Dubai: The UAE telecom giant Etisalat has listed its 1 billion euro bonds (Dh4.45 billion) on Abu Dhabi Securities Exchange (ADX). The issue was more than six times oversubscribed, with demand from local and international investors. This “has provided Etisalat Group with an opportunity to diversify our sources of capital while taking advantage of the improved cost of funding," said Hatem Dowidar, CEO of Etisalat Group. "Listing on the Abu Dhabi Securities Exchange improves flexibility and transparency for Etisalat Group and investors in the debt capital markets.” The listing comes on the heels of Abu Dhabi Ports’ $1 billion listing earlier this month and the one in April of a 1.1 billion euro bonds issued by Mamoura Diversified Global Holding, a fully owned entity by Mubadala Investment Company.