Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
Borrowing costs for Gulf issuers are already falling since Sunday's announcement
Bank and corporate issuance from the country has surged in 2026
Bank's $1bn sukuk continues the AT1 deluge despite resumption of air strikes
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Four Gulf borrowers have provided a mixed bag of deals this week. While Taqa and Noor sold solid new bonds, this week’s debut issuers did not fare so well. Omantel traded wildly on the break and unrated Qatari conglomerate Mannai fared worse of all, pulling its deal. -
Jamal Al Kishi has been appointed chief country office for the United Arab Emirates and general manager of Deutsche Bank's Dubai (DIFC) branch.
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United Arab Emirates based Noor Bank has launched its five year Reg S sukuk at 165bp over mid-swaps, with order books over $1bn, including joint lead manager interest.
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After the Qatari sovereign launched its $12bn triple tranche return to the bond market last week, Mannai Corporate, a conglomerate from the country, is following it into the market this week. Mannai is looking to print a senior perpetual non-call five Reg S only dollar bond. It will be the company’s debut in the bond market.
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Omantel has released price guidance for its long five and 10 year dual tranche bond at a level one EM trader in London is calling “real cheap” at 100bp over the Oman sovereign curve.
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Abu Dhabi National Energy Company (Taqa) has opened books on a dual tranche deal, its first since 2016, which bankers say is an encouraging sign that markets are normalising after a choppy week driven by geopolitical risk.
