EEMEA market round up: Record Gulf rights issues

September 08, 2008

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Gulf firms raised a record $15.76 billion in rights issues from July 2007 to June 2008, a 242% increase on the previous 12 months. In the first six months of 2008, rights issues in the Gulf Cooperation Council states raised $11.9 billion from shareholders, according to research from UK law firm Trowers & Hamlins.

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Capital Markets September 2008

Dominic O’Neill

EMEA editor

Dominic O’Neill is EMEA editor. He joined Euromoney in 2007 to cover emerging markets, focusing on central and eastern Europe, Middle East and Africa, and later on Latin America. Based in London, he has covered developed market banking since 2015.