Middle East Economic Survey


No 25



GCC Faces Wall Of Maturing Debt In 2012, Moodys Warns

The credit environment for corporate issuers in the GCC will remain challenging in the run up to 2012, when a significant amount of debt reaches maturity, Moodys Investor Service said on 14 June. In the report Arabian Gulf Corporates: Catalysts for Stabilization Appear Illusive as 2012 Wall of Maturity Looms, Moodys Middle East vice-president and analyst Martin Kohlhase said: The...