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Arada Developments hires banks for debut dollar sukuk
Arada Developments, the largest developer in the United Arab Emirate of Sharjah, has hired banks to arrange a debut sale of U.S. dollar-denominated Islamic bonds, a document showed on Tuesday. The deal could be the first dollar bond sale out of the Gulf since late March, when the Sharjah government…
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Click here to read the full story: Financial Post