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Most recent/Bond comments/Ad
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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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Oman’s second Islamic bank, Alizz, has appointed its chief operating officer Jamal Darwiche as acting CEO. The bank has also made appointed Saif Al Yarabi as CFO and Pete Byrne as head of internal audit.
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Bahrain based investment house Arcapita is set to emerge from Chapter 11 bankruptcy this week and has plans to issue a $550m perpetual sukuk.
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Al Hilal will hold meetings next week with investors in the Middle East, Europe and Asia as it looks to issue a debut benchmark sukuk.
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The Muharraq Mall Company has signed a BD8m ($21m) Islamic financing from Ahli United Bank.
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Standard Chartered has appointed Christos Papadopoulos as chairman of Saadiq, the bank’s Islamic banking arm.
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The Central Bank of Oman has granted a banking operating license for Alizz Islamic Bank.