Riyad Bank issued its first — and most recent — tier two deal in February 2020, when it priced a $1.5bn 3.174% February 2030 sukuk, according to Dealogic.

The Saudi-based Riyad Bank, rated A (Stable) by S&P, A- (Stable) by Fitch and A1 (Stable) by Moody’s, has mandated banks for the issuance of US dollar-denominated Tier 2 Trust Certificates. Standard ...

US approves $30m for controversial Israel-backed Gaza aid group Human rights lawyer warns GHF staff may face war crimes charges over deadly incidents at Gaza’s aid distribution sites.