Middle East Economic Survey
MENA Turmoil Continues To Batter Financial Markets
Bahrain postpones sovereign bond issue, but IPIC embarks on road show
Chaos in Libya, which has cut oil production and forced foreigners to scramble for evacuation, ongoing protests in Bahrain and the spreading of dissent across the region has pounded financial markets. MENA stocks have seen sharp sell-offs, and risk is being re-priced with credit spreads widening markedly. Brent crude has...