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Arab Energy Fund raises $500 million on Nasdaq Dubai

United Arab Emirates

Arab Energy Fund raises $500 million on Nasdaq Dubai

The Arab Energy Fund (TAEF) has listed a USD 500 million Sukuk on Nasdaq Dubai, attracting orders exceeding USD 900 million and achieving 2x oversubscription, a strong vote of confidence from global investors in the multilateral institution's credit profile and energy sector mandate.

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