Sukuk and listed bonds will be used to refinance certain loans and provide liquidity



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Sultan Bin Sulayem, chairman of DP World, said the sukuk and listed bonds would be used to refinance some of the loans whose repayment is scheduled for next year.

Sultan Bin Sulayem added that the company, in proposing these bonds, aimed to provide liquidity to seize opportunities in the coming years.

DP World today listed $ 3.3 billion in Sukuk and bonds at NASDAQ Dubai.

For his part, Sultan bin Sulayem predicted that the company would achieve good results by the end of the year.

He pointed out that the company had initiated proceedings in Hong Kong against a Chinese company for violation of its franchise in Djibouti.

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