September 15th, 2025 - 08:12 GMT
OMNIYAT, Dubai’s leading ultra-luxury real estate developer, has successfully priced a USD 400 million 3.5-year Sukuk, marking its second issuance in less than six months. At significantly improved terms, the transaction highlights the strong investor confidence in the Company’s credit story and Dubai’s resilient luxury real estate sector. The Sukuk will be listed and traded on the London Stock Exchange’s International Securities Market and Nasdaq Dubai in the coming days. The Sukuk attracted strong demand from international as well as regional investors, with the orderbook peaking above USD 1 billion ...