Business Blog

Emirate of Ajman plans debut international bond

Ajman, which is unrated, is looking to obtain a credit rating and aims to issue its debut international bonds in the first half of next year
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UAE s Emirates Steel refinances $650mln of debt with new loan, sukuk sources

It hired BNP Paribas to coordinate a $400mln sharia-compliant loan financing
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Qatar considers selling dollar bonds for benchmark purposes only

Last week, rating agency S&P revised its outlook on Qatar to stable from negative
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Abu Dhabi's Senaat sees potential for a bond next year: CEO

The company last month issued $300 million in sukuk, or Islamic bonds, a document by one of the banks leading the deal showed
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BRIEF: Warba Bank Gets CBK Approval For Al-Sayer Group To Increase Stake In Bank

WARBA BANK WARB.KW : * RECEIVES CBK APPROVAL ON APPLICATION OF AL-SAYER GROUP HOLDING TO INCREASE ITS SHARE CAPITAL IN BANK FROM 10.01 PERCENT TO 15 PERCENT Source:(https://bit.ly/2zJ2Lyj) Further company coverage: WARB.KW...
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BRIEF-Warba Bank Receives CBK Approval For Abdullah Saleh To Have Equity Stake In Bank

Dec 5 (Reuters) - WARBA BANK WARB.KW : * RECEIVES CBK APPROVAL ON APPLICATION OF ABDULLAH SALEH TO HAVE SHAREHOLDING EQUITY IN BANK'S SHARE CAPITAL NOT EXCEEDING 15 PERCENT Source:(https://bit.ly/2BQPsNL) Further company coverage: WARB.KW ...
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