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UAE to disburse USD 1.5 bn loan to Kenya in single payment this week
Kenya will receive the loan by the end of the week
Damac prices USD 750 mn sukuk amid strong demand
The order book exceeded USD 2.1 bn, reflecting a 2.8x oversubscription
BGN boosts its loan from UAE lenders to USD 232.5 mn
The facility will include a Murabaha tranche to incorporate both Islamic and conventional financing
UAE banks ramp up debt issuances
Emirates NBD and Sharjah Islamic Bank are set to launch fresh issuances on Euronext Dublin and Nasdaq Dubai
Adnoc Drilling looks to raise USD 1 bn to refinance debt, drive expansion
The company has USD 750 mn in debt due in 4Q 2025
ADCB’s Formosa bond issuance raises USD 600 mn
The bonds are listed on the Taipei Exchange and Euronext Dublin
Ittihad closes USD 450 mn sustainability-linked revolving credit facility
The credit facility will boost liquidity and reinforce its capital base
Sharjah gov’t issues EUR 500 mn bonds, with order book 3.5x oversubscribed
71% of demand came from investors outside the MENA region
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