Middle East

On the Ground and Off the Record: GCC’s Credit Markets Brace for Global Macro Headwinds

Despite the challenges posed by falling revenues that have become endemic to oil-dependent Middle East economies as of late, the region’s finance markets have seen 2019 as a largely positive year. But the outlook is far less certain in 2020, according to a number of regional and international investors, bankers, advisors and corporate chiefs who spoke with Bonds & Loans on a recent research trip to Dubai.