Industry & Trade Dana Gas Offers Bondholders Sweetened Debt Deal Administrator Nov 25, 2012 0 Dana Gas, in talks to restructure a $920 million Islamic bond, is offering bondholders cash and an average 8…
Banks National Bank Of Abu Dhabi Issues MYR500m Sukuk Administrator Nov 24, 2012 0 The National Bank of Abu Dhabi (NBAD), one of the 50 safest banks in the world and the safest bank in the Middle…
Banks Sukuk Beats Conventional Bonds Amwal Al Ghad English Oct 24, 2012 0 Corporate and infrastructure issuers in the Gulf region may increasingly rely on sukuk, the Islamic equivalent of…
Banks Al Baraka Bank Egypt Eyes 15% Increase In Deposits Administrator Oct 21, 2012 0 Al Baraka Bank Egypt targets to increase deposits by 15% by the next year, said Ashraf El Ghamrawy, CEO of the…
Banks Egyptian Islamic Finance Association Holds Conference On Sukuk Regulations Administrator Oct 18, 2012 0 The Egyptian Islamic Finance Association will hold its second conference on Islamic finance instruments in Port…
EGX Maged Shawky: Beltone Eyes AUM Increase, ETFs Activation Yomna Yasser Oct 18, 2012 0 Maged Shawky, the Managing Director at Beltone Financial (BTFH.CA), said the firm will be launching promotional…
Banks Egypt To Tap Global Sukuk Market After Law Enactment, IMF Loan Yomna Yasser Oct 18, 2012 0 Egypt has received interest from foreign banks amounting to $750 million to $1 billion for a sukuk sale after it…
Egypt News Sukuk A Solution To Egypt’s Economic Crisis Amwal Al Ghad English Oct 14, 2012 0 Prime Minister Hashem Qandil announced last month his government’s intention to issue one or two rounds of sukuk, a…
EGX Mona Zulficar: New Sukuk Law Pivotal For Opening Up New Markets Yomna Yasser Oct 9, 2012 0 Mona Zulficar, EFG-Hermes Board of Directors chairperson, said the new Islamic sukuk law which will be issued…
Banks Saudi Holland Bank Shareholders Approve 1.4 Bln-Riyal Sukuk Administrator Oct 7, 2012 0 Saudi Hollandi Bank shareholders have agreed to issue an Islamic bond, or sukuk, worth 1.4 billion riyals ($373…