Emaar Properties saw strong demand for a $500m seven-year Islamic bond, or sukuk, priced on Thursday, arranging banks said, in the latest sign that investor confidence in Dubai is returning as state-owned firms repay their debts.
Orders worth $4.65bn were placed for the sukuk from 185 individual investors, according to statistics provided by the lead banks.
http://www.arabianbusiness.com/emaar-sukuk-cements-dubai-investor-rebound-465730.html
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