a “wake-up call” for international investors
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Sovereign's $2bn outing in February was a huge success
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◆ Austrian bank completes strategic capital refi ◆ Investor response show 'no consensus' on pricing for 'very esoteric name' ◆ New deal has lower funding cost than March's pulled attempt ◆ Other debut issuers show deeply subordinated capital remains desirable
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Saudi Arabia's wealth fund sold a 2% stake in telecoms utility
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After strong results, Delivery Hero is selling 15% of its Middle Eastern division in what will be one of the UAE’s biggest IPOs of the year
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LuLu Retail breaks demand records, as international investors take 30% of the book, including Vanguard and GIC