Edition:
United Kingdom

Yousef Saba

UPDATE 1-APICORP sells $750 million in 5-yr bonds - document

24 Jun 2020

DUBAI, June 24 The Arab Petroleum Investments Corporation (APICORP) sold $750 million in five-year bonds on Wednesday and received more than $900 million in orders for the debt sale, a document showed.

UPDATE 1-Dubai Islamic Bank sells $300 mln in 2026 sukuk reopening, document shows

23 Jun 2020

DUBAI, June 23 Dubai Islamic Bank (DIB) , the largest Islamic lender in the United Arab Emirates, sold $300 million in a reopening of its existing sukuk issuance maturing in 2026, a document showed on Tuesday.

UPDATE 1-APICORP starts marketing 5-year dollar bonds -document

23 Jun 2020

DUBAI, June 23 The Arab Petroleum Investments Corporation (APICORP), a Saudi-headquartered multilateral development bank, began marketing benchmark five-year U.S. dollar-denominated bonds on Tuesday, a document showed.

Dubai's Emirates NBD begins new round of job cuts -sources

23 Jun 2020

DUBAI, June 23 Emirates NBD, Dubai's largest bank, began cutting hundreds of jobs this week after the impact of the coronavirus crisis accelerated planned lay-offs, three sources said.

UPDATE 2-DP World hires banks for Islamic bond sale - document

22 Jun 2020

DUBAI, June 22 Port operator DP World has hired a group of banks for a potential sale of perpetual U.S. dollar-denominated Islamic bonds or sukuk, a document showed on Monday.

UPDATE 1-Islamic Development Bank sells $1.5 bln in 5-yr sukuk - document

18 Jun 2020

DUBAI, June 18 The Jeddah-based Islamic Development Bank sold $1.5 billion in five-year sukuk on Thursday, a document showed, which it will use to finance projects in member countries responding to the coronavirus pandemic.

UPDATE 1-Sharjah Islamic Bank sells $500 million in five-year sukuk - document

16 Jun 2020

DUBAI, June 16 Sharjah Islamic Bank sold $500 million in five-year U.S. dollar-denominated sukuk at 2.85% on Tuesday, a document showed.

UPDATE 1-Islamic Development Bank hires banks for dollar sukuk - document

15 Jun 2020

DUBAI, June 15 Jeddah-based Islamic Development Bank has hired banks for a potential sale of U.S. dollar-denominated five-year sukuk, or Islamic bonds, a document showed on Monday.

Sharjah Islamic Bank hires banks for dollar sukuk - sources

10 Jun 2020

DUBAI, June 10 Sharjah Islamic Bank has hired banks to arrange the sale of benchmark dollar sukuk, three sources with knowledge of the matter told Reuters.

Dubai merger boosts state-linked property firm's debt - sources

10 Jun 2020

DUBAI, June 10 Islamic bonds issued by Dubai's Meraas Holding, a state-linked property developer, have shot up in value after the government announced the company would come under the umbrella of the ruler of Dubai's investment vehicle Dubai Holding.

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