Middle East offers sliver of optimism in desolate market

Emerging market loan bankers say that despite a drought of activity, discussions with Middle East borrowers may offer a reprieve.
Since the start of the year, just one syndicated loan has been signed across the Middle East, according to Dealogic. In the same period last year, 12 deals had been signed.
Despite the drop in activity, which is visible across entire CEEMEA region, bankers are optimistic that ...Already a subscriber? Login