Business Blog

U.K. mandates banks for maiden sovereign sukuk "in coming weeks"

The British government has mandated banks to arrange a five-year 200 million pound (USD 336 million) sukuk - the world&aposs first Islamic bond to be issued by a Western sovereign.

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The next billionaires

What do we know about the new generation of the ultra-rich?

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Six Local Insurers Compete for Cairo Airport's $600mn Insurance Policy

Six Egyptian insurance companies are competing to win the tender announced by Cairo International Airport about issuing an insurance policy for the airport's assets and buildings.

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How Hong Kong went cashless

Everyone knows Hong Kong as the buzzy island city home to over seven million people perpetually on the move.{MBD} {IMAGE}

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Dentons hosts a successful series of debt capital markets roundtables

Dentons hosted the latest in a series of successful workshops across the Middle East for key corporate and financial institution clients on hybrid debt capital markets issuances.

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Jordan studies sukuk issue but aid may prove more tempting

Jordan's government is studying a proposal to issue its first Islamic bond but pressure to cut public debt and a preference for concessionary loans from aid donor countries could hinder the plan.

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