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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More articles/Ad
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Emaar will IPO its mall unit on the Dubai Financial Market after receiving a waiver on the restrictive requirements that have sent many competitors to other exchanges. Some of those competitors had hoped to snap up the Emaar Malls deal, which could be worth up to $2.5bn. -
Emirates Telecommunications Corporation (Etisalat) has mandated Deutsche Bank, Goldman Sachs International, HSBC and RBS to arrange a dollar and/or euro denominated Reg S bond.
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Dubai should push on with its plan to create a central Shariah board. Although the emirate has made good progress in striving to become the self-styled “centre for the Islamic economy”, the time is ripe for a breakthrough that would create a lasting legacy.
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Oman’s Alizz has hired Salaam Said Al Shaksy as its chief executive officer.
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Saudi Arabian fashion retailer AlHokair began meeting with local investors on Tuesday as it looks to issue a debut sukuk. AlHokair has asked Samba Capital to arrange the deal.
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The Central Bank of Bahrain has sold BD36m ($95.5m) of short term sukuk al salam at a tighter yield of 0.73% and with more orders than last month’s issue.
