Al Baraka Banking Group plans to issue Sukuk in Jordan
Al Baraka Banking Group’s 66.01 per cent-owned subsidiary Jordan Islamic Bank is the oldest of the four Islamic banks in…
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UAE bank bonds dominate Gulf as companies absent
For the first time since 2009, the number of Gulf corporate bond sales this year is zero. Banks have been…
Qatar's ETF to help pace of foreign fund inflow
A flurry of foreign money is expected to propel Qatar Exchange with the launch of its debut Exchange Traded Fund.…
Al Baraka Bank plans subordinated sukuk in Jordan
Bahrain-based Al Baraka Banking Group is planning on issuing its first Islamic bonds, or sukuk, for its Jordanian unit later…
Oman's Bank Dhofar working with two advisers on capital plans
Oman's Bank Dhofar is working with National Bank of Abu Dhabi and Standard Chartered as it studies options for raising…
Fitch: NBK measures up to regional banks
In its report published today, Fitch Ratings said: “It is difficult to compare NBK with domestic peers, due to the…
Emirates NBD Asset Management scoops three awards
Emirates NBD Asset Management Limited, the asset management arm of Emirates NBD, a leading bank in the region, has once…
Qatar’s clean sweep builds UK assets portfolio
The Qatar Investment Authority’s most recent acquisition is only the tip of an asset-owning iceberg — one some observers are…
Saudi stock market rumoured to be opening to foreign investors
The excitement in the investment community is understandable. The Saudi stock market has a capitalization close to half a trillion…
UAE ready to be gateway to better ties of China, Arab world
The United Arab Emirates (UAE) would like to serve as the gateway to better ties between China and the countries…
Flurry of fines shows Middle East’s biggest market ready to open
Anyone doubting Saudi Arabia’s commitment to opening its stock market directly to foreigners for the first time should check out…
RAM Ratings assigns AA3 preliminary rating to Kuveyt Turk's MYR Sukuk
Kuveyt Türk is the largest Islamic bank in Turkey, with an asset base of TRY 30 billion as at end-June…