Abu Dhabi: The UAE is set to introduce treasury bonds designed specifically for individual investors, marking a strategic move to broaden investment opportunities within the market.

Younis Haji Al Khoori, Undersecretary of the Ministry of Finance, emphasized that the issuance of these treasury bonds aims to diversify investment options available to investors, including individual investors.

This initiative aims to expand the range of savings avenues beyond traditional choices such as real estate, stocks, or bank deposits, providing individuals with more accessible and diverse investment opportunities.

Al Khoori noted that while there isn't a fixed timeline for the launch of individual bonds, the ministry's current focus lies on the regular issuance of treasury bonds every six weeks, in partnership with the UAE Central Bank.

Highlighting the significance of the public debt strategy, the Undersecretary emphasized its role in ensuring the availability of liquidity within the country's financial and banking sector. This liquidity facilitates the purchase of bonds to meet specific financial requirements.

Regarding corporate tax, Al Khoori stated that its implementation in 2023 did not hinder the growth of companies in the UAE. He attributed this growth to various government incentives, legislative updates, and regulatory enhancements, along with strategic decisions by the Cabinet. These factors have collectively attracted a considerable number of companies, both establishing new headquarters and relocating to the UAE.