Dewa on course for Dh4bn sukuk in first quarter
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Dewa on course for Dh4bn sukuk in first quarter

Dubai Electricity and Water Authority (Dewa) has reaffirmed it is planning to issue a sukuk worth around Dh4bn ($1.09bn) in this year’s first quarter and that it is in talks with banks to arrange the deal. Dewa will use proceeds to refinance existing debt and invest in projects.

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