Relevant:
- Barclays sees Middle East driving investment bank
- Senator: Congress to stop arms sales to Gulf until Qatar crisis is solved
- It’s Official: The Crisis is Worldwide
- Citi exposed to $60 billion in subprime loans - may need more cash
- Economy Losses 4000 Jobs in August: Impact of Subprime Crisis Apparent, Fed Likely to Cut Rates
2008-03-03 — arabianbusiness.com
``Gulf banks have been forced to writedown an additional $1.5 billion in mortgage related losses as the extent of region’s exposure to the subprime crisis becomes more apparent, according to the Middle East Economic Digest.''
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