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Dubai’s Damac said to hire Barclays, HSBC for possible sukuk

Damac Properties Dubai Co. hired banks including Barclays Plc and HSBC Bank Plc for a possible sale of U.S. dollar-denominated Islamic bonds, according to people familiar with the matter.  The second-largest listed real estate developer in Dubai is expected to hire more banks to arrange the debt sale, which may…

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