ارتفاع الطلب على سندات وصكوك الشركات بالإمارات في الربع الأول 2024

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Transcript

00:00 The UAE's non-oil sector is expected to grow by 4.7% in 2024.

00:10 Companies are looking to secure the necessary capital to expand,

00:14 which is evident in the growth and size of their exports of new stocks and bonds.

00:19 Experts believe that the preference of the bonds market over the traditional debt market is a healthy matter,

00:24 attracting investors with high quality and providing safe investment alternatives.

00:30 The money and the abundance of money is the only savior in the economic movement of any country.

00:37 There are tools, whether you take traditional debt from commercial banks or issue government bonds,

00:45 which are guaranteed for some investors.

00:49 On the contrary, bonds are an excellent source of income.

00:56 According to many, the financial situation of most UAE exporters is stable.

01:01 As for the risks of the growth of exports of bonds and bonds,

01:04 they are related to the high interest rates.

01:07 The government, which was represented in the previous Ministry of Finance,

01:11 has decided to issue bonds and bonds worth 5 billion dirhams in the first quarter of this year.

01:16 In total, the government issued 7.7 billion dirhams last year.

01:21 Among all this, the Abu Dhabi stock market has recently become the first box for the circulation of bonds in the country.

01:28 This kind of market is a luxury for large companies or large investment companies.

01:36 Currently, the availability of this product in the Abu Dhabi stock market has become an entry point for investors, especially individuals.

01:45 While some see several reasons for increasing the acceptance of companies to these exports,

01:50 either to cover previous exports or to meet the financial needs according to the promised opportunities,

01:55 or to diversify the sources of funding,

01:58 among the exports during the first quarter,

02:01 the government issued a bond of 300 million dollars in the form of a contract,

02:06 and it was issued in Nasdaq Dubai, in order to pay for the company's growth.

02:10 The Dubai stock market is a very promising market.

02:13 We are seeing a very large growth in the market.

02:16 We acquired lands worth more than one billion dirhams before issuing these bonds.

02:21 These acquisitions were supported by the company's cash flows.

02:26 Today, these bonds will help the working capital.

02:31 It is pointed out that since the beginning of the current year,

02:33 the exchange of bonds of dollars and dirhams in the Abu Dhabi stock market has been among the exports,

02:39 worth 4.5 billion dollars and 750 million dirhams.

02:43 The first Abu Dhabi bank issued a bond of 800 million dollars,

02:47 and the Dubai Islamic Bank issued a bond worth a billion dollars,

02:50 and the Sharjah government issued a bond worth 750 million dollars.

02:56 In a previous year, the Fitch Insurance Company's debt issuance rate rose by 10% in the UAE

03:04 during the year 2023, recorded at about 270 billion dollars.

03:09 The company is expected to reach a debt issuance of about 300 billion dollars by 2024-2025.

03:17 On the other hand, Nasdaq Dubai is one of the largest real estate and bonds platforms in the world,

03:25 with a total value of more than 131 billion dollars.

03:29 For Simpsons Arabia, I am Nada Abdel Salam, Dubai.