Adnoc Distribution's issuance of $16bn of shares sand covertible bonds meant first half equity market issuance hit a three-year high in the Mena region, according to Refinitiv. Courtesy Adnoc
Adnoc Distribution's issuance of $16bn of shares sand covertible bonds meant first half equity market issuance hit a three-year high in the Mena region, according to Refinitiv. Courtesy Adnoc

Business

Markets

Mena equity fund raising more than doubles in first half

Adnoc Distribution's issue of new shares and convertible bonds drove activity

Michael Fahy
Michael Fahy

July 25, 2021