REGIONAL/GCC

 

Sukuk And Bonds Seen Providing More Funding For Gulf Projects

 

Recent bond and sukuk offerings, in particular from Saudi Arabia, have broken new ground. As a result hopes are high that they will help, along with domestic banks and export credit agencies, to fill in funding gaps left by the international banks. But there are still some difficulties to overcome in order to allow this type of funding to play a greater role in financing...