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Middle East Africa Fixed Income

Abu Dhabi sells $3bn in bonds with April re-opening

Oil-rich Abu Dhabi issued in April $7 billion in bonds due in 2025, 2030 and 2050, just after a jumbo $10 billion b

Published 19 May, 2020 04:42pm

Middle East Africa Fixed Income

Orders for Qatar dollar bonds issue top $25bn

Qatar kept for the time being its initial price guidance unchanged at around 335 basis points over US Treasuries fo

Published 07 Apr, 2020 11:07am

Middle East Africa Fixed Income

Turkish lira slides as manufacturing, trade begin to buckle

It dropped to 48.1 from 52.4 a month earlier on softer output and new orders, while firms scaled back purchasing ac

Published 01 Apr, 2020 02:11pm

Middle East Africa Fixed Income

UAE's ADNOC eyes bond issue amid low interest rates

The UAE, the third-largest oil producer in the Organization of the Petroleum Exporting Countries (OPEC) behind Saud

Published 02 Oct, 2019 11:59am

Middle East Africa Fixed Income

South Africa's 3-month T-bill average yield rises to 7.14pc

JOHANNESBURG: South Africa sold 3.167 billion rand ($215.77 million) of three-month Treasury bills, more than the 2.4 bi

Published 02 Aug, 2019 11:39am

Middle East Africa Fixed Income

Israel sells $138mn in private bond sale to Japanese investor

JERUSALEM: Israel raised 15 billion yen ($138 million) in a private placement of bonds to a large Japanese institutional

Published 29 Jul, 2019 12:57pm

Middle East Africa Fixed Income

South Africa, Eskom dollar bonds hit by Moody's, Fitch warnings

LONDON: South Africa's government dollar bonds dropped to their lowest in more than a month on Friday and power util

Published 26 Jul, 2019 08:15pm

Middle East Africa Fixed Income

South Africa's 3-month T-bill average yield edges up to 7.11%

JOHANNESBURG: South Africa sold 3.514 billion rand ($247 million) of three-month Treasury bills, more than the 2.4 bill

Published 26 Jul, 2019 04:16pm

Middle East Africa Fixed Income

Saudi Arabia sells 5.2bn riyals in sukuk monthly issuance

RIYADH: Saudi Arabia sold 5.2 billion riyals ($1.4 billion) in sukuk, or Islamic bonds, in its local monthly issue f

Published 22 Jul, 2019 09:13pm

Middle East Africa Fixed Income

Dubai-based GEMS hires banks for $800mn dual-currency bond

DUBAI: Dubai-based GEMS Education has hired banks to arrange investor meetings ahead of a potential issuance of inte

Published 17 Jul, 2019 01:49pm

Middle East Africa Fixed Income

Zambia dollar bonds soar after president swaps finance minister

LONDON: Zambia's dollar-denominated government bonds jumped on Monday after the country's president sacked Finance M

Published 15 Jul, 2019 01:50pm

Financial

Tunisia sells 700mn euro seven-year bond

TUNIS: Tunisia has sold a seven-year euro-denominated bond worth 700 million euros at an interest rate of 6.37 percent,

Published 10 Jul, 2019 07:09pm

Middle East Africa Fixed Income

Saudi Arabia's Savola Group issues 1bn riyals sukuk

DUBAI: Savola Group, Saudi Arabia's largest food products company, has raised 1 billion riyals ($267 million) in suk

Published 09 Jul, 2019 12:26pm

Middle East Africa Fixed Income

South Africa's Eskom dollar bonds rally as govt weighs extra support options

LONDON: Dollar-denominated bonds issued by South Africa's Eskom gained on Thursday after a senior treasury official

Published 04 Jul, 2019 12:34pm

Middle East Africa Fixed Income

Saudi Arabia says raised 3bn euro in bonds

DUBAI: Saudi Arabia's Ministry of Finance said on Wednesday it sold 3 billion euro in bonds split into a 1 billion e

