Dubai Developer Nakheel Repays $1.2B Islamic Bond

Dubai Developer Nakheel Repays $1.2B Islamic Bond

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

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The video discusses Dubai's significant debt saga, focusing on Nykiel's repayment of a local currency Islamic bond. Despite this milestone, Dubai continues to restructure billions in debt, with companies like Dubai World and Dubai Drydocks extending maturities. The preference for bank funding over bond markets is highlighted, reflecting regional trends due to lower costs.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges are still faced by Dubai companies regarding their debts?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of the funding costs in the loans market for corporates in the UAE?

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