dollar denominated

US oil prices up 5% on surprise drop in crude stocks

US oil prices gained 5.18 percent owing to an unexpected drop in domestic crude stockpiles. US crude stocks eased by 4.9 million barrels last week as imported declined.

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SABIC to issue five year bond worth over USD1 billion

In a bid to maximize benefit from high consumer demand, SABIC issues a five year dollar denominated bond projected to be worth USD1 billion.

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IILM Corp issues dollar denominated sukuk

IILM Corp's debut sukuk was oversubscribed according to reports.

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