Tag Archives: Featured

DIB Successfully Issues Debut Sustainability-Linked Financing Sukuk

  • The USD 1 billion issuance marks DIB’s first Sustainability-Linked Sukuk, introducing a performance-linked structure to the Bank’s sustainable finance platform.
  • The Sukuk was more than 2x oversubscribed, reflecting strong global investor confidence in DIB’s financial performance and ESG-aligned approach.

Dubai, UAE – 14 November 2025: 

DIB, the world’s first Islamic bank and the largest in the UAE (rated A3 by Moody’s and A by Fitch), announced that it has successfully accessed the international Sukuk market with a USD 1 billion Sustainability-Linked Sukuk, priced at a profit rate of 4.572% per annum with a tenor of five years.

The issuance represents a significant milestone, marking the Bank’s first Sukuk to be issued in a Sustainability-Linked format. This builds on the Bank’s earlier achievement of being the first Islamic institution to establish a Sustainability-Linked Finance Facilities Financing (SLFFF) Framework. The issuance highlights the Bank’s commitment to innovative financial structures and sustainability, playing an important role in supporting the UAE’s Net Zero 2050 Initiative.

Continue reading DIB Successfully Issues Debut Sustainability-Linked Financing Sukuk

ELEVATE and Ennismore Open Pre-Sales for AED 1.8 Billion Mondrian Al Marjan Island Beach Residences

ELEVATE and Ennismore Open Pre-Sales for AED 1.8 Billion Mondrian Al Marjan Island Beach Residences Ahead of Global Launch

An exclusive opportunity to own in Ras Al Khaimah’s most anticipated beachfront address

Ras Al Khaimah, UAE – November 2025 –Mondrian Al Marjan Island Beach Residences, developed by ELEVATE in partnership with Ennismore, is now open for private sales and expressions of interest.

This marks the first opportunity for buyers to secure a home in Ras Al Khaimah’s most awaited branded beachfront residence ahead of its highly anticipated grand unveiling on 26 November 2025 at The Royal Atlantis.

Continue reading ELEVATE and Ennismore Open Pre-Sales for AED 1.8 Billion Mondrian Al Marjan Island Beach Residences

Seven Mayfair Unveils AED 1 Billion Development ‘Mayfair Nexus’

Seven Mayfair Unveils AED 1 Billion Development ‘Mayfair Nexus’ in Wadi Al Safa 7 with a Spectacular Drone Show

Dubai, UAE — November 12, 2025:
Seven Mayfair Real Estate Development marked its official entry into Dubai’s real estate landscape with the grand reveal of its first project, Mayfair Nexus, valued at AED 1 billion, during an exclusive event held at Mayfair Gardens, the project site in Wadi Al Safa 7.

Continue reading Seven Mayfair Unveils AED 1 Billion Development ‘Mayfair Nexus’

Sharjah Ruler awards 9th Sharjah International Award for Refugee Advocacy and Support to KONEX Africa


Sharjah, November 12, 2025

His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, in the presence of His Highness Sheikh Sultan bin Ahmed Al Qasimi, Deputy Ruler of Sharjah and the Humanitarian Envoy for The Big Heart Foundation (TBHF), and Her Highness Sheikha Jawaher bint Mohammed Al Qasimi, wife of the Sharjah Ruler, Chairperson of TBHF and UNHCR Eminent Advocate for Refugee Children, honoured Konexio Africa as the winner of the ninth edition of the Sharjah International Award for Refugee Advocacy and Support (SIARA).

Continue reading Sharjah Ruler awards 9th Sharjah International Award for Refugee Advocacy and Support to KONEX Africa

H.E. Butti Saeed Al Ghandi opens Paperworld Middle East and Gifts & Lifestyle Middle East

Paperworld Middle East and Gifts & Lifestyle Middle East unites over 650 regional and international brands across five halls at Dubai World Trade Centre this week

The co-located events showcase leading exhibitors from 38 countries

The region’s largest international trade show for paper, stationery, office, school supplies, gifting and lifestyle products will be held until 13 November  

Continue reading H.E. Butti Saeed Al Ghandi opens Paperworld Middle East and Gifts & Lifestyle Middle East