Middle East Economic Survey


No 7



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...