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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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Al Rajhi Malaysia, the subsidiary of the Saudi Arabia bank, has appointed Tariq Siddiqui as director of corporate and investment banking.
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Libya’s first ever Shariah-compliant real estate investment fund is set to be launched after receiving its license from the central bank.
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Saudi Electricity Co (SEC) returned to the sukuk market earlier than expected on Saturday, printing Sr4.5bn ($1.2bn) with its first floating rate Islamic deal.
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The International Islamic Liquidity Management Corporation (IILM) this week expanded its short term dollar sukuk programme with an $860m three month issue.
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The International Islamic Liquidity Management Corporation (IILM) this week expanded its short term dollar sukuk programme with an $860m three month issue.
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Al Bayan Group has signed a $70m Islamic financing facility with banks, its debut syndication in the regional debt market.