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ADFD expands its funding of Velana airport’s development by AED 147 mn
The fund provided an earlier loan of AED 183.5 mn in 2017
Chinese sovereign bond yields drop to their lowest since 2009 amid demand slowdown and as property market crisis enters fifth year
Developers in the country have defaulted on USD 130 bn bonds since the crisis began — including USD 15 bn…
UAE was the GCC's second biggest issuer of fixed-income instruments in 2024 -Kamco
The country can expect USD 153.2 bn in bond maturities between 2025 and 2029
AD Ports upsizes revolving credit facility to USD 2.1 bn amid strong banking interest
PLUS: Shuaa Capital restructures AED 208 mn in facilities with senior creditor
Bildco settles debt with Ajman Bank
Bildco received a 13.5% discount on its dues
DP World issues Mena’s first blue bond
This bond represents DP World’s tightest ever spread in the bond or sukuk market
THIS MORNING: UAEV to charge EV tariffs in January + GCC debt capital markets hit USD 1 tn
Plus: British Airways cancels flights to Abu Dhabi in the summer
Emirati lenders FAB, ADIB, and Emirates NBD boost activity abroad
The deal is structured as a multitranche loan, incorporating multiple currencies
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