VOL. XLVI

No 34

25-August-2003

CAPITAL MARKETS

Middle East Bond Issuance Gathers Momentum

Bond issuances in the Middle East have gathered momentum amid encouragement stemming from two successful bond launches by Iran last year (MEES, 15 July and 16 December 2002). Since then other sovereign issues have included Bahrain (MEES, 27 January), Tunisia (MEES, 24 February), Morocco (MEES, 14 July), and Oman (MEES, 21 April) while Dubai has also issued a domestic bond (MEES, 9 June). The Islamic sector...