Abu Dhabi, Qatar Turn to Private Markets to Raise Billions

Abu Dhabi and Qatar have placed billions of dollars through private bond sales in recent weeks as the war in Iran stokes market volatility.

The United Arab Emirates’ capital on Thursday raised $500 million by reopening a 2034 bond, a day after tapping the same bond and a separate 2029 issue for $2 billion, according to data compiled by Bloomberg. The private deals were arranged by Standard Chartered Plc, according to people familiar with the matter.