Banks in the dark about Qatar with predictions mixed
As concerns mount over the diplomatic stand-off between six Gulf states and Qatar, GlobalCapital investigated the immediate impact on the loan market in the region as well as its likely consequences and discovered a mixed picture.
On Monday, Saudi Arabia, the UAE, Bahrain, Egypt, Libya and Yemen severed diplomatic ties with Qatar over the gulf state’s alleged ties to terrorist groups.But no clear consensus has emerged yet over the immediate effects on loan syndication in the region — not least because there seems ...
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