Sheikh Ahmed bin Saeed Al-Maktoum, chairman and CEO of Emirates Airline and Group, yesterday rang the opening bell at Dubai Financial Market (DFM) during the listing ceremony of a sukuk issued by Emirates Airline on Nasdaq Dubai, the Middle East’s international financial exchange.
The listing of the $ 1 billion sukuk supports Dubai’s intensive efforts in this regard after the launch of (Dubai the Center of Sukuk) initiative by Sheikh Mohammed bin Rashid Al-Maktoum, UAE Vice President, Prime Minster and Ruler of Dubai and in line with his vision to position Dubai as the capital of Islamic economy globally.
It brings the nominal value of sukuk listed on Dubai exchanges to $ 10.625 billion, the third largest total in the world, according to a statement received here.
The sukuk issued by Emirates was sold successfully to investors in MENA, Europe, Asia, and some offshore US accounts.
Read more: http://www.arabnews.com/news/445542
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