Middle East Economic Survey
Gulf Bond Issuers Spooked By Greek Debt Woes
Although the European Unions deal last week to help bail out Greece partly allayed fears that the country would default on its huge debt pile, global bond markets remain volatile and pricing has ratcheted higher for issuers. Potential Gulf bond issuers, who were already keeping a wary eye on Dubais debt problems have been spooked by the fallout from the Greek debt crisis. As a result,...