Newsletter Articles
NEWS in BRIEF
21st March 2023
Dubai Luxury Real Estate Developer DAMAC Successfully Closes its Latest
Saudi NDMC Domestic Sovereign Sukuk Issuance Momentum Continues with Closure of Two-tranche SAR3,465.56m (US$923.25m) Sukuk in February 2023, as Aggregate for First Two Months Reach SAR7,123.1m (US$1,897.9m)
21st March 2023
The National Debt Management Centre (NDMC) of the Saudi Ministry
Saudi Investment Bank (SAIB) Closes Second Perpetual Sukuk Issuance – a SAR500m Offering – in 6 Months Raising a Total SAR2.5 bn (US$660m) Through Private Placement
21st March 2023
Sukuk issuance momentum in the Saudi Arabian banking sector continues
Emirates Islamic Successfully Closes UAE’s First Local Currency AED1bn (AED272.3m) Sukuk as Dirham-denominated Debt Papers Flourish Among Bank Issuers
21st March 2023
Banks in the UAE seem to be turning to raising
DIB Continues its Sustainability Issuer Advantage in the UAE Market with US$1bn Sustainable Sukuk Issuance in February 2023 – the Second Such issuance in Two Months
21st March 2023
Dubai Islamic Bank (DIB), one of the most prolific and
Market Welcomes Egypt’s Entry into Global Sukuk Market with Maiden US$1.5bn Issuance in February 2023 with Robust Optimism Tempered with Subdued Caution
21st March 2023
After almost three years of deliberations, the Egyptian Government finally