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  • The privatization of Sahara Bank by the Libyan Central Bank has resulted in the debut share block sale on the Tripoli Stock Exchange
  • ETF Securities, the global pioneers in Exchange Traded Commodities (ETCs), have appointed Feargal Dempsey as head of legal.
  • The Loan Market Association (LMA) announced on July 19 2007 several new appointments to its board.
  • White & Case has hired Jean-Paul Tran Thiet, who will be joining the firm at the end of summer 2007. He will co-head White & Case's Paris competition practice in conjunction with Jean-Patrice de La Laurencie
  • Investors are voicing their anger at Bear Stearns as the bank today revealed its two beleaguered hedge funds had been hit worse than the market expected
  • In a deal containing the first public takeover offers for companies listed on the Dubai Financial Market, Emirates Bank International and National Bank of Dubai are set to merge
  • As part of the county's push towards an international, common law legal system, Qatar has announced it will unify its regulators into one supervisory body.
  • In a sign of a swing towards a more bearish market, new bond issuance is up 13% so far this year, according to the International Capital Markets Association (ICMA). The past few years have seen investors flock to ever more exotic products in search of higher margins, but the ICMA's latest figures could be evidence of a flight to quality in the debt markets.
  • Real estate developer Dar Al Arkan has closed its second ever sukuk issuance, the largest ever from a Saudi corporate. The $1 billion sukuk is due to be listed on the Dubai International Financial Exchange and the Labuan International Financial Exchange in Malaysia.
  • Despite repeated blocks from Taiwan's financial regulator, the country's private equity market received a boost this week as Carlyle invested in a local bank