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EM Middle East

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MTN bankers: so hot right now


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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  • In 2013, several CEEMEA issuers roadshowed, mandated or even released price talk for a new Eurobond before postponing the deal. EuroWeek Emerging Markets recaps the borrowers that may be waiting for a window, and finds out whether they are still looking or have embarked on another funding plan.
  • Abu Dhabi real estate developer Saadiyat Development and Investment Company will begin offering Shariah-compliant home finance for buyers of villas on Saadiyat Island, the flagship project of Tourism Development and Investment Company.
  • Prospective international sukuk debutante Morocco is pushing ahead with plans to introduce Islamic banking for the first time, with parliament set to take a vote on the government’s draft bill as early as April.
  • The international sukuk drought is over — and how. Dubai Investments Park and the Export Import Bank of Malaysia secured tightly priced debuts this week amid a deluge of demand that spoke volumes about investors’ need for more Islamic issuance and a greater diversity of borrowers.
  • B Communications, a company that holds a stake in Israeli telecoms firm Bezeq, sold an increased debut high yield bond on Monday.
  • The international sukuk drought is over — and how. Dubai Investments Park and the Export Import Bank of Malaysia secured tightly priced debuts this week amid a deluge of demand that spoke volumes about investors’ need for more Islamic issuance and a greater diversity of borrowers.