Sovereign wealth
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Arabian Gulf 2018 sovereign bond sales may reach $53bn topping 2017 issuances
Arabian Gulf state bond issuances in 2018 are likely to surpass the $49.5 billion (Dh181.67bn) raised through the sovereign deals last year, as the hydrocarbon-rich countries continue to diversify their funding sources amid softer crude prices. “This robust performance by the GCC primary markets stands out as particularly strong when…
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