Suq Al Mal

IIG announced in several venues today that its new board had approved the release of the KPMG report to certificateholders of its Sukuk. ...

Deutsche Bank as the Delegate on the above transaction issued an announcement on Nasdaq Dubai advising that: IIG had advised that it was a...

IIG Funding issued a brief explanatory note on IIG's 2009 financials on Nasdaq Dubai today.

Citing an interested source (one with a connection to IIG) Al Watan reports that Hassan Salim Hassan Al-Ammari has resigned from IIG's...

  Renovation of Yet Another Proven Business Model In Progress (Or, Perhaps, A Half Built Mega Project) Markaz has issued “Kuwaiti Investme...

This morning IIG announced on the KSE and BSE that the news in this morning's Al Watan about it successfully paying some US$18 millio...

Update:  Apparently, Al Watan's sources were less informed that thought.  Or perhaps success is fleeting.  In any case IIG denied any ...

As you recall, on 18 July IIG released its financials on the DFM and BSE.  Just this Thursday 29 July, it released financials on the KSE.  ...

Apparently some easily excitable rookie investors panicked when they read IIG's earlier announcement that it was unable to pay some US$1...

IIG Funding Limited announced on Nasdaq Dubai this morning that the Central Bank of Kuwait had accepted IIG's 2009 financial statements...

Today Deutsche Trustee Company, Delegate on the IIG Funding Limited Sukuk, announced on NasdaqDubai two further defaults on 10 July 2010: F...

IIG issued a press release on NasdaqDubai advising that while KPMG had completed its interim report, the Company could not release it yet ...

Earlier this month AlQabas published a lengthy summary of a recent report by AlJoman Center for Economic Consultancy .  Here's the fu...

DHOC announced that it was voluntarily suspending its listing due to failure to provide 31 December 2009 financials within the mandated tim...

Today IIG issued a press release on the Bahrain Stock Exchange ( Arabic ) and NasdaqDubai ( English ). The press release notes that in addi...

Today IIG Funding (the Issuer) and Deutsche Bank (the Delegate) issued separate announcements on Nasdaq Dubai related to the payment defau...

Given the news item about IIG's problems, let's take a closer look at IIG. In case it wasn't clear from the details in my previ...

Today there was a flurry of activity on Nasdaq Dubai around IIG. First, the Exchange suspended IIG's US$200 million sukuk. Then, IIG F...

IIG issued the following announcement on the Nasdaq Dubai earlier today. 12 Apr 2010 - 16:11:22 IIG Funding Limited - International Inve...

If you've been following the story, you know that on 11 January, IIG Funding Limited was to make a Periodic Distribution Payment (equi...