Nasdaq Dubai lists $500M Arab Energy bonds

During a welcome ceremony, $500 million in sukuk was listed on Nasdaq Dubai on behalf of the Arab Energy Fund, a multilateral financial institution providing financing and investment in the energy sector. The transaction attracted over $900 million in subscription requests, more than double the issuance size, with a yield of 4.686% and strong credit ratings from Moody's and Fitch. These sukuk are part of the funding strategy to support sustainable development projects in the energy sector across the Arab region.

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