UAE mega projects, sustainability boost bonds, sukuk issuances

These large-scale initiatives and the country's focus on sustainable projects that support climate plans are key...

Islamic Treasury Bonds Auction for January attracts bids

UAE's Ministry of Finance announces the results of its January Islamic Treasury Sukuk auction, attracting bids worth...

Lunate launches Chimera JP Morgan Global Sukuk ETF

Lunate Capital, an Abu Dhabi-based management company, today launched the Chimera J.P. Morgan Global Sukuk ETF, an...

UAE: SCA extends decision to exempt registration fees for sukuk

The Securities and Commodities Authority (SCA) today decided to extend the exemption from registration fees for...

Bank of Sharjah acts as Joint Lead Manager, bookrunner

Bank of Sharjah acted as a joint lead manager and bookrunner in a USD300 million Additional Tier 1 (AT1) 5.5-year...

Bank of Sharjah selected as joint lead manager in Sukuk issuance

Bank of Sharjah announced its selection as Joint Lead Manager and Bookrunner in the debut USD 350 million 144A/Reg S...

Third Islamic Treasury Sukuk auction achieves exceptional results

The third auction of the UAE T-sukuks programme witnessed a strong demand through the eight primary dealers, with...

UAE: ADIB raises USD 750 million in US dollar-denominated sukuk

Abu Dhabi Islamic Bank (ADIB) announced today that it has successfully raised 750 million USD in the world’s first...

Pak's economic condition worsening, default on borrowing spikes

Fast deteriorating CDS is signalling the foreign investors that Islamabad is precariously near default. Rather than...

Pak Finance ministry says debt burden is Rs 11.8 trillion...

Islamabad [Pakistan], January 26 (ANI): A report prepared by the Pakistan's Ministry of Finance showed that the...

Pakistan foreign currency reserves deplete after stalemate...

Islamabad [Pakistan], December 24 (ANI): Pakistan's foreign currency reserves are depleting after the persistent...

Emaar Malls plan merger with Emaar Properties a credit...

Dubai [UAE], March 8 (ANI): Moody's Investors Service has said the proposed merger of Emaar Properties and its...