His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, said today, Sunday, that the government treasury bonds and sukuk programme has achieved exceptional successes.
His Highness wrote on the “X” platform (formerly Twitter): “The government treasury bonds and sukuk program, launched by the Ministry of Finance in 2022, has achieved exceptional successes.”
His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum added that the two programmes “witnessed, since their launch until the end of August 2024, the issuance of treasury bonds worth AED 11.2 billion, and Islamic treasury bonds worth AED 13.8 billion, for a total of AED 25 billion, and the two-year treasury bonds were repaid for a total of AED 4.85 billion in May 2024.”
His Highness explained that “this success confirms the firm confidence in the UAE’s investment environment. It reflects the strength of our financial performance and ability to provide safe and advanced investment alternatives, and today confirms the UAE’s position as an attractive global destination for financial investments that tops global economic indicators.”
His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum concluded by saying, “With the vision of our wise leadership and ambitious financial policies, there is no limit to what we can achieve to keep the UAE at the forefront of nations.”
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