United Arab Emirates
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Demand for sukuk issuance is high among region's Islamic investors
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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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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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The trades drew big order books and each issuer was able to crunch pricing by tens of basis points
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Abu Dhabi's state oil company's privatisation drive continues with its logistics division
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More Gulf issuers readying deals for after Eid
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The book passed over $1bn and included international accounts as well as the usual Islamic buyers
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Listings by privately owned companies are expected to play a greater role in the Middle Eastern IPO market this year
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Big demand for UAE deal as IPO issuance from the Middle East overtakes Europe once again
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Adnoc Gas and Abraj Energy surge in early trading as global equities plummet