GCC sovereigns raised a record $50.5bn in international bonds in 2017, smashing 2016’s previous record of $37bn, according to data compiled by MEES (MEES, 24 November 2017).

Saudi Arabia accounted for the lion’s share with $21.5bn, followed by Abu Dhabi with $10bn, Kuwait with $8bn, Oman also with $8bn and Bahrain with $3bn. (CONTINUED - 2156 WORDS)