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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Capital Market (Equity, Mutual Funds), Emerging Trends more

Dubai companies will look to bonds over IPOs

Posted on 11 May 2009

From Arabianbusiness.com: Low investor demand for new share offerings in the next few years could see Dubai companies looking to sell bonds instead to raise cash, according to the emirate’s chief financial regulator.

Speaking on the sidelines of the Islamic Finance services Board summit on Singapore on Friday the CEO of the Dubai Financial Services Authority said there would be little room for IPOs in the UAE in the coming years…….Full Article: Source

 
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