14.10.2010 - Etisalat eyes sukuk
From Reuters: UAE's telecoms operator Etisalat is in talks with banks to raise financing for its planned 46-percent stake acquisition in Kuwait's Zain and is considering an Islamic bond, bank loans or both, a top official was quoted as saying on Wednesday. Abu Dhabi-based Etisalat, which is 60 percent state-owned, will not receive financing from the Abu Dhabi government, its Chief Financial Officer Salem Ali Al Sharhan said in remarks carried by Al Bayan newspaper..............................................Full Article: Source
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