Please wait...
GulfBase Live Support
Leave a message and our representative will contact you soon
- US govt shutdown sends airlines scrambling as travel chaos looms
- NBK wins award of GCC Excellence for Energy Efficiency in Buildings in 2025
- QSE index closes higher
- Gold price in Qatari market decline by 0.40% this week
- Nasdaq Dubai welcomes Binghatti Holding's debut $500m Green Sukuk
- Adnoc Distribution invests $300m yearly in region
- IHC says no plans to sell stake in Aldar Properties
- Aramex resumes deliveries to Syria after ten-year pause
- Parkin posts record Q3, sees better full-year growth on strong revenues
- Qatari firm to invest $29.7 billion in Egypt coastal development
07/11/2025 02:38 AST
Nasdaq Dubai has welcomed the listing of a $500 million debut Green Sukuk by Binghatti Holding Limited, one of Dubai's fastest growing property developers.
Issued under Binghatti's $1.5 billion Trust Certificate Issuance Programme, the Green Sukuk matures in 2029 and marks the company's first ESG-linked issuance. The offering was oversubscribed 4.3 times, receiving over $2.1 billion in orders from regional and international investors. Reflecting that robust demand, the issuance was priced at a profit rate of 7.75%, having tightened from initial guidance of 8.125%.
The proceeds from the Sukuk will be allocated to a portfolio of qualified green projects that align with Binghatti's sustainability framework. The issuance reinforces Binghatti's alignment with the UAE Net Zero 2050 initiative and supports Dubai's strategy to advance sustainable finance as a key pillar of its economic growth.
To commemorate the listing, Ahmed BinGhatti and Katralnada BinGhatti, Vice Chairman and CEO of Binghatti Holding Limited, respectively, rang the market-opening bell at Nasdaq Dubai in the presence of Hamed Ali, CEO of Nasdaq Dubai and Dubai Financial Market (DFM), and senior executives from both organisations.
Trade Arabia
07/11/2025
Iraq's state-owned oil company SOMO has offered more than 6 million metric tons of high-sulphur fuel oil (HSFO) between January and June 2026 in three tenders of varying volumes, according to market
Asharq Al Awsat
06/11/2025
Saudi Arabia's flagship entrepreneurship event, Biban Forum 2025, opened in Riyadh on Wednesday, drawing tens of thousands of investors, innovators, and business leaders from around the world as the
Arab News
05/11/2025
Abu Dhabi-based artificial intelligence (AI) company AIQ has entered the Indonesian market through a strategic agreement with SKK Migas, Indonesia's Special Task Force for Upstream Oil and Gas Busine
Gulfnews
| Ticker | Price | Volume |
|---|
07/11/2025
The Qatar Stock Exchange (QSE) index closed Thursday's trading higher by 52.32 points, or 0.48 percent, to settle at 11,058.92 points.
During the session, a total of 120,403,667 shares were
The Peninsula
06/11/2025
Bahrain All Share Index has closed at 2,079.68 points, marking an increase of 2.12 points above the previous closing.
This increase was due to the rise in the communications services sector,
BNA
06/11/2025
Tech companies led a sell-off across Asia on Wednesday as investors grow increasingly worried about an AI bubble following a rally this year that has seen valuations hit record highs.
Global
AFP
06/11/2025
Reflecting the global markets' concerns on valuation, especially of tech companies, the Qatar Stock Exchange today closed in the negative with its key index losing about 21 points, even as it managed
Gulf Times
04/11/2025
HH Sayyid Bilarab bin Haitham Al Said on Monday presided over the launch of the Alternative Investment Market (AIM) at the Muscat Stock Exchange (MSX).
This initiative is part of an integrat
Times of Oman
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia