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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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International law firm Watson, Farley & Williams plans to enter the Middle East for the first time by opening an office in Dubai.
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Some eight to 10 banks are expected to lead Chinese company Bright Food (Group)’s $800m loan, which will help fund its acquisition of a majority stake in Israel’s Tnuva.
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Oman Trading International, the Dubai-based energy commodities trader, has signed a $1.05bn three year borrowing base refinancing facility.
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Some eight to 10 banks are expected to lead Chinese company Bright Food (Group)’s $800m loan, which will help fund its acquisition of a majority stake in Israel’s Tnuva.
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Sudan’s need to raise money outside of its domestic market has been illustrated this week, with the sanctions-hit country looking to sign a $50m loan with the Kuwait Fund for Arab Economic Development to finance development projects in the private sector.
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Dubai World subsidiary DP World has signed a $3bn loan deal that comprises conventional and Islamic tranches, replacing its previous $1bn revolving credit facility.