After the world’s first multi-currency digital bond offering was oversubscribed, a government spokesperson told FA that tokenised bonds are moving from ‘proof of concept’ into ‘production’.
The partnership between the global bank, which opened an office in Abu Dhabi's financial centre last year, and the UAE sovereign fund, will have a particular focus on India.
Mainland Chinese firms Guming Holdings and the Mixue Group could be the first of many to seek IPOs in the SAR this year, as PwC predicts $12.8bn of deals in 2024, and KPMG sees a return to the top five global rankings.
The current co-chief operating officer will become the first woman to take on the role after Nicolas Aguzin decided to not seek reappointment at the end of his current contract.