News

IsDB issues landmark US$2.5bn sustainable Sukuk

The Islamic Development Bank’s largest sustainable Sukuk issuance and its largest every US dollar denominated funding ignites the Islamic finance market across the GCC region where a shift towards Shariah-compliant instruments is accelerating.

Battered air sector seeks safe landing

The aerospace industry was one of the hardest hit by the coronavirus pandemic with the entire business model becoming near unviable in a matter of days. Almost a year later and there still seems to be no clear route out for the industry.

Brexit and the City

The Brexit deal has posed challenges for London-based financial services firms, which look set to lose some of their EU business as a result. 

Debt hungry sovereign faces rocky road ahead

The Romanian sovereign has hit international bond markets three times this year to raise more than €12bn-equivalent, and there has been renewed M&A interest from international companies looking at the country’s corporate sector. However, analysts are still warning that it will take until at least 2022 for GDP to return to pre coronavirus pandemic levels.