Oil prices rise nearly $2 amid broad market optimism
Business Blog
The Islamic bond issue was launched with initial price guidance of 150 basis points over the 10-year mid-swap rate
If the deal goes ahead, Dar Al Arkan will be the first Saudi company to issue an international bond this year.
Asian shares find solace in hopes of smaller Trump tariff
Saudi Arabia's Islamic Development Bank has given initial price guidance for a senior, unsecured five-year U.S. dollar-denominated sukuk.
The sukuk could be issued as early as next week.