Middle East Report 2010
Middle East Report 2010
The annual IFR/PFI Middle East Review comes at a time of renewed confidence in the region and its capital markets. The Dubai crisis has abated - although there is still plenty of restructuring work available for assets linked to Dubai Inc. The Middle East region is getting back to concentrating on growing on the path it had set itself before the Dubai, and indeed the global financial crisis, hit.
Middle East Report 2010
The annual IFR/PFI Middle East Review comes at a time of renewed confidence in the region and its capital markets. The Dubai crisis has abated - although there is still plenty of restructuring work available for assets linked to Dubai Inc. The Middle East region is getting back to concentrating on growing on the path it had set itself before the Dubai, and indeed the global financial crisis, hit.
State of the GCC banking system
Banking systems in the Gulf Co-operation Council region have been forced to tackle the aftermath of the boom but what kind of position do they find themselves in now? David French finds out.
State of the GCC banking system
Banking systems in the Gulf Co-operation Council region have been forced to tackle the aftermath of the boom but what kind of position do they find themselves in now? David French finds out.
International bank challenges
Challenges for international banks operating in the Gulf Co-operation Council countries remain, but both borrower and lender are dependent on each other for future growth by David French.
International bank challenges
Challenges for international banks operating in the Gulf Co-operation Council countries remain, but both borrower and lender are dependent on each other for future growth by David French.
Awaiting sukuk clarity
A wave of sukuk defaults has called into question the integrity of an asset class that many had assumed was gold-plated. But despite at-times hysterical media coverage, the asset class is in the midst of a very normal maturing phase, and once legal precedents have been established, it will again flourish – at least in those jurisdictions where legal rights are enforced. Solomon Teague reports.
Awaiting sukuk clarity
A wave of sukuk defaults has called into question the integrity of an asset class that many had assumed was gold-plated. But despite at-times hysterical media coverage, the asset class is in the midst of a very normal maturing phase, and once legal precedents have been established, it will again flourish – at least in those jurisdictions where legal rights are enforced. Solomon Teague reports.
Looming FI debt mountain
Banks have a significant amount of loan and bond debt to refinance through 2011 and into 2012. Can it all be done? asks David French.
Looming FI debt mountain
Banks have a significant amount of loan and bond debt to refinance through 2011 and into 2012. Can it all be done? asks David French.
Institutions take the lead
The IPO market is finally reopening, but this time institutions will be key and internationalisation should result. Owen Wild reports.
Institutions take the lead
The IPO market is finally reopening, but this time institutions will be key and internationalisation should result. Owen Wild reports.
Infra evolution revs up
Those paying attention may have noticed – infrastructure is back on top of the regional agenda. By Christoph Vojc with Jonathan Robinson and Michael Cooper, HSBC MENA Project Finance
Infra evolution revs up
Those paying attention may have noticed – infrastructure is back on top of the regional agenda. By Christoph Vojc with Jonathan Robinson and Michael Cooper, HSBC MENA Project Finance
Power M&A in the Gulf
The sale of the AES Oasis portfolio was a drawn-out saga but as the power sector grows in importance in the Gulf, it can be seen as an important trailblazer. By Rod Morrison.
Power M&A in the Gulf
The sale of the AES Oasis portfolio was a drawn-out saga but as the power sector grows in importance in the Gulf, it can be seen as an important trailblazer. By Rod Morrison.
The power of two
At the end of May 2010, GDF Suez was awarded the mandate for the construction and operation of Barka 3 and Sohar 2, Oman’s next two IPPs. By the GSEI financing team: Karel Breda, Sandrine Vandeloise and Markus Fischer.
The power of two
At the end of May 2010, GDF Suez was awarded the mandate for the construction and operation of Barka 3 and Sohar 2, Oman’s next two IPPs. By the GSEI financing team: Karel Breda, Sandrine Vandeloise and Markus Fischer.
Innovative Emirates Steel
Jean-Marc Mangiavellano, Ian Cogswell and Antoine Trieux of Natixis, financial adviser to both Emirates Steel Industries and its parent company General Holding Corporation, explain the financing of Emirates Steel’s US$2.5bn expansion project.
Innovative Emirates Steel
Jean-Marc Mangiavellano, Ian Cogswell and Antoine Trieux of Natixis, financial adviser to both Emirates Steel Industries and its parent company General Holding Corporation, explain the financing of Emirates Steel’s US$2.5bn expansion project.
