The regulator licenced and registered a record-breaking 117 firms during the 12 months. This reflected an increase of 25 per cent from the previous year.
The total value of bonds listed on Nasdaq Dubai by the lender, comprising the issuances by Hong Kong and Dubai branches, now stands at $2.45bn
The waiver applies to all new and repeat issuers who make a relevant application to the Dubai Financial Services Authority
The country’s financial markets possess significant potential and flexibility, combined with its continuous commitment to innovation and development
The proceeds from the sukuk issuance will be used to fund eligible green projects in line with the company’s recently published sustainable finance framework
The bond will be listed on the London Stock Exchange and Nasdaq Dubai
The bank shall use the proceeds for general corporate purposes
The transaction marked the largest issue size in international capital markets by a GCC bank since February 2022
The Indonesian government is one of the largest sukuk issuers on Nasdaq Dubai
The new listing brings the total value of Sukuk listed in Dubai to $77.5bn
The bond is the first issuance of its kind for a Jordanian bank on the exchange
The issuance was oversubscribed by more than 2.5 times
The 30 listings undertaken in 2021 were 15.5 per cent higher than the number of listings the previous year
The total value of the Kuwaiti bank’s sukuk on the exchange stands at $898m
The latest listing brings the bank’s current sukuk value on the exchange to $1bn
StarLink provides cybersecurity and cloud services across the Middle East, Africa and Turkey
IsDB is now the largest supranational sukuk issuer on Nasdaq Dubai with a total value of $18.8bn through 13 issuances listed on the exchange since 2016
Dubai’s US-dollar denominated debt listings are now valued at $98.5bn
The Bitcoin Fund invests in long-term holdings of Bitcoin as a safer alternative to direct investments in the cryptocurrency
The total value of all sukuk listed by the Indonesian government on the exchange now stands at $19.75bn
Malabar Gold & Diamonds currently generates an annual turnover of $4.51bn through a network of over 260 outlets and 14 wholesale units
Emirates NBD the largest financial services bond issuer on Nasdaq Dubai through seven listings with a total value of $5.1bn
The Canadian fund is also looking to work closely with lenders in the region
DIB is the leading UAE-based sukuk issuer by value on Nasdaq Dubai with a total value of $6.3bn listed on the exchange
The total value of the bank’s sukuk listed on Nasdaq Dubai stands at $17.14bn
Dubai Islamic Bank is now the largest UAE-based sukuk issuer by value on Nasdaq Dubai with a total of $7.3bn listed on the exchange
The six-year bond with a 6 per cent interest rate was 2.1 times subscribed
The Nasdaq Dubai Growth Market will be operational by early 2021
Bank ABC, Citigroup, Dubai Islamic Bank, Emirates NBD Capital, and HSBC, among others acted as joint lead managers and bookrunners for the transaction
Aurora50 is initiating the discussion around board-level gender diversity with a virtual event