| Debt capital markets activity in the Middle East North Africa region should exceed last year's total amount as firms rebalance their borrowing away from loans towards the bond market, Morgan Stanley executives said on Sunday.
Loan volumes in Mena slumped significantly in 2011, down 36.8 percent to $39 billion, and much has been made of the withdrawal of European banks from the Middle Eastern loan market and the impact this will have on volumes going forward...............................................Full Article: Source
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