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Investment Corporation of Dubai raises $1 billion from sukuk, bond issue

The Dubai Government’s principal investment arm, the Investment Corporation of Dubai, has successfully priced a $1 billion sukuk and bond issue, strengthening the fund’s capacity to invest amid a rising market. The ICD made the announcement on Tuesday for the dual tranche issue comprising six-year $700 million sukuk and 10-year…

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Click here to read the full story: Khaleej Times

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