Lenders disappointed by diminishing ME activity

By Mariam Meskin
12 Aug 2019

Middle East loans activity has fallen this year, confounding last year's hopes among bankers, with blame falling indirectly on the US-China trade war and sluggish global growth.

"The Middle East has been a big disappointment for us this year," said a senior lender at a prominent Asian bank. "Everyone last year was hoping the Middle East would produce more deal flow, but it's turned out to be relatively quiet. There have been smaller things happening ...

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