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- Bahrain All Share Index closes lower
- Gold Inches Lower as Dollar Gains, Markets Await Fed Appointments
- Doha Bank bolsters Tadbeer services to enhance payroll digital solutions for government entities
- US rate cut expectations place QSE at multi-year high; M-cap adds QR2.38bn
- ADNOC ranked 6th most valuable global energy brand in Brand Finance Energy 100 report
- Why UAE, Saudi, Qatari banks are giving out more loans at lower interest rates
- Fakeeh group delivers 1H 2025 revenue of SR1.51 billion, up 13% year-on-year
- Dubai Aerospace Enterprise records $843.6m revenue for H1 2025
- Abu Dhabi foreign trade soars 35% in H1 as UAE races toward Dh4 trillion target
- UAE: Strong sales push Emaar's profit to Dh10.4 billion during first 6 months of 2025
23/05/2017 09:26 AST
Bahrain's Al Baraka Banking Group has given an initial price guidance in the low- to mid-8 percent area for a potential U.S. dollar-denominated Tier 1 sukuk non-callable for five years, a document issued by one of the banks leading the deal showed on Tuesday.
The Islamic bond would be of benchmark size, which usually means upwards of $500 million, and is expected to price later on Tuesday.
The Bahraini financial institution, rated BB+ by Standard & Poor's, has mandated Standard Chartered Bank as global coordinator and Bank ABC, Dubai Islamic Bank, Emirates NBD Capital, KFH Capital, Noor Bank, QInvest and Standard Chartered Bank as joint bookrunners.
Reuters
07/12/2017
Al Baraka Bank has been recognised as the 'Best Performing Islamic Bank' in Bahrain during the 24th World Islamic Banking Conference (WIBC) that concluded yesterday on a high note in the Kingdom. <
News of Bahrain
19/10/2017
Dagong Global Credit Rating Company Limited ("Dagong") and Islamic International Rating Agency ("IIRA") have jointly maintained foreign and local currency ratings assigned to AlBaraka Banking Group (
CP Financial
01/06/2017
Following a 15 year presence in the Shari'ah compliant market, ABG has successfully completed the transaction of its maiden Sukuk issuance. The Sukuk was well received in the GCC, Asian and European
CPI Financial
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07/08/2025
Doha Bank is enhancing its digital payroll solutions for government entities through the expansion of its secured "Tadbeer" platform.
Designed to streamline salary upload services, the platf
Gulf Times
07/08/2025
ADNOC has been ranked the sixth most valuable energy brand in the world, according to Brand Finance's 2025 Energy 100 report.
The company's brand is now valued at US$19 billion, a 25 percent
Gulfnews
07/08/2025
Dr Soliman Abdel Kader Fakeeh Hospital Company and its Subsidiaries ("Fakeeh Care Group", "FCG", "Fakeeh Care", the "Company" or the "Group"), a leading fully integrated academic healthcare provider
Saudi Gazette
07/08/2025
Emaar Properties on Wednesday announced net profit before tax increased to Dh10.4 billion in the first half of 2025, a growth of 34 per cent compared to the same period last year, driven by robust pe
Khaleej Times
07/08/2025
Saudi Aramco has increased the official selling price of its flagship Arab Light crude for Asian buyers in September.
The state-owned energy giant raised the Arab Light price by $1 per barre
Arab News
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