Ras Al Khaimah’s $1 Billion Sukuk Listing on Nasdaq Dubai
Nasdaq Dubai has welcomed the listing of a $1 billion, 10-year senior unsecured Sukuk issued by the Government of Ras Al Khaimah (RAK) through its Investment and Development Office (IDO). The Sukuk, maturing in 2035, carries a profit rate of 5.038% and was issued under RAK Capital’s $2 billion Trust…
Ras Al Khaimah’s $1 Billion Sukuk Listing on Nasdaq Dubai
Nasdaq Dubai has welcomed the listing of a $1 billion, 10-year senior unsecured Sukuk issued by the Government of Ras Al Khaimah (RAK) through its Investment and Development Office (IDO). The Sukuk, maturing in 2035, carries a profit rate of 5.038% and was issued under RAK Capital’s $2 billion Trust…
Ras Al Khaimah’s $1 Billion Sukuk Listing on Nasdaq Dubai
Nasdaq Dubai has welcomed the listing of a $1 billion, 10-year senior unsecured Sukuk issued by the Government of Ras Al Khaimah (RAK) through its Investment and Development Office (IDO). The Sukuk, maturing in 2035, carries a profit rate of 5.038% and was issued under RAK Capital’s $2 billion Trust…
Nasdaq futures tumble as China’s AI push rattles Big Tech
Futures linked to the tech-heavy Nasdaq tumbled on Monday as the overwhelming popularity of an inexpensive Chinese artificial intelligence model sparked a selloff in AI-related shares, with megacap stocks including Nvidia the worst hit.Chinese startup DeepSeek has rolled out a free assistant it says uses lower-cost chips and less data,…
