The Dubai Financial Services Authority announced that the total number of licensed companies has increased to 630 companies at the end of June 2023, as 50 new companies were licensed during the first half of this year, an increase of 43%, compared to the same period last year, which saw 35 companies licensed.
The authority indicated, according to Emirates Today newspaper, that the market for debt securities listed in the Dubai International Financial Center continues to grow, as there are currently 169 debt securities worth $ 112.5 billion included in the official list and listed for trading on Nasdaq Dubai.
She added that 18 debt bonds were listed with a listing value of $8.7 billion during 2023, representing seven sukuk at a value of $4.6 billion, in addition to 11 conventional bonds at a value of $4.1 billion.
She said that the number of listings of bonds and sukuk related to issues of governance and social responsibility grew year on year to reach $22.3 billion, led by foreign banks, sovereign issuers, and UAE issuers.