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Jebel Ali to sell bonds
- United Arab Emirates: Saturday, November 10 - 2007 at 08:17
The Jebel Ali Free Zone is to sell conventional and Islamic bonds to help fund its $2.2bn expansion plans, reported Bloomberg citing the Standard and Poor's rating agency. The firm is expected to sell global medium-term dollar notes as well as musharaka sukuk before the end of the year. The free zone was unavailable for comment.
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Jonathan Sheikh-Miller, Deputy EditorSaturday, November 10 - 2007 at 08:17 UAE local time (GMT+4)
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