Moody's prepares for Middle East expansion

Moody's anticipates a rise in the number of Middle Eastern companies requiring credit ratings. "During 2007, Moody's expects to see a dramatic increase in the number of credit ratings assigned as regional companies look to establish international credibility and financing," says regional head Frederic Drevon at the rating agency's 10th Middle Eastern credit conference, held in Dubai on May 2. Topics addressed by Moody's analysts at the conference included new securitisation issuance from the

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