Published 03 Jul, 2019 03:13pm

Middle East Africa Fixed Income

Saudi Arabia raises 3 billion with debut euro bond

DUBAI: Saudi Arabia has raised 3 billion euros from over 14.5 billion worth of orders for it first bond denominated in e

Published 03 Jul, 2019 09:10am

Middle East Africa Fixed Income

Saudi Arabia widens funding base with dual-tranche debut euro bond

DUBAI: Saudi Arabia has hired a group of banks including Goldman Sachs and Societe Generale to arrange a global inve

Published 01 Jul, 2019 02:15pm

Financial

Egypt aims to tap debt markets for up to $7bn in new financial year

LONDON: Egypt will tap debt markets for between $4 billion and $7 billion in the coming financial year starting in J

Published 25 Jun, 2019 03:29pm

Middle East Africa Fixed Income

South African rand firms after dovish Fed, focus on Ramaphosa speech

JOHANNESBURG: South Africa's rand raced to a five-week high and government bonds firmed on Thursday after the U.S. Feder

Published 20 Jun, 2019 09:28am

Middle East Africa Fixed Income

Egypt plans bond denominated either in yuan or yen or South Korean won

Egypt plans to issue an international bond in either the Chinese, Japanese or South Korean currency in the coming fiscal

Published 18 Jun, 2019 04:09pm

Middle East Africa Fixed Income

Nigeria has no plans to go to eurobond market this year

LAGOS: Nigeria has no plans to return to the eurobond market this year, after a sixth outing in November raised $2.86 bi

Published 18 Jun, 2019 02:36pm

Middle East Africa Fixed Income

Turkey's Treasury taps 2-yr benchmark bond at 25.31pc yield

ISTANBUL: Turkey's Treasury said on Tuesday it tapped its two-year benchmark bond at a yield of 25.31pc, selling a net 1

Published 14 May, 2019 09:29pm

Middle East Africa Fixed Income

Nigerian bonds rally on central bank governor's nomination, stocks falter

ABUJA: Nigerian bonds rallied on Friday and the naira firmed but shares fell on expectations that tight monetary policy

Published 10 May, 2019 07:37pm

Middle East Africa Fixed Income

Nigeria bonds, naira rally after central bank governor gets second term nomination

ABUJA: Nigerian bonds rallied and the naira currency firmed on Friday after central bank governor Godwin Emefiele wa

Published 10 May, 2019 11:40am

Middle East Africa Fixed Income

UAE's Majid Al Futtaim to raise up to $650mn in green sukuk

DUBAI: Majid Al Futtaim, a UAE-based developer and shopping mall operator, is set to raise between $500 million and

Published 07 May, 2019 11:59am

Middle East Africa Fixed Income

Saudi Arabia drops to near-8 month low, major Gulf markets slide

Saudi Arabia's stock market fell sharply to hit a near eight month low on Monday, as oil prices weighed on its finan

Published 06 May, 2019 03:50pm

Middle East Africa Fixed Income

Egypt to auction $1bn in one-year dollar T-bills

CAIRO: Egypt will auction $1 billion worth of one-year dollar-denominated treasury bills on Monday, the central bank

Published 02 May, 2019 03:55pm

Middle East Africa Fixed Income

Oman readies US dollar bond sale

DUBAI: Oman is preparing a sale of US dollar-denominated bonds, two sources familiar with the matter said, as the su

Published 30 Apr, 2019 02:52pm

Middle East Africa Fixed Income

Saudi wealth fund ‘not in a hurry’ to issue bonds, considers funding options

RIYADH: Saudi Arabia's sovereign wealth fund Public Investment Fund (PIF) is "not in a hurry" to issue bonds but is

Published 25 Apr, 2019 01:40pm

Financial

Kenya ready to issue new Eurobond to refinance maturing bond

NAIROBI: Kenya is ready to issue a new Eurobond and also plans to refinance a maturing 5-year dollar bond, Finance M

