Tag: Dubai Islamic Bank
UAE's MAF eyes 5-year sukuk, profit rate at 6 percent or...
Dubai's Majid Al Futtaim plans to issue a five-year dollar-denominated Islamic bond, or sukuk, with early profit rate indications at no more than 6 percent, a source with knowledge of the deal said on Sunday.
Emaar draws on Dubai Mall to raise $1B
Dubai’s Emaar Properties, the emirate’s largest real estate developer, has put up its crown jewel asset — Dubai Mall — to secure $1 billion of lending to help refinance upcoming debt amid difficult funding conditions.
