Middle East Economic Survey
Gulf Sukuk Issuers Brave Volatile Markets
Last year the GCC saw robust debt market activity, with the bulk of its bond issues crammed into September, October and November. This year volatility from the European debt crisis has kept activity to a minimum. Nevertheless, over the last couple of weeks a handful of the regions sukuk issuers have braved the market, with a few more also hoping to issue paper before year-end, writes...