The three-year facility includes a number of 'green features' which are consistent with the Loan Market Association's Green Loan Principles (GLP), a set of guidelines designed to support environmentally sustainable economic activity.
Starting January 31, 2019, sovereign bonds and sukuk from Saudi Arabia, the UAE, Bahrain, Kuwait and Qatar will gradually gain inclusion on the JP Morgan EMBI Index, which already includes Oman.
Over the past ten years, regulators across the US, Europe, APAC and the Middle East have levied nearly $26 billion dollars in financial penalties against financial institutions for AML/KYC and sanctions-related violations.
The CBK, on September 24, issued bonds worth 200 million dinars (about USD 600 million) with a rate of return at 2.5 percent for a period of three months.
he pool of ADGM's RegLab firms deploys cutting-edge solutions to re-imagine how firms trade cross-border, receive credit, and make payments