UAE’s economy to recover to pre-Covid-19 levels by 2024: Moody’s
The credit rating agency rated the UAE’s credit profile as Aa2 stable in its annual credit analysis...
Tag : Moody’s
Asset under management grows by 15% annually to reach $104.4 tn
20 largest asset managers accounts for 43% of total AUM...
European asset managers’ average assets fell by 1.5% in H12020
Moody’s found that European asset manager’s EBITDA dropped to 27%, from 30% in H22019...
Kenyan banks outperform Nigerian counterparts
According to Moody’s report, technology helped Kenyan banks to be more efficient...
Saudi Arabia’s Dar Al Arkan to raise $600 mn through sukuk
The sukuk offers an interest rate of 7% and is due on 2025...
Islamic financial assets grow over $2 tn globally: IMF
Almost 85% of these assets are from the banking sector...
Mexico’s Pemex launches tender offer to prepay $5 bn in bonds
Pemex is now the world’s most heavily indebted oil company with $104 bn in debt...
Moody’s: Islamic Bond issuance to hit $130 bn in 2019
Total issuance in H1 2019 increases by 37% to $87 bn when compared to the same period last year...
UAE banks merger: What does this mean for the sector?
Three of UAE’s top banks are in talks to merge together to form an enterprise that will become one of the biggest lenders in the MENA region, leading to a credit positive industry...
Coal-reliant countries embrace green finance
Poland and Indonesia seek environment-friendly advancements through green bond issuance...