UAE’s National Properties launches 399 Hills Park project
National Properties, the real estate subsidiary of National Bonds Corporation, announced on Monday the launch of 399 Hills Park luxury residential project in Dubai Hills Estate at a investment of one billion […]
Dubai Aerospace Enterprise hikes bond repurchase program by $300mln
The board of directors and shareholders of UAE-based airplane lessor Dubai Aerospace Enterprise (DAE) has authorised an additional $300 million for bond repurchases. The repurchase will be conducted through open […]
Abu Dhabi TAQA places $1.5bln in dual tranche notes
Abu Dhabi National Energy Co. (TAQA) has placed an aggregate of $1.5 billion in 5-year and 10-year dual-tranche senior unsecured notes. The $1billion 10-year notes which will mature on 24 […]
First Abu Dhabi Bank raises $500m through Islamic bond
First Abu Dhabi Bank, the UAE’s largest lender by assets, has raised $500 million through a sukuk or Islamic bond, marking the first global sukuk issuance in 2023. The five-year sukuk was […]
Dubai lender Emirates NBD to issue 3-yr dirham-denominated bond
Dubai’s biggest lender Emirates NBD has mandated banks to arrange a three-year fixed rate UAE dirham-denominated bond, a document reviewed by Reuters showed. The senior, unsecured bond, […]
Bank of China lists $300mln bonds on Nasdaq Dubai
Bank of China, one of China’s top four state-owned banks, has listed $300 million bonds on Nasdaq Dubai, the United Arab Emirates’ state news agency WAM said on Tuesday. […]
UAE to hold second auction of federal T-Bonds on June 20
The United Arab Emirates’ finance ministry said a second auction of federal treasury bonds would be held on Monday. The auction size will be 1.5 billion dirhams ($408.43 million) distributed […]
Abu Dhabi bourse announces its first green bond listing
The Abu Dhabi Securities Exchange (ADX) announced on Thursday the listing of its first green bond, which is expected to contribute to the UAE’s efforts towards a net-zero future in […]
Dubai Mashreq Bank shareholders approve $1bln bond issuance
Shareholders of Dubai-based Mashreq Bank have approved a special resolution for the issuance of conventional bonds for up to $1 billion. The proceeds of the bonds will be used for […]
UAE to launch treasury bonds with auction size of $408mln
The UAE is set to launch next month its domestic dirham-denominated treasury bonds with a benchmark auction size of 1.5 billion dirhams ($408 million). The first auction date, to be […]