China’s Ministry of Finance lists two bonds worth combined $2bn on Nasdaq Dubai
Nasdaq Dubai
Latest in Nasdaq Dubai
DIFC
Billion-dollar telco VEON announces plan to relocate to Dubai
The company will move its HQ from Amsterdam to Dubai
Arada
Sharjah real estate developer Arada’s $400mn sukuk issuance draws robust investor demand, oversubscribed 3.5 times
The Sukuk issuance saw strong demand from both regional and international investors
Binghatti
Binghatti Holding’s $300 million sukuk successfully listed on Nasdaq Dubai
The first real estate benchmark USD-denominated Sukuk from MENA in 2024 was over-subscribed two times
Capital Markets
Dubai’s stock market DFM and Shanghai Stock Exchange sign MoU to strengthen capital markets ties
This partnership represents a significant milestone in cross-border collaboration and aims to facilitate the exchange of knowledge, expertise, and information between the exchanges
Five Holdings
FIVE Holdings launches $350m Green Bond on Nasdaq Dubai
Nasdaq Dubai listings valued at more than $118bn as FIVE Holdings launches Green Bond
Bond
Strong demand as UAE government’s 10-year USD bond oversubscribed five times
The $1.5 billion bond, to be listed on Nasdaq Dubai and the London Stock Exchange, has been issued with a yield of 4.917%
BHM Capital
Dubai’s BHM Capital successfully integrates with DFM for seamless trading
The integration gives BHM Capital the authority to enable fast and seamless on-boarding and opening of trading accounts
Dar Al Arkan
Dar Al-Arkan lists $600mn Sukuk on Nasdaq Dubai
The latest listing marks Dar Al-Arkan’s fourth sukuk listing on Nasdaq Dubai
Arada
Arada celebrates $500m Nasdaq Dubai sukuk
UAE master developer Arada lists $500m sukuk on Nasdaq Dubai exchange
Belt and Road Initiative
Bank of China’s Dubai branch lists $300mn bond in Nasdaq Dubai
The bond, which is rated ‘A’ by Fitch, offers a yield of 4.84%; the total value of debt instruments listed on Nasdaq Dubai reaches $111.6bn
Dubai
DIB lists its $750 million maiden sustainable Sukuk on Nasdaq Dubai
The new listing will take the total value of ESG-linked bonds and Sukuk listed on Nasdaq Dubai to $16.825 billion
bond issuance
UAE auctions $2.5 billion in federal treasury bonds as investor confidence grows
The strong demand for the dirham denominated federal treasury bonds at the first auction reflects investor confidence in the UAE’s economic and financial policies and cements the UAE’s position as an attractive hub for investment, the UAE Deputy Prime Minister said
Dubai
Nasdaq Dubai secures listing of $1.6 billion sukuk by the Islamic Development Bank
Proceeds of the issuance will be used to finance projects under the development mandate of the bank
Abdel Hadi Al Sa’di
Dubai Financial Market partners with BHM Capital to launch simplified investor on-boarding system
The new system enables investors’ to digital onboard, but adheres to the regulatory requirements of the SCA, including verification of the client’s identity, the Know Your Customer mandates, and the anti-money laundering measures
AT1 bond
Capital Bank lists $100m AT1 bond on Nasdaq Dubai market
The bond is the first issuance of its kind for a Jordanian bank on the region’s international financial exchange
Dubai Islamic Bank
Dubai Islamic Bank lists $750m sukuk, the UAE’s first in 2022
bank says that the new sukuk issuance was oversubscribed by more than 2.5 times amid strong investor demand