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DUBAI /Â WAM
Nasdaq Dubai welcomed the listing on Sunday of a US$400 million conventional bond by the Industrial and Commercial Bank of China (ICBC). It was the second bond to be listed by ICBC on the Middle East’s international exchange, following a $500 million listing in May, 2015. The new listing underlines the continuing expansion of capital markets links between the UAE and China, as well as the success of Dubai in positioning itself as the leading financial centre in the Middle East.