Published 25 Apr, 2019 01:19pm

Middle East Africa Fixed Income

Aramco does not plan more bonds this year

RIYADH: Saudi Aramco, the world's largest oil firm, will not issue more bonds this year after its debut $12 billion

Published 25 Apr, 2019 01:05pm

Middle East Africa Fixed Income

Saudi Real Estate Refinance Co plans up to 4bn riyal sukuk sale this year

RIYADH: Saudi Real Estate Refinance Co (SRC), modelled on US mortgage finance firm Fannie Mae, aims to issue up to 4

Published 23 Apr, 2019 01:30pm

Middle East Africa Fixed Income

AFRICA-FX-Most African currencies seen under pressure, Nigeria's stable

NAIROBI: Kenyan, Tanzanian and Zambian currencies are likely to come under pressure against the US dollar next week but

Published 18 Apr, 2019 03:26pm

Middle East Africa Fixed Income

South Africa's 3-month T-bill average yield rises to 7.28 pc

JOHANNESBURG: South Africa sold 2.4 billion rand ($172 million) of three-month Treasury bills, at an average yield of 7

Published 12 Apr, 2019 01:40pm

Middle East Africa Fixed Income

Aramco breaks record as demand for its bond tops $85 billion

DUBAI: Orders for Saudi Aramco's debut international bonds topped $85 billion, sources familiar with the matter said, a

Published 09 Apr, 2019 09:01am

Financial

South Africa's 3-month T-bill average yield rises to 7.14 pc

JOHANNESBURG: South Africa sold 2.3 billion rand ($163.2 million) of three-month Treasury bills, at an average yield of

Published 05 Apr, 2019 02:13pm

Middle East Africa Fixed Income

Egypt says 2 bn eurobond offer completes international debt auction for FY 18/19

CAIRO: Egypt said on Friday it would not return to the international debt market during the current financial year endin

Published 05 Apr, 2019 01:57pm

Middle East Africa Fixed Income

Egypt set to raise 2 billion euro with dual-tranche bond

DUBAI: Egypt is set to raise 2 billion euro ($2.24 billion) with a dual-tranche bond of six and 12 years, according to a

Published 04 Apr, 2019 02:22pm

Middle East Africa Fixed Income

UAE's RAKBANK plans $500mn sale of five-year bonds

DUBAI: The National Bank of Ras Al-Khaimah (RAKBANK) is set to raise $500 million in five-year bonds, offering investors

Published 02 Apr, 2019 02:10pm

Middle East Africa Fixed Income

Qatar sells 600 million riyal of T-bills in auction - statement

DUBAI: Qatar's central bank sold 600 million Qatari riyals of treasury bills at an auction, central bank data showed on

Published 02 Apr, 2019 02:05pm

Middle East Africa Fixed Income

Nigerian bond yields drop after surprise central bank rate cut -traders

ABUJA: Nigerian bond yields fell marginally, a day after the central bank unexpectedly announced am interest rate cut ai

Published 27 Mar, 2019 12:48pm

Financial

Qatar targets around $10billion with jumbo bond issue

DUBAI: Qatar is expected to announce this week a jumbo international bond issue which could be in the region of $10 bill

Published 05 Mar, 2019 08:18am

Middle East Africa Fixed Income

Kenya's domestic debt refinancing risks rise as more bonds mature

NAIROBI: Kenya's government faces increased refinancing or roll over risks as more domestic bonds mature within the next

Published 18 Feb, 2019 01:19pm

Middle East Africa Fixed Income

South Africa's 3-month T-bill average yield falls to 7.34 percent

JOHANNESBURG: South Africa sold 1 billion rand ($71 million) of three-month Treasury bills on Friday, at an average yiel

Published 15 Feb, 2019 02:50pm

Middle East Africa Fixed Income

Saudi bonds index inclusion could pull in another $7bn - BAML

LONDON: Saudi Arabia could see another $7 billion pour into its sovereign debt markets as investors prepare for the king

Published 21 Jan, 2019 01:23pm

Middle East Africa Fixed Income

Egypt has not set date or value for bond issue on Asian market

Egypt has not set a date for issuing bonds on the Asian market or decided their amount and in what currency they would b

