Abu Dhabi looking to issue bonds

Abu Dhabi business leaders will gather in London today to gauge support among potential investors for infrastructure projects expected to reach more than US$100 billion (Dh367.29bn).

Bankers and analysts expect much of the finance needed to deliver future major projects to come from international bond markets, which have shown strong appetite for the emirate’s debt.

The meeting comes as corporations across the emirate prepare investor road shows and local credit markets start looking up.