DP World raises funds for green projects

Dubai terminal operator DP World has raised $1.5bn through a green sukuk. The sukuk, which was oversubscribed 2.3x due to strong demand from local, regional and international investors, is listed on both Nasdaq Dubai and the London Stock Exchange. Proceeds will be earmarked for eligible green projects including electrification, renewable energy, clean transportation and energy efficiency.

Tags: DP World, dubai, Green Projects
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