Thomson IFR's Gulf Capital Markets Daily Briefing Says Gulf Capital Markets Issuance Tops US$100bn for the Year So Far
Over US$105bn has been raised in the Gulf capital markets in the first half of 2007, a huge leap over the same period last year, according to figures published today by Thomson IFR's Gulf Capital Markets Daily Briefing.
London, UK (PRWEB) July 6, 2007
Over US$105bn has been raised in the Gulf capital markets in the first half of 2007, a huge leap over the same period last year, according to figures published today by Thomson IFR's Gulf Capital Markets Daily Briefing.
The corporate loans market has seen US$36,453.8m worth of debt issued, up from US$24,583.1m in the first half of 2006.
The region's bond and stock markets total US$12.1bn, up from US$10.2bn in last year's first half.
In IPOs, 1H 2007 registers US$4,468.9m, which is higher than the total for the whole of 2006.
M&A activity, at US$40,117.4m, is similarly already way ahead of last year's total.
Only in project finance is there a sharp decline registered: US$12,043.6m against US$25,727.6m in 1H06, due to concerns over rocketing construction prices in the region.
About The IFR Gulf Capital Markets Briefing
The IFR Gulf Capital Markets Briefing is published daily by Thomson Financial. For more information please call Nisha Patel on +44 (0)20 7369 7897. For editorial enquiries please call Barry Marshall on +44 (0)20 7369 7571.
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