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Two more follow Darwish and Safa leaving last month
Peace agreement will be needed to restore normal enthusiasm
Higher dollar yields dampen some of the callable demand
The duo were the first AT1s from the GCC since Emirates NBD's reopener in April
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The property company drew a book over four times the issue size
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Bahraini company shows off high sukuk demand
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Abu Dhabi real estate firm has crunched pricing by 25bp so far
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Regional Islamic investors have plenty of cash and are piling into sukuk
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Books hit over $27bn as investors rushed in to put their money to work
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The real estate company will have to offer a chunky premium to other recent issuers from Abu Dhabi