Bahrain Hires Banks for Second Bond Issuance of 2020
Bahrain has hired banks to arrange a multi-tranche sale of U.S. dollar-denominated sukuk and bonds that would be the country's second bond issue this...
ACWA Power Inks $650m Financing Deal for Saudi’s Jubail-3A IWP
Saudi Arabia-based developer, investor, and operator of power generation and desalinated water plants ACWA Power has signed a senior financing agreement worth $650m (SAR2.4bn)...
Rawabi Holding Company Successfully Closes SAR 583 Million Sukuk
On 28 July 2020, Rawabi Holding Company had successfully concluded its third issuance of a SAR 583 million Sukuk due on 28 July 2022...
First Abu Dhabi Bank Mulls Acquiring Bank Audi’s Egypt Unit
First Abu Dhabi Bank (FAB), the UAE's largest lender by assets, may restart talks to acquire the Egyptian business of Lebanese Bank Audi in...
ACWA Power Announces Financial Close for 900 MW PhV of MBR...
ACWA Power has completed the signing of all financing agreements of the 900 MW fifth phase of the Mohammed bin Rashid Al Maktoum (MBR)...
Islamic Equities Defy Overall Bearish Trend on Qatar Stock Exchange
Islamic equities defied the overall bearish trend on the Qatar Stock Exchange, which lost about 47 points in its key barometer this week.
The Gulf...