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FINANCIAL NEWS
Mideast debt issuance reaches USD77bn
20 Jan 2017
(MENAFN) Middle Eastern debt issuance reached USD77.8bn in 2016, a 145 percent increase compared to the value raised amid 2015, the highest annual total in the region since 1980.
Moreover, Mideast investment banking fees hit USD820.8mn amid the cited year, an 18 percent increase compared to fees posted in 2015.
In addition, Saudi Arabia was the most active nation in the region accounting for 29 percent of overall activity, followed by the UAE and Qatar.
Accordingly, the value of announced M& A transactions with any Mideast involvement reached USD46.9bn amid 2016.
M
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