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Tuesday, 1 August 2017

Abu Dhabi's Senaat asks proposals for dollar sukuk - sources

Abu Dhabi's Senaat asks proposals for dollar sukuk - sources:

"Abu Dhabi's Senaat, a state-owned investor in the emirate's industrial sector, has asked banks for proposals to arrange a U.S. dollar denominated sukuk, or Islamic bond, sources familiar with the matter said on Tuesday. It would be the first dollar bond issued by the company, one of the largest industrial investment companies in the United Arab Emirates. The company did not immediately respond to a request for comment."



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