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Mena debt market can grow to $1.6trn

Posted on 21 May 2009

From Business24-7.ae: The debt market in the Middle East and North Africa (Mena) has the potential to grow to $1.6 trillion (Dh5.8trn) per annum but currently remains in its nascent stage, according to economic experts speaking at an event organised by the Dubai International Financial Centre (DIFC) yesterday.

The event – Issuing and Structuring Bonds and Sukuk – saw discussions on the IMF Global Financial Stability Report (April 2009), which said debt securities form just three per cent of the Mena capital markets…….Full Article: Source

 
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