Middle East
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The facility is being used to drive Saudi investment in industries away from petrochemicals -
Sovereign jumps in to make a start on gargantuan funding plans
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The Kuwaiti bank was one of GCC's first issuers in 2024
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Hybrid bonds are rare in the Gulf and even harder to find in Africa
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Company has doubled its relationship banks
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Lack of proper economic data means any debt talks will be arduous
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ESG issuance has surged from the Middle East since its first appearance in 2017
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Number of Riyadh listings has swollen as economy grows and liberalises
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Observers disagreed on the revolution's potential impact on Turkey and other neighbours
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Requirement to establish regional headquarters in Saudi poses awkward problems
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Deal got done with local institutions and finished 2.1 times oversubscribed. International and retail accounts were irked by E&P’s share price tumble
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Internationally marketed IPO pays off as ‘global’ investors come in
