Nasdaq Dubai today welcomed the listing of a $1 billion sukuk by Dubai Islamic Bank (DIB), the UAE’s largest Islamic bank, on the region’s international exchange.
It brings the total value of DIB’s sukuk current
A $400-million bond issued by Industrial and Commercial Bank of China Dubai (DIFC) Branch was listed on Nasdaq Dubai today.
Wang Hongbo, executive vice president of China Foreign Exchange Trade System (CFETS), rang the mark
Saudi Aramco continues to look at several overseas exchanges including New York, Hong Kong and London for a listing in 2018 of a part of the state-owned oil company, CEO Amin Nasser said.
"This thing will
Egypt's Ministry of Investment will assess eight state-owned petroleum companies for their suitability for a possible listing on the Egyptian Stock Exchange or share issuances, Petroleum Minister Tarek El Molla told Reuters on Tuesday.
Investment banks are jostling to take part in the listing of a chunk of Saudi Arabia's state-owned oil giant Aramco as a portal to the lucrative deals they expect to flow from the kingdom's plan to revamp its economy.
Saudi oil giant Aramco is gaining market share and pushing for greater efficiency, chief executive Amin Nasser said in an interview, as it acts as a "bridge" to a future when the nation relies less on energy exports.
The Saudi Stock Exchange has selected HSBC Saudi Arabia to advise on its own planned flotation scheduled for 2018, the exchange, known as Tadawul, said in a statement.
"The appointment of a financial adviser is an important m
Qatar First Bank (QFB), a leading Shari’ah compliant bank has announced plans to list its shares on Qatar Stock Exchange on Wednesday (April 27). This is the first listing of a private sector entity on the QSE in six years.
Nasdaq Dubai has listed two sukuk issued by the government of Indonesia with a total value of $2.5 billion.
The total nominal value of the sukuk currently listed on Dubai’s exchanges has now reached $42.3