Saudi Arabia
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Capital raising shows that real estate companies in the Middle East are immune to problems in the West -
Like recent Gulf sukuk the Saudi bank’s book was heavily oversubscribed
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Saudi bank appeals to bid for scarcity with first sukuk in over a decade
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The Saudi drug maker's IPO is the first major flotation in the country this year
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Demand for sukuk issuance is high among region's Islamic investors
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Real estate investor owned by Saudi wealth fund prices oversubscribed capital increase
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Books hit over $27bn as investors rushed in to put their money to work
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2023 has been a slow year for Saudi Arabia's IPO market
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High liquidity in Gulf means more sukuk during May and June
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After a blowout 2022, the pace of issuance in Saudi equity capital markets has slowed this year
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The Fed is unlikely to revise its plans as oil prices rise due to the cut in production
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Majority state-owned utility has used loans for the past two years rather than sukuk
