ADGM’s FSRA has published a paper proposing wide-ranging amendments covering virtual assets, securities, derivatives, commodities and benchmarks
The UAE passed a law in October 2018 allowing the federal government to issue sovereign debt for the first time
The Gulf Arab kingdom is selling benchmark-size seven-year debt, 12-year securities and/or notes maturing in 30 years
Saudi Arabia is seeking to diversify its economy away from petroleum by building new industries