Abu Dhabi Secures US$5 Billion in Fresh Funding
The Department of Finance for the emirate of Abu Dhabi (DoF) announced a successful issuance of US$5 billion worth of treasuries. The bonds were divided across three tranches, catering to a range of investor preferences. This move signals Abu Dhabi’s continued ability to tap into global capital markets and raise funds for its strategic development goals. The issuance comes amidst a backdrop of rising oil prices, which […]