International bond issues by GCC states has been a standout success story in financial markets this year. And on many fronts, it’s a story that is only just beginning.

The GCC states collectively issued $25bn worth of international bonds in the first half of 2017, more than half the $37bn for the full year of 2016, according to data compiled by MEES. Saudi Arabia raised $9bn; Oman and Kuwait $8bn each. (CONTINUED - 2197 WORDS)