In 2020, “Saudi Arabia, Oman, Bahrain and Egypt could lead bond sales in the Middle East and North Africa in what Abdul Kadir Hussain, the head of fixed-income asset management at Arqaam Capital in Dubai, predicts will be another strong year for issuance. Governments and companies in the region raised a record $111 billion selling debt in 2019.”
–Bloomberg’s Netty Idayu Ismail, assessing some of the trends we might see in the Middle East in 2020. [Bloomberg]
