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FINANCIAL NEWS
Dubai’s Damac to issue USD500 m sukuk
02 Apr 2014
(MENAFN) Dubai’s Damac Real Estate plans to issue USD500 million worth sukuk, according to Arabian Business.
Data from a leader arranger showed that books now exceed USD1 billion.
Damac set price thoughts for its five-year sukuk, in basis points, at midswaps plus the mid-300s.
A number of local major banks will be the lead managers of the plan.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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