The UAE is set to introduce treasury bonds tailored for individual investors as part of an initiative to diversify investment opportunities. Younis Haji Al Khoori, the Undersecretary of the Ministry of Finance, revealed that the primary goal is to expand investment instruments, catering to a broader spectrum of both regular and individual investors.
This move aims to provide more savings options beyond traditional choices like real estate, stocks, or bank deposits. Al Khoori clarified that the timeline for issuing individual bonds is not yet set, with the current focus on issuing treasury bonds every six weeks in collaboration with the UAE Central Bank.
Emphasizing the public debt strategy’s key goal, he stated it aims to ensure necessary liquidity for the country’s financial sector. On corporate tax, Al Khoori mentioned its negligible impact on the growth of companies in 2023, attributing the attraction of companies to government incentives and regulatory updates.
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