Middle East Economic Survey

VOL. LIII

No 23

7-Jun-2010

REGIONAL

GCC Bond Market Boost Needed For Regional Diversification, Fitch Says

A more active GCC bond market could play a central role in long term project financing and portfolio diversification across the region, and could provide broader funding access for small and medium sized enterprises (SMEs), ratings agency Fitch said on 2 June. Debt issuance is expected to provide a major source of funding for GCC projects over the coming years, and...