GulfBase Cap Indices
IndexLevelChg%
Large Cap3,810.8 0.19
Med Cap4,184.97 0.94
Small Cap5,148.94 0.68
Micro Cap9,242.94 1.58

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RIBL 23.5 58,376
UCA 35.8 167,716
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ASHIELD 47.8 439,173

GCC Daily Fixed Income Report 28-05-2012

Source: Kuwait Financial Center - Markaz

JAFZ Sukuk Holders Approve Early Redemption of $2 Billion- Jebel Ali Free Zone FZE, a business park operator in Dubai, will repay 7.5 billiondirhams ($2 billion) of Islamic bonds ahead of schedule, the latest of the emirate?s companies to settle financial obligations early. The majority of sukuk investors who voted for the plan will be “entitled to receive the consent fee of 100 dirhams per 100,000 dirhams in principal amount of the certificates” on or about May 29, Jebel Ali said in a statement to Nasdaq Dubai.

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