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Arada Completes Successful Closure of $450 Million Sukuk

Dubai: Arada Developments LLC, rated B1 by Moody’s and B+ by Fitch, has successfully completed the issuance of a US$450 million Sukuk, which has been listed on the London Stock Exchange and the Nasdaq Dubai. The five-year fixed rate RegS Sukuk issuanc…

Saud Bin Saqr Welcomes Spanish Ambassador to Ras Al Khaimah

Ras al khaimah: H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, today received Emilio Pin Godos, the newly appointed Ambassador of the Kingdom of Spain to the UAE, at his palace in Saqr bin Mohammed city. The m…

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