The rapid rise in hard currency public sector debt in emerging market countries is combining with the weakening of EM currencies to create substantial economic and credit rating risks, Fitch has warned.
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Latvia made a roaring return to the bond markets this week, stretching out its maturity profile to print a €650m May 2036 bond at close to its tightest ever spreads.
Qatar came bursting back onto the bond market at the end of May with a US$9bn triple tranche trade, with a deal that looks set to kick-start more issuance from the country.
The French water company Veolia has its eyes on the Middle East, with various new projects in the pipeline designed to help combat climate change.
With oil prices remaining low, a recent report by Moody’s suggest the banks are feeling the strain.
Angola’s balance of payments crisis has worsened, even as the oil price begins to rebound, and the government has turned to the International Monetary Fund to help shore up its stricken public finances.
The Abraaj Group, a leading investor in growth markets, is looking towards opportunities in North Africa, as its investment in the consumer goods company makes clear.
Hornsea Project One will be the world’s first offshore wind farm to exceed 1,000MW
Ecobank Nigeria defies pessimism with US$170m syndicated loan deal
Saudi Arabia’s ACWA Power gets backing from EBRD, IFC, Banque Saudi Fransi and others.
US$250mn Qurayyat desalination plant expected to open in 2017.
National Bank of Fujairah's new business will start with retail offering before moving into corporate banking.