US
Move aimed at raising funds for supporting government’s budgetary position
Dr Abdul Hafeez Shaikh says guarantees will primarily be used to tackle circular debt
Ministry invites proposals from financial institutions for programme
It will be second such issue, help pay partial dues of power producers
DIB was established in 1975 as the world’s first Islamic Bank in UAE
Competent boards can turn around these bleeding state-owned units
Will also hold IPO ‘soon’, according to company statement
According to Dealogic data, issuance of Islamic debt by non-Muslim countries is set to climb a three-year high in 2017
Analysts believe move could ease pressure on the kingdom's foreign reserves
Regulator aims to incentivise investors