Significant Listing Strengthens UAE-China Financial Ties
PC: wam.ae
Nasdaq Dubai has announced that two bonds totaling $2 billion were issued by China’s Ministry of Finance and listed on the exchange. This is a testament to the strengthening economic and financial collaboration between the UAE and China.
The issuance comprises two tranches, each with a maturity of three and five years, respectively: one is valued at $1.25 billion, while the second is valued at $750 million. These listings reflect the UAE’s ongoing commitment to fostering stronger economic ties with global markets, particularly with China.
Nasdaq Dubai has become a crucial listing hub for international bonds and debt. Including these bonds, its bond listings have reached $42 billion. The exchange currently has debt listings of a total value of $135 billion, across 156 issuances. Among them, more than half of the issuances are from a government or sovereign entity; hence, it’s clear that Nasdaq Dubai is a trustworthy platform for sovereign financial instruments.
Chinese entities remain one of the most important contributors to Nasdaq Dubai: they have so far listed more than $22 billion in debt on the platform, illustrating a deepening relationship between the Chinese financial sector and the market in the Middle East.
Commentaries by Leaders on this Milestone
Hamed Ali, the Chief Executive Officer of Nasdaq Dubai and Dubai Financial Market (DFM), emphasised the importance of the listing. He said, “This landmark issuance underscores Nasdaq Dubai’s position as a bridge for global capital, facilitating robust financial market interactions.”
Ian Johnston, Chief Executive of the Dubai Financial Services Authority (DFSA), shared a similar view and reflected on the regulatory environment providing fertile ground for international cooperation. He said, “At DFSA, we embrace Dubai’s vision for innovation and global connectivity, shaping a trusted regulatory environment that empowers businesses, including Chinese ones, to flourish and grow in an increasingly interconnected world.”
Indeed, the above listing reflects the strategic intent of the UAE to establish itself as a gateway for global financial markets. Upon achieving these sovereign issuances and facilitating international capital flow, Nasdaq Dubai remains on course in cementing its place as an important platform that fosters economic connectivity between countries.
As the exchange continues to grow, partnerships like these underscore its importance as the financial market bedrock of the region and a reliable partner for global issuers.
