Saudi Arabia has huge infrastructure plans over the next decade as the sovereign looks to shift its focus away from oil, but convincing international lenders to finance the projects is integral to the country’s ambitions.
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The rating agency has set Jordan’s rating at BB- with stable outlook, reflecting a strong reform agenda offset by high levels of public debt.
Looking to generate more liquidity, the stock exchanges of seven Central and Eastern European countries have agreed to launch a joint index for their largest and most liquid stocks.
Edward Opare-Donkor and Sameul Aidoo, two industry veterans, are promoted to deputy managing directors.
It’s about time. The UK sees a woman rise to the top of one of its ‘big four’ banks.
The new African energy giant will help plug the continent’s power deficit, with former banker Banda at the helm.
The Abu Dhabi Crude Oil Pipeline caught investors’ attention with a US$3bn debut in the international bond markets that saw massive demand. The successful deal heralds a capital-intensive period for the pipeline’s parent company, which plans to deploy around US$109bn over the next five years.
So far this year, Slovakia has issued its longest bond ever and launched a bond trading venue with MTS. The debt agency (ARDAL) explains more.
The UK fintech company, which is due to launch in India and Australia, has announced a ‘disruptive’ new service tapping the UK’s open banking initiative.
The US$10.9bn facility is poised to create thousands of job opportunities and revolutionise Egypt’s domestic manufacturing sector.
The long-awaited IPO for Slovenia’s largest bank is underway, with Nova Ljubljanska Banka (NLB) intending to sell three quarters of its shares domestically and in London in the coming months.
Sukuk issuances have fallen this year relative to last, with a lack of jumbo transactions from GCC countries and limited corporate offerings.