Business Services Industry

S&P to open office in Dubai to support development of Gulf capital markets.

Middle East and North Africa Business Report, April, 2007

Apr. 23--Standard & Poor's, the leading provider of financial market intelligence to the Middle East, today announced plans to open an office in Dubai, its first in the Middle East. The move will support Standard & Poor's strategy to provide Gulf investors, issuers and intermediaries with independent research, information and benchmarks, which aim to enhance transparency and help accelerate the development of deep and efficient capital markets across the region.

The office, which will begin operations by the end of 2007, will offer Gulf financial market participants Standard & Poor's full range of research, ratings, information and index services. Standard & Poor's global reputation, network and capabilities across debt and equity markets serve as a window...

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