Commercial Bank of Kuwait cancels KWD 120 million bond
The 10-year bond had been assigned a provisional Long-Term Issue Rating of 'BBB-' by Capital Intelligence with a ‘Stable’ outlook.…
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Bahrain fund Mumtalakat sets up $1 bln bond, sukuk programmes
Bahraini sovereign fund Mumtalakat has set up separate bond and sukuk issuance programmes in the Irish stock exchange to raise…
Aafaq – Islamic Finance on Nasdaq Dubai
Aafaq - Islamic Finance, a UAE-based leading Sharia-compliant financial institution, has carried out its first transaction on the Nasdaq Dubai…
Dubai's DIFC Investments sets final guidance on sukuk; orders top $3 bln -leads
DIFC Investments, the investment arm of Dubai's financial free zone, has set final guidance for a $700 million 10-year sukuk…
China central bank signs $6 bln currency swap with Qatar
China's central bank has signed a 35 billion yuan currency swap deal with its Qatari counterpart, in a step towards…
Al Hail Holdings complete the 100% acquisition of Habib Exchange
Further expanding its footprint in financial services in the GCC, Al Hail Holding LLC ("Al Hail"), jointly with Global Development…
Oman Islamic Finance Report 2015 released
The report is the latest in the series of Islamic Finance Country Reports (IFCR) designed to provide key insights on…
37 government entities to connect to ADERP system
A total of 37 local government entities will be connected to the Abu Dhabi ERP system by the end of…
Saudi Arabia’s Kingdom Holding Q3 Net Profit Rises 20.5%
Saudi Arabia’s Kingdom Holding, the investment firm owned by billionaire Prince Alwaleed bin Talal, posted a 20.5 per cent rise…
SGX's chief regulatory officer leaving to join Abu Dhabi Global Market (Amended)
SINGAPORE Exchange (SGX) chief regulatory officer Richard Teng has resigned, less than a year after being promoted, to become chief…
Kuwait’s Burgan Bank Gets Regulator Approval For $74.8m Rights Issue
Burgan Bank, Kuwait’s third-largest lender by assets, has received regulatory approval to launch a KD21.6 million rights issue by the…
Next stop for the yuan's global journey: Canada, Middle East
Even as China quickly expands the use of its currency to financial hubs in Asia and Europe this year,…