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Union Properties reaches AED 1.2 bn settlement agreements with Dubailand, Emirates NBD
The developer will repurpose land initially slated for a Formula One racing park into new residential areas
Emirates Strategic Investments issues USD 700 mn sukuk
The issuance was 2.5x oversubscribed, leading the bank to trim the yield
Emirates NBD to lend Sidara an AED 183.65 mn sustainability-linked loan
Emirates NBD will extend an AED 183.65 mn sustainability-linked loan (SLL) to infrastructure firm Sidara (formerly Dar Group), according to…
FinMin plans to issue AED 5 bn sukuk in 1Q 2024
The UAE issued some AED 7.7 bn in debt in 2023
Debt market to expand to USD 300 bn by 2025
Sukuk issuances surged by 115% in 2023
Fitch maintains neutral outlook for GCC businesses in 2024, with UAE set to lead investments
High oil prices, state-backed investments to support corporates’ growth
Gov’t rolls over Pakistan’s USD 2 bn loan
Cash-strapped Pakistan requested the rollover earlier this week
UAE issued 40% of global sustainable sukuk in 2023 –S&P Global
Global sukuk issuances to surge in 2024
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