Daily Archives: June 29, 2026

Business & Investments, Featured

Arab Energy Fund Lists $500M Sukuk on Nasdaq Dubai

  • The Arab Energy Fund listed a USD 500 million Sukuk due 2031 on Nasdaq Dubai.
  • The five-year Sukuk carries a profit rate of 4.686% and was priced at a spread of 70 basis points over SOFR.
  • The issuance was 2x oversubscribed, with the order book exceeding USD 900 million.
  • The total value of currently outstanding Sukuk listed on Nasdaq Dubai now exceeds USD 98.6 billion.

Dubai, UAE – 29 June 2026: Nasdaq Dubai welcomed the listing of a USD 500 million Sukuk issued by The Arab Energy Fund (TAEF), a leading multilateral impact financial institution focused on the energy sector. The transaction reflects the longstanding engagement between The Arab Energy Fund and Nasdaq Dubai and contributes to the depth of the exchange’s Sukuk market.

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Business & Investments

Secure Your Valuables at Vintage Vaults in Dubai

  • Vintage Vaults, located at Mall of the Emirates in Dubai, provides safe deposit box rental in seven sizes with complimentary insurance of up to AED 2 million and year-round access for both residents and non residents  storing jewellery, watches, gold, documents, collectibles or any other valuables.
  • With summer travel increasing across the UAE, Vintage Vaults offers a secure alternative to home storage, featuring UL-certified vault infrastructure, biometric authentication, AI-driven monitoring and direct integration with Dubai Police and SIRA-connected security systems.

Sherif El Haddad, Founder and CEO of Vintage Vaults

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