(Adds revised pricing)DUBAI, June 23 (Reuters) - Abu Dhabi&aposs Al Hilal Bank plans to raise $500 million from a capital-boosting Islamic bond issue, with pricing tightening ahead of completion on Tuesday due to investor demand, a document from lead arrangers said on Monday.Pricing for the transaction, which has a perpetual tenor but can be bought back by the lender after the fifth year, was revi
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DUBAI, June 24 (Reuters) - Here are some factors that may affect Middle East stock markets on Tuesday. Reuters has not verified the press reports and does not vouch of their accuracy.INTERNATIONAL/REGIONAL* GLOBAL MARKETS-Asian shares muted, currencies in well-worn ranges MKTS/GLOB* Brent crude falls again as Iraq supply fears ease O/R* Gold rises on Iraq, S&P drop; platinum down as strike endsGOL
(Adds revised pricing)DUBAI, June 23 (Reuters) - Abu Dhabi&aposs Al Hilal Bank plans to raise $500 million from a capital-boosting Islamic bond issue, with pricing tightening ahead of completion on Tuesday due to investor demand, a document from lead arrangers said on Monday.Pricing for the transaction, which has a perpetual tenor but can be bought back by the lender after the fifth year, was revi
Ghana FA president is to sue the Daily Telegraph over its claim he agreed for the national team to play in matches others were preparing to fix.
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Abu Dhabi's Al Hilal Bank plans to raise USD500 million from a capital-boosting Islamic bond issue, with pricing tightening ahead of completion on Tuesday.
RIYADH, June 23 (Reuters) - Saudi Arabia&aposs National Petrochemical Co 2002.SE (Petrochem) has completed a 1.2 billion riyal ($319.9 million) debut sukuk issue, it said in a bourse filing on Monday.The Islamic bond, which has a five year lifespan, was priced at 170 basis points over the six-month Saudi interbank offered rate (Saibor).Deutsche Bank&aposs Saudi Arabian arm DBKGn.DE and the investm