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EM Middle East

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Sovereign bond print went ahead despite missile and drone attacks just before pricing
Books on the dollar deal opened just hours after Iran attacked the country
Israeli issuer called its previous tier two early last year
The investment vehicle, led by BlackRock, will issue more bonds in future
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  • FIG
    Turkey remains on course to meet debt maturities over the coming year, say analysts and investors, despite the country facing a range of problems that are dragging on its economy.
  • Dubai’s reputation in the loan market is riding high this week after Dubai Duty Free (DDF) used improving sentiment towards the emirate to slash the margins of its 2012 loan and property developer Abdulsalam Al Rafi Group became the first of three hotel operators in the market to sign a loan.
  • Kuwait Foreign Petroleum Co (Kufpec) has resolved the tax issues that have held its $750m loan in limbo for two months and is due to sign its loan by the end of this week.
  • Dubai Duty Free (DDF) has repriced the debut $1.75bn-equivalent Islamic and conventional loan that it signed last June.
  • Dubai’s reputation in the loan market is riding high this week after Dubai Duty Free (DDF) used improving sentiment towards the emirate to slash the margins of its 2012 loan and property developer Abdulsalam Al Rafi Group became the first of three hotel operators in the market to sign a loan.
  • Dubai property developer Abdulsalam Al Rafi Group has signed a Dh900m ($245m) club loan.