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Sharjah Islamic Bank sells USD 500 mn sukuk
Sharjah Islamic Bank (SIB) took a five-year USD 500 mn sukuk issuance to market, Wam reports. The issuance was priced…
UAE’s FCY issuer default rating affirmed at AA-
The rating agency expects a fiscal surplus for the next three years
Abu Dhabi’s FCY issuer default rating affirmed at AA
The ratings agency expects a fiscal surplus for the next two years, albeit at narrower rates
UAE sells USD 1.5 bn in first eurobond issuance since September
Demand came in at 3.8x the size of the offering
Sharjah Islamic Bank to sell new USD-denominated senior sukuk
The sukuk will be issued under the bank’s trust certificate issuance program
Bank investments reach a record high in March
Gross credit grew 8% y-o-y to AED 2.047 tn
Gross bank assets reach AED 4.25 tn in March -CBUAE
Gross credit expanded with a 1.1% rise in domestic credit and a 5.3% increase in foreign credit
Amid election surprises, EM investors are bullish on local debt
Appetite for Turkish, Egyptian, and Latin American debt is on the rise
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