Powered by
DAMAC Properties rings bell to celebrate listing of $500 million Sukuk on Nasdaq Dubai

DAMAC Properties’ $500 million Sukuk listed on Nasdaq Dubai on April 20, 2017.

Hussain Sajwani, Chairman of DAMAC Properties, today rang the market opening bell to celebrate the listing of a 500 million US dollar Sukuk, issued by DAMAC Real Estate Development Limited (DRED), on Nasdaq Dubai. DRED is a wholly owned subsidiary of DAMAC Properties PJSC.

The listing on the region’s international exchange supports DAMAC Properties’ capital-raising initiative as it pursues its prop

Sign up for unrestricted access to 200+ subscription services.
Already have an account? Click here to login.

RelSci News & Alerts gets you:

  • 5 free articles a month from top subscription outlets like the Financial Times, New York Times, and Washington Post
  • Competitive business intelligence through daily data updates
  • Custom feeds on target high-value individuals, companies, industries, and topics delivered straight to your inbox