Qatar

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.

We reiterate our bearish view towards Qatar's Doha Securities Market (DSM) and do not expect it to stage a sustained recovery in the short-to-medium term. Having closed at 6,341 on... 2008-11-11

Having peaked at over 8.3% in late October, the yield on Qatar's US$ Global 30 bond has come in substantially, reaching 7.1% on November 4. We expect the yield to fall further: our... 2008-11-04

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

We remain bearish GCC equities and despite some measure of stabilisation in the Qatari and Omani bourses over the last two weeks following the panic selling witnessed in early October,... 2008-10-23