Dossier
Shamsheer Vayalil
Coverage of Shamsheer Vayalil in the Nexus archive.
- Burjeel issues $500M Islamic bond as market thaws
Abu Dhabi-listed Burjeel Holdings issued a $500 million Islamic bond, part of a $1.5 billion borrowing plan delayed by the Iran war. The bond attracted three times the supply in demand, primarily from international investors, signaling thawing Gulf debt markets. Proceeds will refinance existing debt and fund research and clinical trials.