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Tight price and strong book reported as market awaits geographic breakdown
Flood of AT1s expected to follow the first public trade from the Gulf in over two months
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
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Shares in Emaar Malls, the recently listed company that owns the Dubai Mall, surged on its first day of trading on Thursday, providing hope for bankers that had said the company's aftermarket performance could make or break Dubai's IPO reforms.
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The National Bank of Oman launched its debut offering on Tuesday morning. Market conditions have been less than ideal for the issuer, which opened books in a risk averse market.
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Qatar’s Ahli Bank has closed a $200m debut syndicated term loan facility, increasing the size of the deal after its initial amount was oversubscribed.
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Qatar’s Ahli Bank has closed a $200m debut syndicated term loan facility, increasing the size of the deal after its initial amount was oversubscribed.
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The National Bank of Oman launched its debut offering on Tuesday morning. Market conditions have been less than ideal for the issuer, which opened books in a risk averse market.
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The European Bank for Reconstruction and Development and the US Overseas Private Investment Corp have agreed to provide $25m loans each for a photovoltaic power plant in Jordan to help address the country’s energy shortages.