Monday 26 January 2015
 
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Flydubai

Flydubai lists $500m inaugural sukuk on Nasdaq Dubai

Flydubai celebrated the listing of the airline’s $500 million (Dh1.84 billion) inaugural sukuk on Nasdaq Dubai. Ghaith Al Ghaith, chief executive officer of flydubai, today (January 14) rang the market-opening bell, for the

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Nejran welcomes flydubai’s first flight

Dubai-based flydubai recently landed its inaugural flight to Nejran, Saudi Arabia, and was greeted by a traditional water cannon salute. Receiving the aircraft were senior officials from the Nejran Governor’s office, the General A

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Flydubai announces three new routes

Dubai-based flydubai has announced the addition of three new routes, commencing in the first quarter of 2015. Flights to Chennai (India), Hargeisa (Somaliland) and Nejran (Saudi Arabia) will commence next year, further expanding the car

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Dubai Aviation Corp launches $500m sukuk

Dubai Aviation Corp, known as flydubai, has launched a $500 million five-year sukuk at the tight end of its previously-marketed price range, with the sale set to complete later on Wednesday, a document from lead managers said. The

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Dubai Aviation Corp launches $500m sukuk

Dubai Aviation Corp, known as flydubai, has launched a $500 million five-year sukuk at the tight end of its previously-marketed price range, with the sale set to complete later on Wednesday, a document from lead managers said. The

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Flydubai H1 net profit up 40pc ahead of debut sukuk

Budget carrier Dubai Aviation Corp, known as flydubai, posted a 40 per cent increase in net profit in the six months to June 30, it said in an investor presentation to market its potential debut sukuk. The unlisted airline, which

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Flydubai picks 7 banks for sukuk roadshow

The United Arab Emirates' flydubai has mandated CACIB, Dubai Islamic Bank, Emirates NBD, HSBC, NBAD, Noor Bank and Standard Chartered to arrange a series of fixed incoming investor meetings for a potential dollar-denominated benchmark sukuk.

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Flydubai doubles Africa network with 2 new flights

Dubai-based Flydubai, a leading low-cost carrier, has doubled its African network to 12 destinations this year with the launch of inaugural flights to Dar es Salaam and Zanzibar in Tanzania which touched down yesterday (October 22).

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Flydubai hires seven banks for debut sukuk

Low-cost airline Flydubai has mandated Credit Agricole CIB, Dubai Islamic Bank, Emirates NBD, HSBC, National Bank of Abu Dhabi, Noor Bank and Standard Chartered to arrange a potential debut sukuk issue, according to two sources. T

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Flydubai launches new flights to Africa

Dubai-based flydubai has launched new flights to three destinations in Africa - Entebbe in Uganda; Kigali in Rwanda; and Bujumbura in Burundi. Flydubai’s inaugural flights to the new locations were welcomed with traditional water

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