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Masdar to finance Central Asia renewable projects with second green bond
The company intends to use the proceeds from the new bond issuance to finance projects in Central Asia
Shuaa Capital restructures USD 150 mn debt
Bondholders can now convert some of their debt holding into equity in Shuaa
UAE to be among most active sukuk issuers this year -Fitch
The UAE, Saudi Arabia, and Malaysia are set to remain the most active sukuk issuers in 2024, Fitch said in…
Emirates Islamic closes USD 500 mn Murabaha loan
The bank will use the funds to expand its Islamic financing services
Credit demand + appetite is on the up
The Central Bank’s report forecasts positive credit sentiments across households and corporates
Tabreed buys back outstanding USD 500 mn trust certificates
The company received approval to purchase USD 200.7 mn of the trust certificates
DAE secures new AED 2.75 bn 5-year unsecured term loan from Emirates NBD
The loan aims to support DAE’s general corporate needs and future financing requirements
Fuel prices hiked for the third time in a row + UAE is eyeing nuclear investments in Europe
Good morning, friends, and welcome to the final full workweek of Ramadan, which has kicked off with an unsurprisingly slow…
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