Geert Bossuyet, managing director, regional head of Middle East structuring at Deutsche Bank, sees the volume of Islamic bond sales in Gulf Arab countries could reach $20 billion this year. Bossuyet told the Reuters Islamic Finance summit in Dubai he expected the market to pick up in the second half of 2008 with the fourth quarter the most promising.
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AUDIO-Deutsche Bank says Islamic bond sales in Gulf could hit 20 bln in 2008
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