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Top section
Investors hope a new government can sort out country's fiscal mess
The company left plenty of new issue premium on the table
Deals across several tenors on the same day are becoming more common in 2026
Data
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The bank’s initial target was $100m
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The country is the only purely sub-investment grade issuer left in the GCC
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The country raised nearly €500m in the Samurai market last week
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Despite flurry over next few weeks, deals not expected to need new money
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OQ’s Base Industries IPO will be a local deal as slump in shares of E&P sister company was a “wake-up call” for international investors
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Sovereign's $2bn outing in February was a huge success
Sub-sections
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
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Sponsored by Emirates NBD Capital
Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
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Sponsored by European Investment Bank
European Investment Bank: Supporting sustainable development in North Africa