Banks S. Arabia’s SNB launches USD-denominated sukuk Nada Ali Feb 20, 2024 0 The Saudi National Bank (SNB) issued its latest five-year U.S. dollar-denominated senior unsecured sukuk through a…
Stocks Gulf markets fall down on Wednesday’s morning ahead of Fed rate decision Nada Ali Sep 21, 2022 0 Most Gulf stock markets slide in Wednesday’s early trading session as investors worried about another increase in…
Arab Most Gulf bourses gain on Tuesday Nada Ali Sep 20, 2022 0 Most stock markets in the Gulf advanced on Tuesday, with the Saudi index snapping a four-day losing streak to…
Tech/AI UAE’s Majid Al Futtaim to raise $600 million by selling green sukuk Amwal Al Ghad English Oct 24, 2019 0 UAE-based developer and shopping mall operator Majid Al Futtaim is set to raise $600 million by selling “green”…
Arab Saudi stock market recovers some losses, most of Gulf inches up Amwal Al Ghad English Oct 15, 2018 0 Saudi Arabia’s stock market partially recovered early on Monday from steep losses triggered by the disappearance of…
Banks Fitch Affirms Dubai Islamic Bank At ‘A’; Outlook Stable Amwal Al Ghad English Dec 12, 2013 0 Fitch Ratings have affirmed UAE-based Dubai Islamic Bank's (DIB) Long-term Issuer Default Rating (IDR) at 'A' with…
Arab Dubai Shares Rise to Highest Since 2009 on Economy Recovery Bets Yomna Yasser Apr 28, 2013 0 Dubai shares climbed to the highest in more than three years on bets economic growth in the emirate will…
Banks Dubai Islamic Bank Wins At ‘CCR Credit Excellence Awards’ Amwal Al Ghad English Oct 29, 2012 0 Dubai Islamic Bank ( DIB ) announced today that its Retail Credit Department has won the "International Credit…
Real Estate Emaar Meets Investors Today Amwal Al Ghad English Jul 11, 2012 0 Emaar Properties is meeting with investors in London today for a possible new sukuk, or Islamic bond, issue under…
Banks Dubai Islamic Bank To Issue Benchmark Sukuk Administrator May 16, 2012 0 Dubai Islamic Bank (DIB), the largest sharia-compliant lender in the United Arab Emirates, is planning to issue a…
Banks Dubai Islamic Bank Q1 Net Profit Registers Dhs245 Mln Administrator Apr 30, 2012 0 Dubai Islamic Bank (DIB) announced its financial results for the three months ending March 31, 2012, demonstrating…
Banks Four Banks Likely To Issue US$ 1.5 Bln Sovereign Bond In Dubai Administrator Apr 24, 2012 0 Dubai has mandated four banks for a sovereign bond issue of up to $1.5 billion which may be launched as early as…
Banks Dubai’s Tamweel Q1 Net Profit Drops 33% Administrator Apr 18, 2012 0 Dubai-based sharia-compliant mortgage lender Tamweel posted a 33% fall in first quarter net profit, hit by…
Banks Fitch Ratings Raises UAE’s Tamweel To ‘BBB+’ With Stable Outlook Administrator Apr 4, 2012 0 Fitch Ratings upgraded UAE-based Tamweel PJSC's (Tamweel) Long-term Issuer Default Rating (IDR) to 'BBB+' from…
Banks Dubai Islamic Bank Repays $750mln Bonds Administrator Mar 29, 2012 0 Dubai Islamic Bank has announced the repayment of a $750 million, five-year Islamic bond which matured on March 22…
Indices news Dubai Shares Rise to 10-Month High on Profit Yomna Yasser Feb 26, 2012 0 Dubai stocks jumped to a 10-month high as company earnings and dividends boosted investor confidence and after a…