The second round of funding comes as the previous allocation of Dhs1 billion was fully assigned to various businesses, the bank said.
The San Francisco-based company said it would use part of the net proceeds for general corporate purposes.
About $7.85 billion of orders poured in for the sukuk ijara from 250 investors.
Corpbank, in which Oman’s SGRF is the second-biggest shareholder with a stake of about 30 per cent, was hit by a run on deposits in June.
The company is also offering to return cash throughout the loan’s lifespan, more assets as collateral, a higher interest rate and an early repayment of a first tranche of money due next year.
Total cost for a university education, including cost of living, stands at $30,472 per year in the UAE, finds new study by HSBC.
Final guidance was given at 6.00 per cent while initial guidance had been 6.00-6.125 per cent.
The requests for proposals were issued by the parent firms to banks on Tuesday, with financing of the expansion to be split between conventional loans and sharia-compliant facilities.
The emirate, which is issuing sukuk with an ijara structure, has garnered orders worth about $7.5 billion, the document said.
The company plans to float its unit Emaar Malls Group (EMG) this month and subscriptions for the shares will open on Sept. 14.
The offer is rated Baa1 by Moody’s and A-plus by Fitch, and is expected to price on Wednesday.
Itqan currently manages four sharia-compliant funds: a money market fund and three real estate funds.
Ten SMEs have applied to list on the new market and five of them have so far fulfilled the requirements, according to a report.
The family group, which collapsed during the financial crisis, said in May that it had direct liabilities to financial institutions worth around $6 billion.
Global Investment House’s chief executive Maha Al Ghoneim said the company was now “debt-free” following its debt restructuring last year.
Majid Al Futtaim Finance has partnered with Rovio Entertainment, which owns the Angry Birds brand, to create the prepaid card for UAE customers.
The programme required foreign winners of big government contracts to invest in the local economy.
The U.S. dollar transaction, will be of benchmark size – traditionally understood to mean worth upwards of $500 million.
The U.S. dollar bond will be issued through a special purpose vehicle incorporated in the Cayman Islands.
A unit of Gulf International Services (GIS) signed contracts worth $1.4 billion to supply drilling rig services to Qatar Petroleum.
The firm will hold a general meeting on Sept. 15, it said without specifying the possible size of the issue.
A lawsuit, first filed 10 years ago, accuses the Jordan-based bank of knowingly maintaining accounts for operatives of the militant Islamist group.
Oman’s State General Reserve Fund, Royal Dutch Shell and existing investors in GlassPoint will inject the money, which will be used to accelerate the deployment of solar steam generators.
The credit reports include consumers’ debt obligations and payment behaviour patterns for the past two years.
Dangote’s current market capitalisation is about $23.7 billion, meaning ICD is taking a stake of about 1.3 per cent.
SCPE said it would obtain two seats on the board of Al Jazeera, Jordan’s only fully integrated poultry producer and distributor.
The acquired portfolio will consist of two multi-family residential properties in Houston and one in Atlanta, GFH said.
The company’s net profit amount for the whole of last year was Dhs3.3 billion.
The initiative marks the first time that Emirates ID cards will be used for ATM transactions in the UAE.
Al Khodari’s new activities will include supplying and installing solar energy equipment and systems, it said in a statement to the Saudi bourse.