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Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

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Equinor signs $27 bn gas deal

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Nasdaq Dubai welcomes US$ 3.25bn Indonesian Sukuk listings

Nasdaq Dubai on Monday welcomed the listing of two Sukuk tranches issued by the Government of Indonesia, with a total value of US$ 3.25 billion.
By TRENDS Desk
June 7, 2022 2:42 pm
  • The two tranches comprise US$ 1.75bn five-year Trust Certificates with a 4.40% yield and US$ 1.5 billion 10-year Trust Certificates with a 4.70% yield
  • The listings further strengthened Dubai’s position as one of the largest centers for Sukuk listings globally, with a total listed value of US$ 80.9 billion

Nasdaq Dubai on Monday welcomed the listing of two Sukuk tranches issued by the Government of Indonesia, with a total value of US$ 3.25 billion.

The two tranches comprise US$ 1.75 billion five-year Trust Certificates with a 4.40 percent yield and US$ 1.5 billion 10-year Trust Certificates with a 4.70 percent yield.

The Government of Indonesia is one of the largest Sukuk issuers on Nasdaq Dubai, with the new listings increasing the total value of Sukuk listed by the Government on Nasdaq Dubai to US$ 22 billion.

The listings further strengthened Dubai’s position as one of the largest centers for Sukuk listings globally, with a total listed value of US$ 80.9 billion.

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