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Islamic Finance Briefing - Categorized | Finance, Market Moves more

M&A activity stagnant in GCC

Posted on 18 August 2010

From Arabnews.com: Acquisition activity in the Gulf Cooperation Council (GCC) region remains depressed despite the fact that some sizable transactions have been concluded in 2010, according to Fitch Ratings.
In a report on Monday, Fitch said the prospects for sustained economic growth would remain too uncertain for Central and Eastern Europe (CEE) and Middle East and Africa (MEA) corporates to consider significant acquisitive product and market diversification……………………………………….Full Article: Source

 
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