FIXED INCOME

May 25, 2018

Kuwait Finance HouseKuwait’s second biggest lender, Kuwait Finance House (KFH), is planning its biggest ever play in the Islamic finance market with the issue of a $3 billion Islamic bonds programme.

Apr 20, 2018

A debt issuance by Qatar has set a record for the largest emerging market bond so far this year.

Apr 13, 2018

Funds repatriationA recently published bond prospectus has confirmed that Qatar’s largest sovereign wealth fund (SWF) has repatriated $20 billion in an attempt to shore up its banking sector, which is feeling the effects of a trade embargo from its Gulf neighbours.

Mar 02, 2018

Bonds_newspaperThe UAE’s largest bank, First Abu Dhabi Bank (FAB), has issued a $650 million, five-year sukuk. The final price was registered as 95 basis points above midswaps, stated the bank.

Feb 16, 2018

gavel_law_booksA high court judge in the UK has ruled in favour of investors holding $700 million of Islamic bonds (sukuk) issued by UAE-based energy producer Dana Gas which last year refused to redeem the bonds on the grounds that they were no longer Shariah-compliant or legal in the UAE.

Feb 02, 2018

Sovereign-wealth-fundsAlternative investments now make up almost a quarter (23%) of all sovereign wealth funds (SWFs) asset allocations, according to a report from PwC.

Dec 01, 2017

Moodys_websiteA ruling in a dispute over sukuk issued by Dana Gas is “credit positive” for Islamic finance, according to a ratings agency.

Nov 23, 2017

Doug_Bitcon-RasmalaRasmala’s trade finance fund recently passed $100 million in assets. Doug Bitcon, head of credit strategies, explains why he has to be hands-on.

Nov 23, 2017

Saudi Arabian index inclusion, the onset of taxes and the Dana Gas controversy were among the issues discussed by our cross-industry panel. Chaired by George Mitton in Dubai.

Nov 23, 2017

Kuwait’s stock market rose after its government revealed a five-year development plan. Equity performance elsewhere was mixed in the first half of the year, writes Gerard Aoun of Thomson Reuters.

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Executive Interviews

INTERVIEW: Totally mega

Jun 13, 2018

In 2016, global consulting firm PWC forecast the emergence of five global ‘megatrends’ in the next two decades. Stephen Anderson, its Middle East clients and markets leader, talks about their...

INTERVIEW: Protecting the investment

Nov 23, 2017

Rasmala’s trade finance fund recently passed $100 million in assets. Doug Bitcon, head of credit strategies, explains why he has to be hands-on.

Roundtables

MENA ROUNDTABLE: ‘The story is about reforms’

Jun 13, 2018

Our cross-industry panel discuss the positive backdrop in Egypt, the Dana Gas controversy and the potential index upgrades of Saudi Arabia and Kuwait. Chaired by George Mitton in Dubai.

SOUTH AFRICA ROUNDTABLE: Airline syndrome

Jun 13, 2018

Our panellists tell us that instead of launching competing national projects, African countries should work together for the sake of a bigger capital market. Chaired by George Mitton in Cape Town.