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There was no clear reason why local banks were not picked, sources said, for first time in 17 years
Local banks play a vital role for the country in both domestic and international capital markets
Saudi Arabia's wealth fund sold a 2% stake in telecoms utility
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Books had grown since a ‘little underwhelming’ figure released at revised guidance
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Modern Mills is expected to raise $300m on the Tadawul in the first large Saudi IPO of 2024
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Sovereign's largest ever new issue received positively, despite issuer's many credit challenges
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The sovereign has €10bn of gross borrowing requirements this year
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Saudi Arabia's Alinma Bank plans a debut issuance in the subordinated format
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The Kingdom is facing budget deficits after 2022's surplus
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
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Sponsored by Emirates NBD Capital
Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
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Sponsored by European Investment Bank
European Investment Bank: Supporting sustainable development in North Africa