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Deal the first Kuwaiti Sharia-compliant transaction closed with Chinese banks
Tight spreads may tempt issuers even if all-in yields are higher than earlier in 2026
Only one Gulf issuer has printed a blue bond in the public market
Some say UAE central bank liquidity has prompted banks to retrench
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Giles Borten, co-head of EMEA corporate debt capital markets and sole head of EMEA leveraged finance at UBS, has left the bank, according to an internal memo seen by GlobalCapital.
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Omani financial Sohar Islamic has introduced construction finance to its selection of Shariah-compliant products.
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Amid this year's flurry of renminbi clearing bank designations to European and Asian cities, another region could soon be added to the scope of RMB internationalisation. Dubai, the second largest emirate in the United Arab Emirates (UAE), is on the way to becoming an RMB hub for the Middle East, and three sources have told GlobalRMB that the People’s Bank of China (PBoC) is set to pick a clearing bank.
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Matthew Welch will leave his position as general manager of Kuwait Finance House’s wealth management unit in early November.
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Europe’s loan market may have hit a summer lull, but amid sweltering temperatures the Gulf has this week seen big deals unveiled and others rumoured.
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There has been a greater volume of equity issuance from Israeli firms since the escalation of the conflict in Gaza than there had been over the rest of 2014.