Saturday 2 August 2014
 
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mandate

Turkey mandates banks for sukuk issue

Turkey mandated banks for its second sovereign sukuk issue in international markets on Thursday and will hold a series of investor meetings from September 23 to October 1 in the Middle East and Asia, the Treasury said. "HSBC,

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Rohani election win mandate for change in Iran

Iranian voters weary of years of economic isolation and tightening political restrictions threw down a blunt demand for change on Saturday by handing a moderate cleric a landslide victory in a presidential electi

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FGB hires banks for $800m loan

First Gulf Bank (FGB) has mandated eight banks to arrange an $800 million loan to fund its growth and expansion, the Abu Dhabi-based lender said. The banks that have been mandated include Bank of Tokyo-Mitsubishi UFJ (MUFJ), Citib

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Bank of Sharjah in $100m loan deal

Bank of Sharjah, a leading bank in the UAE, said it has mandated a group of banks to arrange a $100 million loan for 'its general corporate purposes.' The two-year loan will be arranged by Germany’s Commerzbank as the lead arranger along

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