T + T – Normal size
a statement His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, on the exceptional successes achieved by the government treasury bonds and sukuk programmes launched by the Ministry of Finance in 2022.
His Highness said that since their launch until the end of August 2024, the two programmes have witnessed 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. In addition, two-year treasury bonds worth AED 4.85 billion were repaid in May 2024.
His Highness stressed that the UAE, with the vision of its wise leadership and ambitious financial policies, has no limits to what it can achieve to always be at the forefront of nations.
His Highness praised this success, which 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 a global destination attracting financial investments that tops global economic indicators.
His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum said in a post on the social media platform “X”: “The government treasury bonds and sukuk programme launched by the Ministry of Finance in 2022 has achieved exceptional successes, as it witnessed, since its 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 treasury bonds for a period of two years were repaid for a total of AED 4.85 billion in May 2024.”
His Highness added: “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 concluded: “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.”
