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EM Middle East

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Announcements could come as early as Monday, the two month anniversary of the last public GCC trades
Islamic investors have been a safe haven for Gulf issuers in the past, and can be now
The Iran war has led to a flurry of private trades from the Gulf
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  • United Arab Bank has completed and signed a $125m three year loan with a syndicate of six banks.
  • Abu Dhabi Commerical Bank — an A-rated CEEMEA stalwart — pulled a dollar bond mid-way through execution on Monday afternoon, leaving bankers and buyers questioning whether Middle East liquidity could be much weaker than they had thought.
  • Rival debt bankers like to pounce on pulled deals like coyotes on wounded possums. But emerging market syndicate officials would do well to look beyond the opportunity for point scoring to what Abu Dhabi Commercial Bank’s abortive trade really indicates about Middle East liquidity.
  • Middle Eastern banks have faced a tough environment over the last year, being forced to deal with the impact of a sharp decline in the oil price on a client base that considers few things to be more important. But the best banks are those that can find a way to stand out from the crowd when times are tough, and the banks below did just that. Asiamoney is pleased to announce its picks for the best banks in the Middle East for 2015.
  • Rival debt bankers like to pounce on pulled deals like coyotes onto wounded possums. But emerging market syndicate officials would do well to look beyond the opportunity for point scoring to what Abu Dhabi Commercial Bank’s abortive trade really indicates about Middle East liquidity.
  • Abu Dhabi Commerical Bank — an A-rated CEEMEA stalwart — pulled a dollar bond mid-way through execution on Monday afternoon, leaving bankers and buyers questioning whether Middle East liquidity could be much weaker than they had thought.