Comment & Analysis
Sovereign wealth
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GCC sovereign issues surge 25% to $66bn in 2020
Sovereign issuances by GCC entities amounted to $66.3 billion during 2020 amid growing budget deficits ensuing from Covid-19 and lower oil prices, up 25% year-on-year from $52.9 billion raised during 2019, a report said. Corporate issuances on the other hand amounted to a total value of $66.4 billion during the…
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