Gulf stock markets rallied in September, following the Federal Reserve’s rate cut and renewed optimism that further rate cuts were to come. Behind the cheer lies a more complicated reality: debt issuance across the Middle East — sovereign, corporate and family-owned — is being delayed, restructured or burdened by high U.S.-imported borrowing costs. The region […]
Author Archives: Kurt Davis Jr.
Kurt Davis Jr. is an investment banker and a member of the Council on Foreign Relations. He wrote this for InsideSources.com.
