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

The city of Alexandria, Alexandria Governorate, Egypt. Photo by Muhammed Fatih Beki @Pexels
Caught between war and inflation, Egypt pauses rate cuts as risks mount for growth
Read More »
Lagos, Nigeria. © Unsplash
Nigeria banks raise $3.3bn — now the growth gamble begins
Read More »
Kibret Abebe, CEO of Tebita Ambulance (r) being recognised in Davos
Meet Kibret Abebe, the Ethiopian CEO who built a $500,000 ambulance enterprise
Read More »

Recent Politics

Kenya youth protest. Photo by Hassan Kibwana @ Unsplash
Will Kenya's new Gen Z uprising turn voter registration into a global youth political wave?
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s oil paradox in the Iran war: windfall gains, inflation pain
Read More »
A soldier in the war front. Photo by Stijn Swinnen @ Unsplash
Kenya halts recruitment into Russia’s war. Who gains and who loses?
Read More »

Latest Posts

Latest news insights