Corporate Financing Analysis - Record Saudi Sovereign Bond To Spur GCC Corporate Debt Issuance - 14 NOV 2016
Corporate Financing week November 2016 / Saudi Arabia / Finance
On the back of the successful sale of the largest sovereign emerging market (EM) bond deal on record by Saudi Arabia, we believe that the rising level of interest in sovereign debt deals will spur...
Corporate Financing Analysis - Depressed Oil Prices And The Retreat Of GCC SWFs - 19 SEPT 2016
Corporate Financing week September 2016 / Middle East / Finance
The ongoing slump in oil prices is seeing a retreat in sovereign wealth fund (SWF) assets in the commodity-based states of the Gulf region. With oil prices forecast to see limited upside potential over the medium-to-long term - owing to major project start-ups and bloated crude and fuel inventories - we do not expect these state-backed investment vehicles to enjoy a fresh influx of support from...
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Corporate Financing Analysis - Uber Sets Start-Up Private Investment Blueprint - 20 JUNE 2016
Corporate Financing week June 2016 / Middle East / Finance
Thanks to the support of private financing, technology start-ups are staying private for longer before they tap public markets, and this is having a detrimental impact on the sector's activity...
Company Trend Analysis - Zain Smart City Unit Should Look Beyond Mobile - 07 MAR 2016
Corporate Financing week March 2016 / Middle East / Companies
The commercial development and exploitation of so-called 'smart cities' will depend on wireline broadband infrastructure as much as mobile networks. Zain's investment in a specialised smart city...
Company Trend Analysis - Revenue Diversification Behind Umniah Sale Cancellation - 07 MAR 2016
Corporate Financing week March 2016 / Jordan / Industry
Although we forecast only nominal growth, at best, for Jordan's saturated mobile market, operators can maintain revenue growth by diversifying into specialised services. Batelco's reversal of plans...
Corporate Financing Analysis - International Lenders Move In On Rising Middle East Loan Market - 01 FEB 2016
Corporate Financing week January 2016 / Middle East / Finance
In BMI's view, the Middle East loan market is set to remain active with the inking of fresh facilities once more in 2016. This is largely attributable to the depressed price of oil continuing to...
Corporate Financing Analysis - Saudi Aramco IPO Too Big To Ignore - 25 JAN 2016
Corporate Financing week January 2016 / Saudi Arabia / Finance
2016 is less than three weeks old and we already have what might well prove to the be the largest IPO of the year in the pipeline. That is right, we are talking about Saudi Aramco's proposed float...
Industry Trend Analysis - Price Concessions Mark New Precedent In Asian LNG Contracts - 11 JAN 2016
Corporate Financing week January 2016 / Qatar / Industry
The large price concessions offered by Rasgas to Petronet have set a new precedent in Qatar's negotiations with its Asian buyers.
Corporate Financing Analysis - Oil Price Slump Depressing Saudi IPOs - 04 JAN 2016
Corporate Financing week December 2015 / Saudi Arabia / Finance
BMI believes that given time, Saudi Arabia - and the Middle East region more broadly - has the potential to become a prominent equity capital market hub globally over the long term. The present...
Corporate Financing Analysis - Middle East Bond Market Set For Slump - 07 DEC 2015
Corporate Financing week December 2015 / Middle East / Finance
In a region fraught with liquidity concerns, BMI predicts that it will be a matter of 'when' rather than 'if' the Middle Eastern debt capital market (DCM) rally in activity comes grinding to a...