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DP World lists $1bn sukuk, bond on Nasdaq Dubai

DP World lists $1bn sukuk, bond on Nasdaq Dubai
The sukuk and bond were listed on the exchange on 30 September 2019
DP World
DPW
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UAE – Mubasher: Nasdaq Dubai on Wednesday revealed it has welcomed the listing of a $500 million sukuk as well as a $500 million conventional bond issued by the global port operator DP World.

The sukuk and bond were listed on the exchange on 30 September 2019, according to a press release.

The Dubai-based trade enabler’s latest sukuk listing highlights the emirate’s role as one of the largest global centres for sukuk listings by value, with a current total of $58.7 billion, Nasdaq Dubai added.

DP World is the UAE’s largest debt issuer by value on Nasdaq Dubai, with total sukuk and conventional bond listings of $9.09 billion, the region’s international exchange highlighted.