The United Arab Emirates, represented by the Ministry of Finance as the issuer, and in cooperation with the Central Bank of the Emirates as the issuing and paying agent, announced the results of the fourth auction for the issuance of federal treasury bonds denominated in UAE dirhams, which witnessed the first issuance
Mohamed Bin Hadi Al Hussaini, Minister of State for Financial Affairs, on Thursday rang Nasdaq Dubai’s market-opening bell to celebrate the listing and circulation of Dhs1.5 billion,
The inaugural issuance of the local currency treasury bonds program witnessed a strong appetite from investors in the region and globally being 6.3 times oversubscri.