Mashreq announces pricing of its $300mln debut offering

Mashreqbank, one of the leading financial institutions in the UAE, today (July 2) announced the pricing of an aggregate principal amount of $300 million of its 8.5% Perpetual Non-callable 5-year […]
Emirates NBD REIT’s 2021 net income drops 18% to $9.5mln

The net rental income of ENBD REIT, the Shariah-compliant real estate investment trust managed by Emirates NBD Asset Management Ltd., fell by nearly 18 percent to $9.5 million for the full […]
Fitch affirms Bank of Sharjah’s ‘BBB+’ rating; outlook stable

Fitch Ratings has affirmed Bank of Sharjah’s long-term issuer default rating (IDR) at ‘BBB+’ for the second year in a row, with a stable outlook. Affirming Bank of Sharjah’s rating […]