A sale of dollar-denominated benchmark-sized Regulation S and 144A securities may follow, subject to market conditions, said the person, asking not to be identified because the information is private.
Mohamed is also a director at Falcon Private Bank, and was a board member from 2009 to 2013, and was re-appointed in April last year.
Should the transaction materialise, it would be a rare bond sale from an Abu Dhabi government-related entity, meaning it would likely garner significant interest from international investors keen to add the highly-rated emirate to their portfolios.
Dubai, the Gulf’s tourist and business hub, is developing hotels and entertainment projects as it aims to attract 20 million tourists annually by 2020
Istanbul’s surging population growth, coupled with the influx of new-build property, will keep its real estate market at the forefront of many investors’ minds.