Nasdaq Dubai welcomes listing of $2 billion Sukuk by Islamic Development Bank
Nasdaq Dubai welcomed the listing of a US$2 billion Sukuk by the Islamic Development Bank, IsDB, a multilateral lender which…
Trading, Broking & Stock Exchanges
3541 articles found
Lebanon has more to worry about than $31bn maturing Eurobonds
Lebanon has a lot more than just maturing Eurobonds to worry about. In addition to $31bn of those, the…
Saudi Arabia’s Dar Al-Arkan lists $400m sukuk on Nasdaq Dubai
Nasdaq Dubai confirmed the listing of a $400m sukuk by Saudi Arabian property development company Dar Al-Arkan. Dar Al-Arkan…
Abu Dhabi plans $2.7billion in public-private partnership tenders
The leadership in the Abu Dhabi emirate will procure approximately $2.7billion of infrastructure projects in 2020 under the public-private partnership …
FAB issues over AED 3 billion bonds within three days
UAE’s First Abu Dhabi Bank has issued over AED 3 billion bonds via two separate public issuances in three days.…
TCS BaNCS selected by BSF to enhance customer experience
Banque Saudi Fransi has selected the TCS BaNCS Global Banking Platform by Tata Consultancy Services, a Mumbai-based IT services, consulting…
Riyad Bank hires banks for dollar sukuk issue
Saudi Arabia’s Riyad Bank has hired international and regional banks to arrange the potential issuance of dollar-denominated sukuk, it said…
Bahrain Bourse issues resolution to list T-Bills and sukuk
Bahrain Bourse issued Resolution No (4) for the year 2020 on Sunday to list Treasury Bills and short-term Islamic lease…
67 listed companies on UAE's financial markets report $20.57bln in profits during 2019
Consolidated net profits of 67 companies listed on the UAE's financial markets reached AED75.56 billion in 2019, an increase of…
Kuwait's Boubyan Bank starts marketing 5-yr dollar sukuk
Kuwait's Boubyan Bank BOUK.KW has started marketing five-year U.S. dollar-denominated sukuk, or Islamic bonds, at around 150 basis points (bps)…
Bahrain's Bank ABC reports profit drop as costs and credit losses climb
The Arab Banking Corporation, a Manama-listed lender, reported a 4 per cent drop in full-year net income dragged down by…
Libya’s banking woes escalate with conflict
Banks in Libya have been foundering for years under the weight of worsening chaos and UN Envoy Ghassan Salame warned…