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Dubai property market on "growth track", says Emaar Properties executive The Emaar spokesperson also said after the successful issuance of its $500 million sukuk in July, at the reduced coupon rate of 6.4% compared to 8.5% in its previous issuance, the company plans to announce "further funding strategies in due course .. ...
Emaar Properties likely to issue Sukuk shortly Dubai: Emaar Properties, the builders of the world’s tallest tower – Burj Khalifa, is likely to finalize its plans for issuing a seven-year benchmark-sized sukuk very soon.
By Farhan Iqbal
See all 7 sources » DUBAI, July 15 (Xinhua) -- Emaar Properties, the United Arab Emirates' (UAE) largest property developer by market value, said Sunday it has successfully executed its second internationally placed Islamic bond (sukuk) within 18 months. Emaar, the ... ...