Middle East Economic Survey

VOL. LII

No 23

8-Jun-2009

Insolvency And Creditor Rights In The MENA Region

By Nasser Saidi

Dr Saidi is Chief Economist of the Dubai International Financial Centre Authority (DIFC) and Director of the Hawkamah Institute for Corporate Governance. He presented the following paper to the Hawkamah Symposium on Insolvency and Creditor Rights, held in Abu Dhabi on 26-27 May.

Bankruptcy filings in the advanced countries, both business and personal, are rising at accelerating...