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Saudi Arabia's NDMC closes issuance of sukuk worth $1.25bn in December

RIYADH: Saudi Arabia’s National Debt Management Center has closed the issuance of SR4.699 billion ($1.25 billion) riyal-denominated sukuk in December, according to a recent statement. The total value of bids stood at SR11.08 billion, NDMC said in a statement. The sukuk offering was divided into two tranches. The first tranche was SR4.09 billion, maturing in 2032; the second
Saudi Arabia Ar Riya City Of United Kingdom Mustafa Adil London Stock Exchange Group

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Nasdaq Dubai Welcomes Listing Of US$ 750 Million Sukuk By Dubai Islamic Bank

<p><span>Nasdaq Dubai, the region’s international financial exchange, today welcomed the listing of a US$ 750 million Sukuk by Dubai Islamic Bank (DIB). The 5-year new Sukuk issuance is part of DIB’s US$ 7.5 billion Sukuk Program.</span></p>
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United Arab Emirates Dubai Islamic Bank Sukuk Program Nasdaq Dubai Middle East

KFH honored at Global Finance awards - ARAB TIMES

Kuwaiti bank named ‘Best Treasury and Cash Management Bank’ for 2022 KUWAIT CITY, Jan 22: For the second year consecutively, Kuwait Finance House (KFH) wins the “Best Treasury and Cash Management Bank” prize for the year 2022, awarded by Global Finance Magazine in its 22nd ceremony of annual rank
New York United States Ahmed Al Sumait Josephd Giarraputo Ahmed Essa Al Sumait Al Waad

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