Shallow recovery in Middle East FIG loans

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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Shallow recovery in Middle East FIG loans

An oversubscribed deal for Omani financial institution Bank Muscat is a positive signal for the market and for other Middle East FIs with impending maturities, according to loans bankers. But questions still hang over the strength of the recovery.

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