Stock Market News

Nasdaq Dubai Welcomes Multi-Currency Sukuk and Bond Listings Valued at USD 3.3 Billion

Sharing is caring!

Nasdaq Dubai has welcomed four new debt listings by the global trade enabler DP World, comprising a one billion dollar Sukuk and three conventional bonds of one billion US dollars, 750 million euros, and 350 million sterling respectively.

The four listings together amount to a value of about 3.3 billion US dollars. They bring the total value of current debt listings by DP World on the region’s international exchange to USD 6.75 billion from seven issuances, making the company Nasdaq Dubai’s largest UAE debt issuer by value.

DP World’s latest Sukuk listing underlines Dubai’s role as the largest global centre for Sukuk listings by value, currently totaling 58.85billion US dollars. Nasdaq Dubai is committed to providing DP World and as well as its other Sukuk and conventional bond issuers with an effective listing infrastructure in a world class regulatory environment.

SMEStreet Desk

SMEStreet is fast growing platform dedicated to entrepreneurs from small and medium sized businesses (SMEs). Committed to facilitate Knowledge & Networking for Business Growth, SMEStreet offers value added content which shows the actual voice of Indian MSMEs.

Related Articles

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to top button
%d bloggers like this: