GulfBase Live Support
Arab Petroleum Investments Corporation (APICORP) has mandated banks to arrange a series of fixed income investor meetings ahead of a potential five-year benchmark U.S. dollar-denominated sukuk sale, a document issued by one of the banks showed on Wednesday.
A benchmark deal is usually upwards of $500 million. Meetings will start on October 19 in Riyadh and end on October 24 in London.
APICORP has hired Bank ABC, Crédit Agricole Corporate and Investment Bank, Emirates NBD Capital, First Abu Dhabi Bank, HSBC, KFH Capital and Standard Chartered Bank as joint lead managers and bookrunners for the planned deal.
The decision this year of the International Maritime Organization (IMO), a specialized agency of the United Nations, to introduce new rules aimed at reducing the cap on the sulfur content of marine f
Faced with a financial crisis at home, Pakistan Prime Minister Imran Khan’s first visit to Saudi Arabia could provide a much needed boost to the country’s political and economic confidence, experts s
Oman’s central bank raised OMR30.40 million by way of allotting treasury bills on Tuesday.
The treasury bills are for a maturity period of 28 days, from Wednesday until October 17, 2018.
Times of Oman
The Abu Dhabi Executive Council’s Executive Committee has revealed the details of the business and investment encouragement tenet as part of the Abu Dhabi Government Accelerators Programme “Ghadan 21
The United Arab Emirates has achieved a new accomplishment in ICT global competitiveness by achieving advanced ranks in the Global Competitiveness Index, according to the results published recently b
The Gulf Today