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Company has notably teamed-up with major names like UAE Artificial Intelligence Office and FAB

This growth highlights the country's evolving financial landscape and its strategic role within the sukuk market

With fractional sukuk, retail investors can invest as little as $1,000 in the sukuk market rather than a minimum of $200,000

The agency notes a rise in foreign currency sukuk issuance, particularly in real estate and finance, to attract foreign investment

The auction attracted interest from eight primary dealers for both tranches maturing in May 2027 and September 2029

Nasser noted that Asia and the Global South are often overlooked in transition plans, impacting the world

The bank is diversifying its financing portfolio, with total customer financing at AED36.6 billion

The issuance drew a diverse investor base, including banks and fund managers from Europe, Asia, and the Middle East

The listings comprise 10 conventional tranches and 6 additional issues categorized as green bonds and sukuk focused on sustainability

EDB will provide guarantees of up to 50 percent for the financing offered to SMEs by ADIB

The programs saw the issuance of treasury bonds worth $3.05 billion and Islamic sukuk worth $3.76 billion

Non-oil economic growth in GCC countries to remain strong in 2025 due to ambitious government economic diversification plans