Banking - Middle East archive

Month

  • Jan
  • Feb
  • Mar
  • Apr
  • May
  • Jun
  • Jul
  • Aug
  • Sep
  • Oct
  • Nov
  • Dec

Channel correspondent


Deal analysis

  • GCC’s first green sukuk signals a changing tide

    27 June 2019

    Majid Al Futtaim’s $600 million paper sets the bar for future issuers and capitalises on a global trend towards sustainable investing

  • DEAL: Bahrain’s first LNG

    12 January 2017

    It’s also the first time a project like this has been done on a PPP basis in the Middle East – all without enabling legislation

  • MB sukuk hopes to kickstart Oman market

    08 August 2016

    A late starter in the Islamic finance market, the GCC country is putting new shariah-compliant bond regulations to the test

  • Saudi Arabia’s first Basel III AT1 sukuk explained

    09 July 2015

    Balancing Basel III requirements with shariah principles presented a significant challenge

  • Project Safi unlocks shariah finance for PPPs

    13 October 2014

    The first cross-border Islamic financing of an independent power project has created a new source of liquidity for PPPs across the Middle East and North Africa

  • Shariah-compliant Basel III: structural issues explained

    11 November 2013

    Shariah-compliant regulatory capital issuances from banks in the GCC are becoming more prevalent. But several challenges lie in wait in the drive to create shariah-compliant bank capital structures

  • How Sadara-Dow will transform Saudi chemicals market

    09 July 2013

    The main financing for Sadara Chemical Company’s project financing has just completed. The deal is the biggest of its kind and is set to transform the Middle East’s petrochemicals sector

  • Islamic finance’s future explained

    19 February 2013

    In January, the Islamic finance information service released its Islamic bonds or sukuk deal flow data. It revealed exactly how far the Islamic finance market progressed in 2012

  • Project sukuk first sets intercreditor precedent

    21 December 2011

    The first shariah-compliant greenfield project bond combined a sukuk with international-standard project bond intercreditor techniques to allow the landmark accession of the sukuk to the wider financing market

  • Landmark Nakheel restructuring features sukuk first

    07 September 2011

    One of the Middle East’s most complex restructurings has completed through the unique use of a sukuk. Lawyers in the region predict the technique will now be used frequently in UAE restructurings

  • First Islamic repo analysed

    01 September 2011

  • First Middle East samurai bonds explained

    31 August 2011

    The National Bank of Abu Dhabi has become the first Middle Eastern financial institution to successfully issue samurai bonds

  • First Islamic repo transaction explained

    11 August 2011

    The first Islamic repo product in the GCC area has been executed in Abu Dhabi, giving the region’s Islamic banks a new tool to manage short-term liquidity. Here's how it was done

  • Dubai financing creates novel receivables technology

    13 July 2011

    One of the year’s most innovative Middle East project financings has closed, incorporating receivables-based technology usually found in securitisation deals

  • HSBC’s groundbreaking sukuk explained

    24 June 2011

    HSBC Middle East’s updated $5 billion sukuk programme and a $500 million issuance has successfully navigated the UAE’s real estate laws by adopting the mudaraba concept

  • Middle East solar first explained

    08 March 2011

    The risk allocation and security structure in the Middle East’s first solar project offers promising signs for future renewable power developers in the region – including the carbon-neutral Masdar City initiative

  • Middle East solar first explained

    08 March 2011

    The risk allocation and security structure in the Middle East’s first solar project offers promising signs for future renewable power developers in the region – including the carbon-neutral Masdar City initiative

  • How to structure shariah high-yield covenants

    16 September 2010

    The Dar Al Arkan sukuk showed how a shariah-compliant transaction could be structured on conventional high-yield principles, further opening up Islamic financing

  • Mezzanine first in Middle East

    02 August 2010

    Metito Utilities’ mezzanine capital raise is the first hybrid deal of its kind in the Middle East