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GCC’s higher funding needs to boost sukuk issuance from the region

Gulf Cooperation Council (GCC) countries’ higher borrowing needs are expected drive higher sukuk issuance in the near term from the region according to rating agency Moody’s. “Large borrowing needs will continue to fuel sukuk issuance across the GCC. The oil price shock led to a significant deterioration in the fiscal…

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Click here to read the full story: Gulf News

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