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

don-jackson-wyatt-sbhubyl7lWI-unsplash
Middle East war threatens oil supply and remittances in East Africa
Read More »
Uranium mines. Photo by Wolfgang Hasselmann @ Unsplash
Atomic Eagle boosts Zambia uranium resources by 24% in maiden drill
Read More »
Import and export trade common in Africa. Photo by Kurt Cotoaga @ Unsplash
Namibia posts $11.7mn trade surplus as uranium and gold exports surge
Read More »

Recent Politics

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 »
Port Harcourt, Nigeria. Photo by Emmanuel Ikwuegbu @ Unsplash
Why are Nigerians protesting electoral reforms ahead of 2027 polls?
Read More »

Latest Posts

Latest news insights