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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Compliance, Tax, Legal, Regulatory more

Saudi corp bond market needs sovereign, new laws

Posted on 24 July 2009

From Forbes: Saudi Arabia’s first corporate bond market is unlikely to become a success without a sovereign bond and the removal of legal obstacles, even if Gulf issuances are slowly picking up.
The launch of the Gulf’s third bond trading platform after Bahrain and Nasdaq Dubai comes when troubles at several Saudi family-controlled firms are making headlines, underlining the problems of opacity of financial markets in the biggest Arab economy………..Full Article: Source

 
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