From Gulf-times.com: Yemen, hit by rising security concerns and economic woes, will increase a planned 2011 Islamic bond to $500mn, the impoverished country’s finance minister said yesterday, but investors will have to pay high premiums.

Yemen had originally planned to raise about $250mn to $300mn from Islamic bonds, or sukuk, to diversify government financing and help lower a budget deficit currently running at around 8% of gross domestic product…………………………………….Full Article: Source