Emirates NBD rings market-opening bell at Nasdaq Dubai to celebrate $750m bond listing reporters@khaleejtimes.com Filed on January 20, 2021
Hesham Abdulla Al Qassim and other senior delegates at market-opening bell at Nasdaq Dubai to celebrate listing of $750 million conventional bond. Supplied photo
Bank is largest financial services bond issuer on the exchange with six listed issuances valued at $4.35 billion.
Emirates NBD marked the first public debt issuance from the UAE in 2021 by listing $750 million conventional bond. The proceeds will assist the bank to support customers and the wider UAE economy in achieving comprehensive recovery from the effects of Covid-19.
The five-year bond listed on Nasdaq Dubai on January 13, 2021 pays a coupon of 1.638 per cent, the lowest ever coupon on a five-year benchmark transaction from Emirates NBD. The issuance attracted $2.3 billion in orders from over 140 accounts with 49 per cent of appetite coming from Asia,
DFM inaugurates REITs trading with listing of Al Mal Capital REIT
DUBAI, 18th January, 2021 (WAM) Dubai Financial Market (DFM) today hosted a bell ringing ceremony to celebrate the commencement of Real Estate Investment Trusts (REITs) trading with the listing of Al Mal Capital’s REIT.
The introduction of REITs is a key milestone in DFM’s journey to diversify product offering and asset classes, broadening the scope of opportunities offered to its vast investor base of local and international investors.
Khalid bin Kalban, Vice Chairman and CEO of Dubai Investments and Chairman of Al Mal Capital, rang the market opening bell in the presence of Essa Kazim, Chairman of DFM, Hassan Al Serkal, CEO of DFM, Naser Al Nabulsi, Vice Chairman and CEO of Al Mal Capital and Hamed Ali, CEO of Nasdaq Dubai and Deputy CEO of DFM.
Date
18/01/2021
H.E. Essa Kazim: “Significant milestone that reinforces DFM’s diversification strategy, providing investors with new products and investment opportunities”
Khalid Bin Kalban: “Through the listing, we aim to deliver on our high aspirations and strategic priorities of driving long-term value and growth to our stakeholders”
Dubai Financial Market (DFM) today hosted a bell ringing ceremony to celebrate the commencement of Real Estate Investment Trusts (REITs) trading with the listing of Al Mal Capital’s REIT, (trading symbol: AMCREIT). The introduction of REITs is a key milestone in DFM’s journey to diversify product offering and asset classes, broadening the scope of opportunities offered to its vast investor base of local and international investors.
DFM kicks off REIT trading with Al Mal Capital unit listing
DUBAI, January 18, 2021 Dubai Financial Market (DFM) on Monday (January 18) hosted a bell ringing ceremony to celebrate the commencement of Real Estate Investment Trusts (REITs) trading with the listing of Al Mal Capital’s REIT. The introduction of REITs is a key milestone in DFM’s journey to diversify product offering and asset classes, broadening the scope of opportunities offered to its vast investor base of local and international investors. Khalid bin Kalban, the Vice Chairman and CEO of Dubai Investments and Chairman of Al Mal Capital, rang the market opening bell in the presence of senior DFM officials including Chairman Essa Kazim and CEO Hassan Al Serkal in addition to Al Mal Capital Vice Chairman and CEO Naser Al Nabulsi and Nasdaq Dubai CEO and DFM Deputy CEO Hamed Ali.