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Dubai plans $1b sukuk
Dubai is all set to launch a dual-tranche Islamic bond, or sukuk, to raise at least $1 billion, the issue arrangers said on Tuesday. The five- and 10-year benchmark sukuk, backed by real estate assets, is Dubai’s first Islamic bond since 2009. Initial guidance was seen around five and 6.5…
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Click here to read the full story: Khaleej Times