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Dubai's government debt to fall to USD 50 bn end of 2024, S&P report
Dubai has a good handle on its government debt, ratings agency S&P’s latestreport suggests. The agency expects government debt in…
Amid rising interest rates, Middle East sustainable bond issuance drop in 9M 2024
Sustainable sukuk issuances in the region remained essentially flat at USD 6.1 bn in 9M 2024
Al Seer Marine secures USD 80 mn financing from China’s BoCOM
Plus: Mashreq to migrate key databases to Oracle solution
Rak Properties taps CBD to arrange AED 2 bn syndicated facility
Rak will use the facility to finance the development of luxury hotels and residential communities in Mina Al Arab
DIB raises USD 500 mn in AT1 sukuk issuance, secures lowest reset rate for an AT1 issuance since 2009
The issuance’s pricing was narrowed to 5.25%
Sharjah gov’t issues second sukuk this year
The issuance drew USD 2.6 bn in orders
DIB kicks off sale of AT1 sukuk
The initial price guidance was set at around 5.75%
Bank consortium extends USD 1.5 bn loan for UAE-Oman Hafeet Rail
India-based Rites and Etihad Rail agree to explore cooperation on railway infrastructure in GCC
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