| Capital markets in the MENA region have been for a long time underdeveloped and only in the last few years have we started seeing activity there. The bond market more specifically has been the unnoticed little brother of the equity market.
In 2008 we had less than a dozen issuers including three sovereigns whose curve consisted of one or two bonds. Also, the involvement of locals in the bond market has increased tremendously in the past couple of years to a level where their partaking became a game changer..............................................Full Article: Source
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