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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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◆ Issuers and investors look for clues after violent price swings ◆ Which borrowers will lead autumn deal spree ◆ How pricing has shifted in primary market -
Volatility this week will not deter market reopening but may impair an already ‘thin and fragile’ IPO pipeline
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Some borrowers may accelerate bond plans, while others may have to hold fire
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The government has scraped together enough funding to get by, but some analysts still see chance of ‘messy’ crisis
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Seven IPOs expected in Middle East from September while South African issuance to be more gradual
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Earnings have been ‘mixed’ but investors expect supply to keep coming
Sub-sections
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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
