Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
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
Kuwait joins PP party
The Iran war has led to a flurry of private trades from the Gulf
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Emirates National Oil Co is set to finally close a $1.5bn-equivalent loan today (Wednesday), having discussed it since the start of the year.
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Deutsche Bank is moving an emerging markets loan distribution and trading specialist to a senior job in Dubai, as it seeks to increase its activity in the region.
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Another bank has joined the procession of Middle East borrowers targeting perpetual deals, and picked banks for its first ever bond in that format.
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Saudi Arabia’s new stockmarket regime, under which qualified foreign investors can buy stocks listed on the Saudi Stock Exchange directly for the first time, began on Monday, June 15.
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Egypt’s requirement for energy and infrastructure financing continues to mount, say bankers, and could provide a pipeline of loan deals well into next year.
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Middle East bankers say borrowers have stepped up their loan push before Ramadan, with Abu Dhabi National Energy Company (Taqa) launching $3bn and ENOC’s close imminent.