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Where has all the money gone?

by HSBC Global Research [More Info]

That the Gulf could experience a credit squeeze was unthinkable just a short time ago. Record high oil prices, ready access to foreign debt and equity funding and a rapidly expanding domestic banking system left the region awash with funds to finance strong growth in capital and consumer expenditure. In the space of just a few weeks, however, the situation has changed abruptly.

Access : For Public
Pages : 11
Category : Markets

Cost : Free
Date Published : 2008-11-19

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