GCC
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Like recent Gulf sukuk the Saudi bank’s book was heavily oversubscribed -
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Saudi bank appeals to bid for scarcity with first sukuk in over a decade
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The Saudi drug maker's IPO is the first major flotation in the country this year
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Demand for sukuk issuance is high among region's Islamic investors
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Real estate investor owned by Saudi wealth fund prices oversubscribed capital increase
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The property company drew a book over four times the issue size
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Abu Dhabi real estate firm has crunched pricing by 25bp so far
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Books hit over $27bn as investors rushed in to put their money to work
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The real estate company will have to offer a chunky premium to other recent issuers from Abu Dhabi
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IPO of Abu Dhabi state oil division set to raise more than $600m
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2023 has been a slow year for Saudi Arabia's IPO market
