A hearing in Sharjah on the validity of the sukuk under UAE law is scheduled for Dec. 25.
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Saudi Arabia's stock market edged up to technical resistance on Thurs.
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Saudi Arabia's stock market was firm on Wednesday after news that senior prince Miteb bin Abdullah had been freed by authorities.
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Here are some factors that may affect Middle East stock markets on Wednesday.
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The bond tap brings the October sukuk issue to a total of $4.54bln
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Sebastian Frederiks is the new head of global markets & financial institutions and Wael Alashqar is the new head of financial institutions, Middle East & North Africa (Mena)
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