DUBAI , May 28 (Reuters) - Abu Dhabi Islamic Bank will ask shareholders for permission to expand its existing Tier 1 sukuk issue, originally sold in 2012, by $2 billion to $3 billion, it said in a bourse filing on Thursday.
DUBAI , May 28 (Reuters) - Qatar's United Development Co (UDC) will prioritise building its half-finished Pearl development in Doha, a 60-tower residential project situated on a manmade island, a senior executive told Reuters.
DUBAI , May 28 (Reuters) - Gulf stock markets may remain depressed on Thursday after Brent oil prices dropped below $63 per barrel, but passive funds tracking MSCI's emerging markets index may lift a handful of local stocks which were upgraded in the benchmark review.
DUBAI , May 28 (Reuters) - Here are some factors that may affect Middle East stock markets on Thursday. Reuters has not verified the press reports and does not vouch for their accuracy.
DUBAI (Reuters) - Abu Dhabi's Etihad Airway's contribution to the U.S. economy will almost double to $6.2 billion by 2020, it said on Wednesday, in an apparent counter to allegations that government subsidies gave it an unfair edge over competition.
DUBAI , May 27 (Reuters) - Dubai Islamic Bank has priced a $750 million sukuk with a five year lifespan, a document from arranger banks said on Wednesday, with the cost of borrowing reduced by significant investor demand.
DUBAI , May 27 (Reuters) - Qatar's bourse fell sharply on Wednesday after the United States and Switzerland launched criminal probes against FIFA officials, while other Gulf stock markets were weak as oil prices failed to recover from Tuesday's drop.
DUBAI , May 27 (Reuters) - Dubai Islamic Bank has set pricing for a benchmark dollar-denominated sukuk issue with a five year lifespan, which will price later on Wednesday, at 125 basis points over midswaps, a document from lead managers said.
DUBAI , May 27 (Reuters) - Dubai Islamic Bank has tightened price thoughts for a benchmark dollar-denominated sukuk issue with a five year lifespan, which is likely to be priced later on Wednesday, a document from lead managers said.
DUBAI , May 27 (Reuters) - Qatar's stock market fell sharply on Wednesday after Swiss authorities opened criminal proceedings against individuals on suspicion of mismanagement and money laundering related to the award of rights to host the 2018 and 2022 soccer World Cups.