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Emirates NBD KSA to hand Cenomi Retail a SAR 1.6 bn loan
The financing is dependent on Al Futtaim’s completion of its acquisition of a stake in the company
THIS MORNING: Dubai property boom fuels expansion for Emaar, prompts potential Binghatti IPO
Plus: IFFCO weighs USD multi-bn debt restructuring
Dubai Airshow drops Israeli weapons manufacturers
PLUS- Dubai Investments Park plans to IPO by February
Adnoc L&S, NMDC partner on offshore rig services
PLUS- NetForChoice launches its first GCC data center in Dubai
Omniyat taps markets with USD 400 mn sukuk under USD 2 bn program
Strong investor demand allowed the issuer to tighten price to 7.25% down from IPTs of 7.625%
Sobha Realty raises USD 750 mn debut green sukuk
Orders reached USD 2.1 bn, 2.8x the offering size
Indonesia adds to Nasdaq Dubai sukuk
The listings lift Indonesia’s outstanding sukuk on Nasdaq Dubai to USD 24.1 bn, the exchange’s largest sovereign portfolio
ADX and Astana International Exchange link up
PLUS: DP World is managing Atlantis Dubai’s hospitality logistics + will link Morocco and northern Europe
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