Gulf Bond and Sukuk Association

Dubai Smaller Gulf banks, squeezed by difficult funding conditions and flush with bond paper following the busiest period of issuance from the region on record, are increasingly exploiting the repo market to raise capital.

Funding is likely to succeed without systemic crises

DIFC Investments may require as much as $983 million from the government to repay its $1.25 billion bond maturing in June

Yields on Abu Dhabi property developer Aldar's 2014 bond rose over 30 basis points on Tuesday, a day after Reuters reported the emirate held talks to offload the government's stake in the struggling firm.

Jan. 31 (Bloomberg) -- Dana Gas PJSC’s Islamic bonds plunged, lifting yields close to a record, after the United Arab Emirates fuel producer failed to disclose a plan for repaying the debt when it reported full-year earnings.

Dubai, January 30, 2012 - NASDAQ Dubai has become the first securities exchange to join the Gulf Bond and Sukuk Association (GBSA), in a move that will strengthen the development of the region's debt markets.

JEDDAH, Saudi Arabia: Saudi Arabia's central bank will play a bigger role in the supervision of the country's financial sector as the kingdom weighs opening up its stock market to direct investments by foreigners.

The National Bank of Abu Dhabi (NBAD) today announced that from Monday, January 30, its new mutual fund, the NBAD Cautious Income Fund, will accept subscriptions. This new bond fund offers investors attractive returns with low levels of risk, a press release from the bank said.

at 12:07, Reuters, Dubai Mall developer MAF has picked ADIB, DIB, HSBC and Standard Chartered to arrange its debut sukuk. (SUPPLIED)Dubai's Majid Al Futtaim plans to issue a five-year dollar-denominated Islamic bond, or sukuk, with early profit rate indications at no more than six per cent, a source