Islamic Finance
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Meydan Group inks AED1bn Islamic fundraising deal
Dubai real estate developer Meydan Group has raised AED1 billion ($270 million) in Islamic financing from UAE banks, it announced on Sunday. The financing was raised on a dual tranche offering and comprised an AED700 million ($190 million) sukuk issue and AED300 million ($81.6 million) term facility, both maturing in…
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Click here to read the full story: Arabian Business