Most recent/Bond comments/Ad
Most recent/Bond comments/Ad
Most recent
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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Abu Dhabi Islamic Bank plans to convert Barclays’ United Arab Emirates retail banking business by the end of this year and has seen its own net profit jump 22.5% in the second quarter, to Dh454.8m ($123.8m).
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The Central Bank of Bahrain has sold BD36m ($95.4m) of its monthly sukuk salam with fewer orders than last month’s issue.
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Alizz Islamic Bank has promoted its chief financial officer, Saif Al Yarabi, to general manager and chief operating officer. The appointment comes amid various hires to the firm.
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Luxembourg’s KBL Bankers returned as a primary dealer for the International Islamic Liquidity Management Corp’s seventh sukuk, as the company reissued its rolling $860m of three-month commercial paper on Thursday.
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Islamic Finance Advisory and Assurance Services (IFAAS) has signed a memorandum of understanding with the Bahrain Institute of Banking and Finance to develop Islamic finance training programmes and conduct research together.
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International law firm Watson, Farley & Williams plans to enter the Middle East for the first time by opening an office in Dubai.
