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Dubai property concerns hit top builder's sukuk

Yield on Damac's 2019 debt jumps 69 bps to 5.87% in June

[DUBAI] Islamic bonds from Damac Real Estate Development Ltd have become the region's worst performers this year just three months after they were issued, amid concern Dubai's property boom is running out of steam.

The developer, which once raffled a Caribbean island in a bid to sell more...

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