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Saudi PIF prices debut $3.5bn international sukuk issueSaudi Arabia's Public Investment Fund (PIF) today (October 19) successfully priced its first dollar-denominated Shariah-compliant trust certificates (sukuk). The total amount of the issuance is $3.5 b More… |
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Arab Bank completes $250m AT1 Capital Securities issueArab Bank has announced the successful issuance of $250 million in Additional Tier 1 (AT1) Capital Securities, the first sustainable perpetual AT1 issue in Jordan. The proceeds of the issuance will be used to f More… |
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GCC a 'bright spot' for IPOs in 2022; $23bn proceedsThe GCC initial public offering (IPO) market witnessed strong activity throughout 2022 and surpassed its previous year's achievements, despite volatility in secondary markets, a report says. The total numbe More… |
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Markaz successfully closes 5-year KD35 million bond issueKuwait Financial Centre (Markaz) has announced the successful close of its KD35 million ($114.75 million) 5-year bond issue through private placement. The bonds, which were issued on 20 December 2020 and More… |
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Emirates Post to issue commemorative stamp on key visitsEmirates Post will issue a commemorative stamp to mark The Human Fraternity Meeting held in the capital, under the patronage of HH Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Force More… |
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Gulf Navigation selects Al Ramz to manage rights issueDubai-based Gulf Navigation Holding has appointed Al Ramz Corporation Investment and Development, listed in Dubai Financial Market as a Co-Bookrunner, to manage its rights issue in order to increase its capital to Dh1 billion ($272.26 million). More… |
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Saudi Arabia to announce tourist visa rules by Q1-endDetails about tourist visas to Saudi Arabia will be announced at the end of the first quarter, a report said. According to The Saudi Commission for Tourism and National Heritage (SCTH), regulations will be issued once they have be More… |
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Saudi Arabia 'to grant tourist visas to nationals of 65 countries'Saudi Arabia plans to issue tourist visas for travellers from 65 countries as part of a new programme, a report said quoting a senior official. The initiative, which will help steer the kingdom's economy away from its oil depe More… |
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Saudi Arabia 'ready to welcome tourists'Saudi Arabia is ready to welcome its first tourists as the government has sanctioned a Jeddah travel agency in category D to issue visas for tourists and for educational or medical treatment purposes inside and outside the kingdom, a report said More… |
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Dentons advises OETC on $500m notes issueDentons, a leading global law firm, has advised Oman Electricity Transmission Company (OETC) on the issuance by OmGrid Funding Limited of $500 million guaranteed notes, guaranteed by OETC. OETC is a member of Nama Group and is the More… |
