Arada Raises $400 Million From Five-Year Sukuk at 8.875% in First UAE Developer Debt Sale Since War Began

Sharjah developer Arada Developments raised $400 million from a five-year US dollar sukuk with an 8.875% coupon, after orders topped $650 million.

QatarEnergy in Advanced Talks to Buy at Least 3 Million Tons a Year of LNG From Venture Global, Reuters Reports

QatarEnergy is in advanced talks with US exporter Venture Global on a long-term deal to buy at least 3 million metric tons of liquefied natural gas a year, Reuters reported.

Arada Raises $400 Million From Five-Year Sukuk at 8.875% in First UAE Developer Debt Sale Since War Began

Sharjah developer Arada Developments raised $400 million from a five-year US dollar sukuk with an 8.875% coupon, after orders topped $650 million.

Arada Raises $400 Million From Five-Year Sukuk at 8.875% in First UAE Developer Debt Sale Since War Began

Sharjah developer Arada Developments raised $400 million from a five-year US dollar sukuk with an 8.875% coupon, after orders topped $650 million.

Finacial

What's happening now?

Explore more articles

Most Viewed

Recommended for you

Qatar Chamber Strengthens Ties with ICBC to Boost Qatar-China Trade

Qatar Chamber ICBC cooperation continues to progress as both parties renew their shared commitment to deepen trade and investment ties with China. Recently, Ali Bu Sharabak Al-Mansori, Acting General Manager of Qatar Chamber, met with Guo Hao of...

Connected Care Shapes the Future of UAE Healthcare

Connected Care is becoming essential as hospitals seek to improve efficiency while keeping patients safe. Bilal Muhsin, EVP of Becton, Dickinson and Company’s Connected...

Saudi Arabia and Netherlands Sign Investment Agreements Exceeding SR428 Million

On June 12, 2025, Saudi Arabia and the Netherlands signed agreements worth over SR428 million. These agreements aim to foster innovation and localize technology...

Saudi Arabia’s Non-Oil Sector Drives Sustainable Growth and Economic Diversification

Saudi Arabia’s non-oil growth is expected to contribute up to 3.5 percent annually to GDP between 2025 and 2028. Experts say this growth reflects...

Gold Price Drop Extends Losses in UAE Markets Amid Global Tensions

Gold price drop dominated market discussions in the UAE on Tuesday morning. Prices declined after ceasefire talks failed to deliver progress. Traders reacted quickly...

Qatar Stock Exchange connectivity issue resolved quickly, trading resumes smoothly

The QSE trading issue  caused a brief pause in trading activity during a routine market day. However, the issue lasted for only 23 minutes before...

Saudi Arabia Retail Real Estate Growth Driven by Tourism and Vision 2030

Saudi Arabia’s retail real estate market is experiencing significant growth, fueled by the country’s Vision 2030 initiative. As the nation diversifies its economy away...

Iraq Resumes Kurdish Crude Exports, Strengthening Revenue and Economic Stability

Iraq has resumed crude oil exports from the Kurdish region to Turkey, ending a two-and-a-half-year halt. The agreement allows 180,000 to 190,000 barrels per...

Saudi Arabia’s New Murabba Replaces CEO as Riyadh Giga-Project Faces Spending Reviews and Delays

New Murabba has changed its leadership as Saudi Arabia reviews spending across major development projects. The move comes during a broader reassessment of investment...

Dubai Off-Plan Sales Soar in Business Bay Amid Market Boom

Dubai continues to break records, with Business Bay leading the charge in this vibrant property market. Investors from around the world focus on Business Bay for its luxury offerings and strong returns. Business Bay stands between Downtown Dubai and the...