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Ezdan Holding Group places $500mn sukuk

  DUBAI / Emirates Business Ezdan Holding Group QPSC priced its 2nd Sukuk transaction, under its US$ 2bn Sukuk EMTN Programme established in 2016. The successful US$ 500 million 5 year Sukuk attracted an order-book of more than US$ 1.2 billion, with 129 investors from around 30 countries participating. Investors from the Middle East took 58% of the issuance, with ...

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UAE set to become world’s second to house Orbi

  DUBAI / Emirates Business Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, announced the upcoming launch of Orbi, a supercharged indoor nature experience and a first in the Middle-East. Collaboratively developed by SEGA Holdings Co., Ltd. and BBC Worldwide, Orbi fuses BBC Earth’s world-leading nature content with SEGA’s ...

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UAE stock markets close high

  ABU DHABI / WAM Continuing the profit reaping spree in Thursday’s session, UAE financial markets continued to perform favourably high, spearheaded by the leading shares which rose remarkably over the past three days, driving the general indexes of Abu Dhabi Securities Exchange and Dubai Financial Market to reach all-time-highs in more than two months. The transactions conducted over five ...

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