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THE Bahrain Monetary Agency (BMA) has appointed Citi Islamic Investment Bank (CIIB), Bahrain and Citigroup Global Markets Ltd (CGML) to arrange, structure and lead manage its upcoming US$250mil Sukuk issue.
CITIGROUP Islamic banking vehicle, Citi Islamic Investment Bank E.C. (CIIB), aims to strengthen its position in the global Islamic banking business through its diversified range of alternative Islamic products and services for the international market.
MALAYSIA'S paints and coatings industry, estimated to be worth RM1.3bil in 2002, is expected to outpace the manufacturing sector and may hit a high of 14% a year for the next five years to 2008, RAM Consultancy Services Sdn Bhd said.
STANDARD Chartered Bank Malaysia Bhd (StanChart) has appointed Daniel Koh as its head of global markets division.