Middle East and North Africa

Middle East and North Africa

Dubai to Come Back to Debt Market with 10-yr Sukuk, 30-yr...

Dubai has hired banks to arrange investor calls ahead of a potential sale of U.S. dollar-denominated 10-year sukuk, or Islamic bonds, and 30-year conventional...

Abu Dhabi’s Waha Capital Launches Islamic Fund amid Growing Investor Demand

Waha Capital, which counts Abu Dhabi’s Mubadala Investment Company as one of its shareholders, launched a new income-generating Sharia-compliant fund in response to growing...

Qatar’s Masraf Al Rayan Markets 5-Year Dollar Sukuk

Qatari Islamic lender Masraf Al Rayan began marketing a five-year U.S. dollar-denominated sukuk on Wednesday, a document showed. It gave an initial price guidance of...

Chief Executive Officer at KFH – Bahrain named CEO of the...

Abdulhakeem Alkhayyat, Managing Director and Chief Executive Officer at Kuwait Finance House – Bahrain, was named CEO of the Year 2020, a prestigious award...

Abu Dhabi Returns to Bond Market with 3-Part Dollar Issue

Abu Dhabi on Tuesday began marketing a US dollar-denominated bond, in its third foray into the international debt markets this year as the oil-rich...

Barwa Bank Announces Successful Exit of Education Investment in Qatar

Barwa Bank has announced the successful closure of the education investment launched by its wholly owned subsidiary, The First Investor (TFI) Qatar, a leading...