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.

This article is free to read.

Sign up for free or sign in to continue reading.

Unlike our competitors, we don't force you to pay to read the news but we do need your email address to make your experience better.

Create your free account or sign in


Recent Business

Photo by Vije Vijendranath @ Unsplash | South Africa
South Africa sets new 3% inflation target amid political backlash
Read More »
Joe Anka, CEO of GFX and Aaron Gwak, Founder and CEO of Libeara at the signing of the MOU.
Ghana's GFX Brokers drives tokenised access to government bonds in Africa
Read More »
A woman selling bananas in a market. Photo by Andrew Itaga @ Unsplash
Tanzania inflation edges up to 3.5% on rising food costs
Read More »

Recent Politics

Tanzania President Samia Suluhu Hassan at her investiture. Photo @ Samia Hassan/Facebook
Tanzania’s post-election crackdown on foreigners threatens rift with Kenya
Read More »
Street market in Kaduna, Nigeria. Photo @Pexels
Trump’s military threat over ‘Christian genocide’ splits Nigeria
Read More »
Samia Suluhu Hassan, President of Tanzania. Photo @ Samia Suluhu Hassan/Facebook
Tanzania’s Samia Suluhu faces legitimacy test after disputed landslide
Read More »

Latest Posts

Latest news insights