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- Commercial Bank, Microsoft co-host first DHL4SMEs workshop
- Dukhan Bank announces April winners in Thara'a savings account prize draw
- Qatar advances sustainable desalination with innovative technologies
- E-payments account for 79% of Saudi retail transactions in 2024: SAMA
- Fitch sees resilient credit metrics for Omani banks in 2025
- Bank Muscat's Q1 profit rises 8% to RO58.5mn
- Dubai gold price hits another record after near Dh7 a gram rise
- Europe enjoying some 'exorbitant privilege' as funds head home
- Dubai listed companies buck wider declining GCC trend
- E& shareholders approve 83 fils dividend per share for FY 2024
14/06/2015 18:23 AST
Saudi Arabia's Najran Cement has raised 400 million riyals ($106.7 million) through an Islamic bond of five years duration, it said in a statement on Sunday.
The sukuk was privately placed with investors and was priced at 1.4 percent over the three-month Saudi interbank offered rate (Saibor), the firm said in a stock market filing.
In May, Najran Cement said it would issue a riyal-denominated sukuk which will be used to refinance debt and for general purposes.
Saudi Fransi Capital, the investment banking arm of Banque Saudi Fransi, was the sole lead manager for the transaction.
Reuters
17/06/2015
International law firm Clifford Chance has advised Najran Cement Company on its debut sukuk issuance. The sukuk was issued with a face value of SAR400 million, with a floating profit rate linked to S
Press Release
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| SABIC | 61.30 | 0.00 (0.00 |
| MAADEN | 45.05 | 0.10 (0.22 |
| SABICAGRINUTRIENTS | 102.80 | -0.40 (-0.39 |
| MARBLEDESIGN | 78.90 | 0.00 (0.00 |
| LIMEINDUSTRIES | 12.54 | -1.16 (-8.47 |
16/04/2025
Commercial Bank, a leader in innovative digital banking solutions in Qatar, in collaboration with Microsoft, hosted the first DHL4SMEs workshop on digital and financial strategies for SMEs at Commerc
The Peninsula
16/04/2025
Dukhan Bank announced the names of the most recent round of draw winners for Thara'a, its Shariah compliant savings account, at the Bank's headquarters.
The draw was conducted under the supe
The Peninsula
16/04/2025
Bank Muscat, the largest financial institution in Oman, reported a net profit of RO58.56mn for the first quarter of 2025, compared to RO54.24mn reported during the same period in 2024, reflecting a y
Muscat Daily
16/04/2025
E& shareholders on Tuesday approved the Board's recommendation for FY 2024 of cash dividend of 83 fils (Dh0.83) per share for the fiscal year 2024.
Jassem Mohamed Bu Ataba Alzaabi, Chairman
Khaleej Times
15/04/2025
Dukhan Bank, Qatar's leading provider of Sharia-compliant financial solutions, has launched a new House Finance campaign offering customers exclusive benefits, including a competitive profit rate as
The Peninsula
Financial Information Co.
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