Dubai – MENA Herald: Emirates NBD, Standard Chartered and Dubai Islamic Bank walked away as the big winners at last night’s Bonds, Loans & Sukuk Middle East Awards. Emirates NBD picked up 6 Winners’ trophies, and Standard Chartered and Dubai Islamic Bank both picked up 5 each, for successfully arranging bond, sukuk and loan deals in 2014 and 2015.
Amongst the issuers, DIFC, The Arab Republic of Egypt, The Government of Sharjah, Emirates Airline, Noor Bank and Oman Electricity Transmission Co won Award for their successful sukuk and bond transactions on the international markets; and DUBAL, ENOC, Stanford Marine, Zakher Marine, Dubai World Trade Centre and Shuaa Energy 1 all won Awards for their efforts in the syndicated loan markets.
His Excellency Abdulrahman Al-Saleh, Director General of Dubai’s Department of Finance won the Award for Lifetime Achievement and Outstanding Contribution to Middle East Capital Markets. In a speech to the attendees Mr. Al-Saleh said: “It is wonderful to see so many of the industry’s senior executives in one room, and I would like to take this opportunity to thank all stakeholders for bestowing this honour on me.”
More than 270 of the Middle East’s banking and finance elite attended the Awards reception last night. Aveen Prasad, Executive Director of organisers, GFC-Global Financial Conferences, said: “Over 180 deals were submitted for this year’s Awards, and we received votes from over 3000 people across 17 countries demonstrating the global interest in the development of region’s capital markets”.