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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Investment more

Dubai royal invests in bonds, sees positive outcome

Posted on 01 December 2009

From Arabianbusiness.com: A member of Dubai’s ruling family said on Monday he had made “significant investment” in the emirate’s bonds following a government decision to renegotiate the debts of its flagship company.

Sheikh Maktoum Hasher Maktoum Al Maktoum, CEO of the UAE-based conglomerate Al Fajer Group and nephew of Dubai’s ruler, Sheikh Mohammed bin Rashid Al Maktoum, told Arabian Business that he made the investment across three of the Dubai’s bonds on the first day of trading following the Eid break…………………………….Full Article: Source

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