CEE & Turkey
CASE STUDY: Emirate of Sharjah Brings Rare RMB2bn Panda to Middle East Market
The trailblazing issuance by the state government could open doors to China’s onshore market to other Middle East issuers as part of the “Bond Connect” initiative.
2 Aug 2018
Turkey: What does the Financial Stability Report Tells Us?
The Central Bank of Turkey recently published its financial stability report and it tells us a lot about the economic risks and opportunities moving forward more broadly. Manulife analyst Richard Segal provides a digest of the report and assesses the implications for Turkey’s economy.
27 Jul 2018
Turkey’s Post-Election Challenge: Keeping Monetary and Fiscal Policy in Sync
With a landmark national election in Turkey now having come to pass, we speak with Naz Masraff, Director for Europe at Eurasia Group, a leading political risk consultancy, about the policy mix needed to lift the country out of a tough economic situation.
13 Jul 2018
EM Bond Outlook: Better 2H 2018 Expected
It has been a tough start to the year for emerging market bonds, but things are looking up as we head into 2H 2018 – you just need to know where to look.
12 Jul 2018
CASE STUDY: Dubai Aerospace Gets Lift-Off on USD480mn Dual-Tranche Murabaha RCF
Dubai Aerospace Enterprise (DAE) has signed a landmark unsecured four-year dual-tranche revolving credit facility with an initial commitment of USD480mn and an accordion feature that allows the facility to be increased to up to USD800mn. The deal was one of the largest conventional/Islamic transactions in the region.
11 Jul 2018
GCC Bonds: Is the Worst Behind Us?
In line with our expectations at the beginning of the year, YTD total return on Barclays Bloomberg GCC index has been a loss of 2.67%, almost entirely attributed to the increase in benchmark UST yields.
9 Jul 2018
Rajat Sapra, Bank ABC Goes Sector-by-Sector on GCC Debt Capital Markets Pipeline
Rajat Sapra, Group Head, Capital Markets at Bank ABC sat down with Bonds & Loans at the Bonds, Loans & Sukuk 2018 conference in Dubai to go sector-by-sector on the key drivers for new issuance in the GCC through the remainder of this year, and dispel myths surrounding the impact of rising interest rates on borrowers
5 Jul 2018
Hamid Butt, Head of Investment Banking at Noorbank on Why Sukuk is Growing in 2018
Hamid Butt, Head of Investment Banking at Noorbank sat down with Bonds & Loans at the Bonds, Loans & Sukuk 2018 conference in Dubai to talk about why sukuk is gaining mainstream acceptance from investors from outside the GCC.
26 Jun 2018
Usman Ahmed, Emirates NBD Asset Management on Growth in Sharia-Compliant Assets
Usman Ahmed, Managing Director at Emirates NBD Asset Management sat down with Bonds & Loans at the Bonds, Loans & Sukuk 2018 conference in Dubai to talk about the growth of the asset management segment in the GCC.
19 Jun 2018
Reforms Amplify Uncertainty in Saudi Arabia’s Real Estate Sector
Saudi Arabia’s grand ambitions to create new large-scale residential, industrial, “shoppertainment” and other mixed-use developments could be a boon for the country’s – indeed the region’s – real estate developers, investors and financiers. But the sector’s potential has never looked so mixed.
14 Jun 2018