Suq Al Mal

Worth Its Weight in Golden Belt Sukuks On 27 January Citibank who are acting as Delegate for the Golden Belt Sukuk (the Company) advi...

Beatrice and Benedict Discuss the Value Surge 1 February Thompson Reuters reported that following recent reported efforts by the KSA G...

There's a report in AlQabas Thursday edition that Judge Groper denied Awal Bank's Chapter 11 petition.  At this point, there is not...

In terms of recovery all venues are likely to be highly inconvenient. Update :  See subsequent post . According to news reports on Bloomb...

A banker's memory is a wonderful thing.   Even the most painful experiences can be forgotten.  Michel Accad gave an interview at the...

Mohamed Sha'ban at Al Qabas reports that having received judicial authority, Boubyan will sell some 300,000 shares in International Fi...

Today via an announcement on the Bahrain Stock  Exchange Citibank, the Delegate on the Golden Belt Sukuk, advsied: The Delegate refers to ...

Here's an interesting article from AlQabas which reports that some international lenders have sold a part of their debts to the two tro...

  The Gold's There.  Look Closer. According to the informed sources of Al Watan , a European Group is now bidding to acquire a signific...

If you've been following the continuing dispute between AHAB and Mr. Al Sanea, you know from reading Frank Kane over at The National t...

For A Cleaner Clean Frank Kane at The National reports that the US Congress will hold a hearing tomorrow on US$1 billion of money transfer...

Above Main Entrance to NY Supreme Court Looks like Mr. Al Sanea is continuing his run of victories in the NY Courts.   As you'll recal...

A Rather Inconvenient Place After All Judge Richard Love III of the Supreme Court of the State of New York decided last July that New York...

Remedial Lending Class Asa Fitch at The National reports on some loan sales by Saad lenders. This makes perfect sense.  It's highly...

They say there is no surer proof of someone's intelligence than the fact that he or she agrees with you. (See point #3 below). Echoing...

There are several meanings to the word "fix": To repair something that is broken:  He "fixed" the pipe. To arrange for...

Here at Suq Al Mal some of the most vigorous exercise we get is from patting ourselves on the back.  Before I head to the showers after th...

There has been a remarkable reversal of fortune of late for AHAB.   First was the decision by Trowers and Hamlins back in June to sue AHAB...

Asa Fitch over at The National reports that the Caymans Island Court has suspended its proceedings pending determination by the special Sau...

Asa Fitch over at The National reports that an English Court has ruled in favor of ADCB ordering Saad Trading Contracting and Financial Se...