Middle East Economic Survey
VOL. XLVIII
No 7
14-February-2005
regional
Gulf Banks Vulnerable To Real Estate And Capital Market Shocks, Says S&P
One of the main risks for Gulf banks is their exposure to the region's booming equity and real estate markets, Standard & Poors (S&P) said in a report entitled Gulf Banks Are Vulnerable To Shocks On Real Estate And Capital Markets published on 3 February. The boom is the result of high oil prices, repatriation of funds invested abroad, improved...
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