Egypt

With phenomenal gains since we became bullish on March 18, we now think that the MENA stock markets may have got slightly ahead of themselves, and we could see some short-term correction.... 2009-05-11

MENA stock markets have performed well since we became bullish, in spite of the correction over the last week or so, as shown by the table below. Our medium -term view has not changed,... 2009-04-30

We have always said Bahrain's All-Share Index (BASI) was one of the two GCC bourses on which we were most cautious (along with Oman), but yesterday's 4.8% fall has wiped out almost... 2009-04-24

Gulf markets suffered fairly dramatic losses on Sunday and Monday, in line with global price action. That said, there are some positive signals from European markets this morning,... 2009-04-21

Egypt's CASE-30 index has been one of the best performers of the recent global equity bounce, rising 27.5% between March 18 (when we became bullish) and April 7 (when we expressed... 2009-04-09

With Asian markets having corrected somewhat overnight, and global sentiment hanging in the balance as the world awaits the outcome of the G20 summit this week, we put our bullish... 2009-03-30

The Saudi Tadawul All-Share index (TASI) has made a strong start to the trading week, but will continue to be driven by global sentiment. As long as the Dow Jones and oil prices continue... 2009-03-23