Advertisement

UAE to Introduce Individual Treasury Bonds for Investment Diversification

  • Web Desk
  • Share

UAE to Introduce Individual Treasury Bonds for Investment Diversification

UAE to Introduce Individual Treasury Bonds for Investment Diversification

Advertisement
  • The UAE plans to launch Treasury bonds for individual investors.
  • The Undersecretary of the Ministry of Finance aims to expand investment opportunities.
  • The public debt strategy aims to ensure essential liquidity for the financial sector.
Advertisement

The UAE plans to launch treasury bonds designed for individual investors to widen investment options. Younis Haji Al Khoori, the Undersecretary of the Ministry of Finance, stated that the aim is to increase investment opportunities for a wider range of investors, including regular individuals.

UAE to Introduce Individual Treasury Bonds for Investment Diversification

Advertisement
Advertisement

This initiative seeks to offer additional savings alternatives beyond conventional options such as real estate, stocks, or bank deposits. Al Khoori explained that the schedule for releasing individual bonds is still undetermined, with the current emphasis on issuing treasury bonds every six weeks in partnership with the UAE Central Bank.

Also Read

Umrah Package Prices in the UAE Rises as Ramadan nears

Demand for Umrah pilgrimage rises as Ramadan approaches, particularly among UAE residents....

Advertisement
Advertisement

Highlighting the primary objective of the public debt strategy, he noted it strives to guarantee essential liquidity for the nation’s financial sector. Regarding corporate tax, Al Khoori noted its minimal effect on companies’ growth in 2023, attributing the appeal of companies to government incentives and regulatory enhancements.

Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Read More News On

Catch all the Business News, Breaking News Event and Latest News Updates on The BOL News


Download The BOL News App to get the Daily News Update & Live News.


Advertisement
End of Story
BOL Stories of the day
UAE 30-Day Visit Visa Fee Update for Pakistanis - June 2024
Dubai Faces Sweltering Heat As Temperatures Hits Record High!
Pakistani Passport Latest Renewal Fee in UAE Dirham - June 2024
Dubai Driving License Latest Renewal Fee for Indians - May 2024
UAE Unveil 10-Year Blue Residency Visa: Check Details Inside!
Dubai Prepares for Summer Vacation 2024 Amidst Rising Temperatures!
Next Article
Exit mobile version