Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
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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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Kuwaiti telecoms firm Zain is looking to issue bonds and sukuk for the first time in its history – in what could also be the first sukuk deal from Kuwait in over 16 months.
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Bahrain’s Gulf Finance House has signed a $105m murabaha credit facility agreement with Kuwait Finance House’s Bahraini subsidiary.
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Oman’s MB UAE Investments and Al Madina Takaful are set to buy large stakes in Abu Dhabi takaful company Watania.
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The Central Bank of Bahrain has sold BD36m ($95.4m) of its monthly sukuk al salam, but demand for the paper has fallen in the last two months.
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The Saudi Public Transport (Saptco) has signed a three year SR64.2m ($17.1m) Islamic financing facility with the Saudi British Bank.
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National Bank of Abu Dhabi is set to embark on a hiring push as it makes its bid for the top in loans, bonds and sukuk origination.