Kuwait

BMI View: The financial crisis has raised important questions about the Islamic finance industry, and we remain bearish Gulf sukuk, a position we first adopted in August 2007.

Interbank deposit rates in the Gulf have eased slightly after central banks followed the US Fed's 50bps rate cut this week, but we think the liquidity crisis has further to run, and... 2008-10-31

Interbank deposit rates in the Gulf have eased slightly after central banks followed the US Fed's 50bps rate cut this week, but we think the liquidity crisis has further to run, and... 2008-10-31

We may see some further stock market upside in the Gulf this morning, following the Dow Jones rally. Upward moves have tended to be fairly short-lived in these volatile times, but... 2008-10-29

In line with our view of Middle Eastern equity markets in general, we remain bearish the Amman Stock Exchange (ASE). In early September, when the index was at 9,737, we highlighted... 2008-10-28

BMI View: The basket peg arrangement will start to serve Kuwait better now that the dollar is strengthening, by reducing the cost of euro-denominated imports. However, the central... 2008-10-24

Recently released figures from the Islamic Finance Information Service (IFIS) concerning global sukuk issuance clearly illustrate our long-held view that the market is not favourable... 2008-10-22