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KUWAIT BOND SALE
Kuwait raises $6 billion in three-tranche bond sale, finance ministry saysKuwait has triumphantly secured six billion dollars through its latest sovereign bond issuance, representing its first issuance since Octob...
Gulf companies are set to reveal the unequal toll of Iran warGulf companies will reveal the regional financial impact of the conflict this week. Banks and real estate sectors face challenges due to in...
Rupee slips as oil prices jump, modest portfolio inflows cushion fallThe Indian rupee weakened slightly on Wednesday due to Middle East hostilities. Renewed conflict lifted oil prices, impacting risk sentimen...
Hormuz halt forces Middle East trade into huge rewiringA year after a US-Israel and Iran conflict, Siemens Energy explored alternative routes to Dammam, Saudi Arabia, due to potential Strait of ...
Wall Street pushes to more records as profits keep piling up for US companiesU.S. stocks hovered near record highs as strong corporate earnings, led by Snowflake and Dollar Tree, offset macro concerns. Oil price vola...
US stocks today: US stocks hold near records even as crude oil prices rise againU.S. stocks hover near record highs despite economic pressures from the conflict with Iran. While oil prices rebound, strong corporate prof...
Oil prices, fuel to put a stop to war?Oil markets are experiencing a dramatic spike in prices following the unexpected closure of the Hormuz Strait, leading to significant suppl...
Kuwait launches $11.25 billion 3-part bond: IFRKuwait sold $11.25 billion in bonds. This was its first bond sale in eight years. The Gulf oil exporter offered a three-tranche bond. It at...
Dubai Aerospace Enterprise sells $750 million in five and a quarter years sukukDAE had given initial price guidance of around 4.375% for the Islamic bonds earlier on Thursday, according to a separate document also from...
Kuwait International Bank sells $300 million sukuk: DocumentGulf issuers have turned to international debt markets to plug finances hit by weak oil prices and the COVID-19 pandemic, with 2020 issues ...
National Bank of Kuwait tightens guidance for $300 million bonds: SourcesCiti and NBK Capital are arranging the deal, which is expected to close later on Tuesday, the sources said. Citi declined to comment and NB...
Sovereign borrowing in foreign currencies: Original sin or salvation?The nation would now raise loans in London, New York or Tokyo.
Market Movers: Sebi lens on FPIs, likely concessions for exporters & moreA lowdown on top macro triggers that may move market on Monday.
HIAL may sell offshore bonds to raise $350mnAlthough borrowing abroad would be slightly costly at present, the debt-laden company would be able to raise much more money overseas than ...
Bharti Airtel set to sell stake in landline, enterprise business to cut debtBharti Airtel is learnt to be looking at an enterprise valuation of about Rs 17,000 cr for its fixedline unit and about Rs 6,500 cr for its...
- Airtel taps global bond market to raise $1 billion
Bharti Airtel’s scrip rose 1.46 per cent on the BSE on Monday and closed at Rs 315.5 after touching the day’s high at Rs 316.9.
Bharti Airtel lines up equity issue after a decade; plans to issue new shares to public or QFIsBharti is exploring issuing new shares to the public, heralding the possible return of India's biggest telecom company to the equity market...
- Kuwait's Zain to pay huge dividend despite profit slump
Kuwait's Zain telecom, on the verge of closing a 10.7-billion-dollar deal to sell its African operations, decided on Thursday to distribute...
- Qatar buys Credit Suisse shares; lines up $15 billion spend
Qatar is buying shares in Credit Suisse and plans to spend as much as $15 billion on European and US bank stocks over the next year.
- Govt to use IT to simplify tax administration, increase collections
Better tax administration has been high on the FM’s agenda. So, a large part of what he sought to achieve in the last Budget has moved forw...