Search

Dubai’s DIFC Completes $700 Million Sukuk Repayment on Schedule

Allen dreyfus Logo
© Allen Dreyfus
  • DIFC’s Sukuk repayment showcases Dubai’s financial strength
  • Strategic investment supports DIFC’s role as MEASA’s finance hub

Dubai International Financial Centre (DIFC) today announced the full redemption and on-schedule repayment of a US$700 million Sukuk issued in 2014. DIFC Investments, the financial arm of DIFC, raised the Sukuk to fund the construction of Gate Avenue, a retail destination, alongside expansions in the Centre’s real estate infrastructure.

Recent Business

Dar es Salaam, Tanzania. © Unsplash
Tanzania inflation slows to 3.2% in February
Read More »
Gas pipeline. Photo @ Unsplash
Senegal kicks off domestic offshore gas production
Read More »
Ethiopian Airlines commercial flight. Photo by Bornil Amin @ Unsplash
Ethiopian Airlines suspends Middle East flights as US-Israel-Iran conflict escalates
Read More »

Recent Politics

Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s 2027 election raises political risk for investors
Read More »
Edwin Sifuna, Kenya's ODM secretary-general. Photo: Edwin W Sifuna/Facebook
Is Edwin Sifuna Kenya’s new Raila Odinga?
Read More »
A cheerful Kenyan citizen at a public celebration. Photo: @ William Ruto/Facebook
Why is Kenya on full campaign mode one year to 2027 elections?
Read More »

Latest Posts

Latest news insights