Arada Developments LLC (“Arada”), rated B1 by Moody’s and B+ by Fitch, has successfully returned to the global debt markets via a successful issuance of a $400 million Senior Unsecured Sukuk, which has been listed on the London Stock Exchange and Nasdaq Dubai. The transaction marks the first issuance by a UAE real estate developer […]

Dubai South, the largest single urban master development focused on aviation, logistics and real estate, has signed an agreement with Phoenix Aviation for a new airside plot at Mohammed bin Rashid Aerospace Hub (MBRAH). The development will establish a centre of excellence for wide-body aircraft MRO, cabin modifications and completion and cargo conversion, supporting growing […]