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Al Hilal Bank issues $100 million private placement sukuk

Abu Dhabi / Emirates Business Aiming to diversify its funding base and tenors, Al Hilal Bank has issued a $100 million private placement Sukuk. This is the third issuance under Al Hilal Bank’s $2.5 billion Euro Medium Term Note (EMTN) programme. The two-year $100 million RegS floating rate Sukuk was priced at three-month LIBOR + 90 bps. The deal was ...

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Materials Handling expo to open in Dubai today

Dubai / Emirates Business With the Middle East continuing to be a region that enjoys relatively healthy rates of growth, economic expansion and diversification, the region is attracting fresh attention from logistics, transport, warehousing and materials handling providers from across the world. Materials Handling Middle East 2017, the region’s premier dedicated trade and networking platform for the intralogistics, warehousing, freight ...

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GulfHost launches ‘restaurant development conference’

Dubai / WAM Middle East Food Forum, the UAE’s hub for all food service business owners and operators, is set to host the Restaurant Development Conference alongside the International Centre for Culinary Arts (ICCA), at the Dubai World Trade Centre, from September 18-20. With over 20 panelists participating at the 50,000 delegate-strong conference, the 3-day event by GulfHost ’17 will ...

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