Fitch Ratings has assigned an A+ rating to QIB Sukuk Ltd’s $750m five-year trust certificates. QIBSL is a special purpose vehicle (SPV), incorporated in the Cayman Islands to act as the issuer of the certificates and trustee for the holders…
Tag: sukuk
MEED Oman conference told borrowing and privatisation on the agenda as the sultanate faces up to lower oil prices
Al Bustan Palace, Oman. 27 October 2014. The annual MEED Oman Projects conference was told today that lower oil prices will increase pressure for the government to borrow and privatise as it seeks to maintain investment in major infrastructure projects.…
Ras al-Khaimah gets S&P population warning: The National
Standard & Poor’s (S&) said on 8 May that it might downgrade the credit rating for Ras al-Khaimah as a result of doubts about the accuracy of population data published by the emirate, one of seven that make up the UAE,…