Majid Al Futtaim Hires Banks for Green Dollar Sukuk
Majid Al Futtaim, a UAE-based developer and operator of shopping malls, has hired banks to arrange investor meetings ahead of a potential issue of...
Bank Dhofar Inaugurates NCR Financial Kiosk
Oman’s Bank Dhofar has partnered with NCR Corporation to launch NCR Financial Kiosk.
The NCR Financial Kiosk will offer Bank Dhofar’s customers the ability to...
Saudi Bank IDB Lists $1.5 Billion Sukuk on Nasdaq Dubai
Saudi Arabia's Islamic Development Bank (IDB) on Sunday listed a $1.5 billion (Dh5.51bn) sukuk on Nasdaq Dubai. IDB, a Jeddah-based triple A-rated institution, now...
KFH Achieved Positive Performance for the Fifth Consecutive Year: Al-Roshood
Acting Group CEO, AbdulWahab Al-Roshood said that KFH achieved a net profit of KD 51.6 million for the first quarter of 2019 for KFH...
Saudi Arabia Reduces Fees for Sukuk and Bonds to Spur Growth...
Saudi Arabia’s Capital Market Authority (CMA), Saudi Stock Exchange (Tadawul), and Debt Management Office (DMO) are making changes to sukuk and bonds fees to...
STC to Offer First US Dollar-dominated Sukuk
Saudi operator STC said that its subsidiary STC Sukuk Company will start offering the first issue of US dollar-denominated sukuk under the international sukuk...