Saudi Real Estate Refinance Co Launches 4 Bln Riyal Islamic Bonds,...
Saudi Real Estate Refinance Co (SRC) has issued 4 billion riyals ($1.07 billion) in a two-tranche private placement of Islamic bonds, or sukuk.
The issuance...
Emaar Malls Plan Merger with Emaar Properties a Credit Negative: Moody’s
Moody's Investors Service has said the proposed merger of Emaar Properties and its subsidiary Emaar Malls by way of share swap will be credit...
Emirates Islamic Collaborates with IDEMIA on New Smart Metal Art Cards...
In a survey conducted last year, it was noted that 73% of global millennials prefer a metal card over a plastic one. To support...
Middle East Banking Innovation Summit Explored Fintech and Digital Transformation
The 10th Annual Middle East Banking Innovation Summit took place recently for two full days of panels and keynote presentations exploring the world of...
EFG Hermes Named Best Investment Bank in Frontier Markets
EFG Hermes, the leading financial services corporation in frontier emerging markets (FEM), has for the first time been named the Best Investment Bank in...
Saudi Sipchem Plans Early Redemption of $267mln of Sukuk in April
Saudi-based Sahara International Petrochemical Co. (Sipchem) is planning to redeem in full its 1 billion riyals ($267 million) of sukuk on April 18, 2021,...