Hedge Funds & Alternative Investments
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Funding squeeze hastens take-off of non-bank lending in Middle East
Middle East investment companies are ramping up their lending to businesses, providing a lifeline for small and medium-sized firms struggling to secure finance from banks that tightened credit after a suffering rise in bad loans. Industry participants estimate non-bank lenders in the region could provide around $1 billion over the…
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Click here to read the full story: Reuters