The Abu Dhabi Securities Exchange (ADX) has revived a plan for companies to list bonds and sukuk on the capital's stock exchange and is seeking its first issuer.
The plan, which emerged in July last year, encountered snags including the region's recent bout of political unrest, according to Rashid al Baloushi, the deputy chief executive of the ADX.
But after the completion of regulatory changes, the exchange is seeking its inaugural bond or sukuk to act as a benchmark for future issuances.
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