

Nasdaq Dubai has announced the listing of USD 500 million Sustainability Sukuk issued by Warba Bank, marking the first such issuance in Kuwait. This listing is part of Warba Bank's USD 2 billion trust certificate issuance program and aims to support sustainable projects in line with global sustainability goals. The exchange, a leading platform for fixed income and ESG-related listings, now holds a total value of USD 134 billion in listed fixed income securities, including USD 30 billion in ESG listings, with ESG Sukuk accounting for USD 18 billion. The issuance attracted strong investor interest, with orders reaching USD 1.8 billion, 3.6 times the issuance size. The listing was celebrated with a bell-ringing ceremony attended by Shaheen H. Al Ghanem, CEO of Warba Bank, and Hamed Ali, CEO of Nasdaq Dubai and DFM. Both executives highlighted the importance of sustainable finance and the role of Nasdaq Dubai in supporting such initiatives.
The Dubai Financial Market (DFM) released a weekly summary for regulated short sell transactions for the period from August 5, 2024, to August 9, 2024. During this period, EMAAR Development PJSC had a short sell trade volume of 4,700 shares with a trade value of AED 37,121, while EMIRATES NBD PJSC had a short sell trade volume of 120 shares with a trade value of AED 2,370. For more information on regulated short selling, refer to the DFM Market Rules and Operational Model available on the DFM website. The announcement is also accessible on the DFM website. Note that the information provided is subject to change and DFM is not liable for any loss resulting from the use of this data.