While economic conditions remain difficult, securitizations in the Gulf Cooperation Council (GCC) still maintain a strong growth potential this region, according to a Moody's Investors Service report.

The rating agency said that one of the key drivers behind the future growth of a securitization in the GCC is that home finance is still relatively new in the region. Even with the current events in mind, the long term demand for housing is predicted to grow steeply given predicted demographic and immigration patterns. Real estate is still key to the future growth for many of the governments in the region.

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