Published 14 Jan, 2019 08:17am

Middle East Africa Fixed Income

Saudi Arabia's new $7.5 billion bonds trade up at market opening

DUBAI: Saudi Arabia's newly issued international bonds are up 1 point in early trade, fund managers said, in a further s

Published 10 Jan, 2019 10:05am

Financial

Saudi Arabia tests demand for Gulf debt with dollar bond

DUBAI: Saudi Arabia plans to issue U.S. dollar-denominated bonds on Wednesday, targeting longer dated maturities in

Published 09 Jan, 2019 11:53am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 4	277.97
USD PKR Interbank Buying / Dec 4	277.77
USD to Japanese Yen / Dec 4	150.37
USD to Swiss Franc / Dec 4	0.89
Pound Sterling to USD / Dec 4	1.27
Euro to USD / Dec 4	1.05

Stock	Volume
S&P 500 / Dec 3	6,049.87
Nasdaq / Dec 3	19,480.91
Dow Jones / Dec 3	44,705.53
India Sensex / Dec 4	80,956.33
Tokyo Nikkei / Dec 4	39,276.39
Hang Seng / Dec 4	19,742.46
FTSE 100 / Dec 4	8,328.12
Germany DAX 30 / Dec 4	20,195.75

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 3	17,685
Crude Oil USD/Barrel / Dec 4	70.17
Gold 10 Grams PKR / Dec 4	235,940
Gold Spot USD/Ounce / Dec 4	2,644.45
Cotton US¢/pound / Dec 4	71.11
Petrol/Litre / Dec 5	252.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 5 786 Investments Limited(786)	7.17 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 5 Al-Abbas Sugar Mills Limited(AABS)	639.72 ▼ 0.00 (0.00%)
Agro Allianz / Dec 5 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 5 Ali Asghar Textile Mills Limited(AATM)	64.26 ▼ 0.00 (0.00%)
Allied Bank / Dec 5 Allied Bank Limited(ABL)	151.49 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 5 Abbott Laboratories (Pakistan) Limited(ABOT)	1,117.32 ▼ 0.00 (0.00%)
Abson Ind. / Dec 5 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 5 Alfalah Consumer Index ETF.(ACIETF)	13.57 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 5 786 Investments Limited(786)	7.17 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 5 Al-Abbas Sugar Mills Limited(AABS)	639.72 ▲ 0.00 (0.00%)
Agro Allianz / Dec 5 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 5 Ali Asghar Textile Mills Limited(AATM)	64.26 ▲ 0.00 (0.00%)
Allied Bank / Dec 5 Allied Bank Limited(ABL)	151.49 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 5 Abbott Laboratories (Pakistan) Limited(ABOT)	1,117.32 ▲ 0.00 (0.00%)
Abson Ind. / Dec 5 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 5 Alfalah Consumer Index ETF.(ACIETF)	13.57 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Dec 5 Worldcall Telecom Limited(WTL)	257,531,069 ▲ 0.00
Cnergyico PK / Dec 5 Cnergyico PK Limited(CNERGY)	213,200,271 ▲ 0.00
Pak Int.Bulk / Dec 5 Pakistan International Bulk Terminal(PIBTL)	89,650,764 ▲ 0.00
Pak Elektron / Dec 5 Pak Elektron Limited(PAEL)	75,744,156 ▲ 0.00
Power Cement / Dec 5 Power Cement Limited(POWER)	69,203,491 ▲ 0.00
Pak Refinery / Dec 5 Pakistan Refinery Limited(PRL)	58,983,939 ▲ 0.00
Sui South Gas / Dec 5 Sui Southern Gas Company Limited(SSGC)	37,808,495 ▲ 0.00
Symmetry Group / Dec 5 Symmetry Group Limited(SYM)	34,391,285 ▲ 0.00
TPL Properties / Dec 5 TPL Properties Limited(TPLP)	33,952,255 ▲ 0.00

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