Saudi Arabia
Economy
BMI View: We remain bearish towards Bahrain and Dubai equities, preferring Saudi and Qatar in the short term at least (in line with our growth forecasts). Long term, we like Egypt,...
2010-06-17Economy
BMI View: The advantages to launching a GCC single currency in the current uncertain global macroeconomic climate are limited, and we do not expect a revival of the shelved project...
2010-06-14Economy
With Asian markets having had a very weak open to the week, and downside risks to oil prices, now is not the time to reverse our bearish stance on MENA stocks. Dubai And Bahrain should...
2010-06-07Finance
Given heightened global risk aversion and elevated volatility, we are not prepared to alter the cautious view of MENA stocks that we have held for several weeks now (see 'Stopped Out...
2010-05-20Finance
We are reaffirming our cautious view of MENA stocks as deteriorating risk sentiment and a drop in oil prices weigh heavy on regional bourses. Dubai, Saudi Arabia, and Egypt saw steep...
2010-05-06Finance
We are reaffirming our cautious view of MENA stocks as deteriorating risk sentiment and a drop in oil prices weigh heavy on regional bourses. Dubai, Saudi Arabia, and Egypt saw steep...
2010-05-06Economy
The Q1 results of Saudi Arabia's property developer Dar al-Arkan and the UAE's Aldar Properties back up our view of the relative strength of the Saudi domestic demand story versus...
2010-05-04Economy
We are putting our bullish view of Dubai debt (up 12.1%) and stocks (down 8.0%) on hold for now. At some point, these distressed assets will resume their recovery, with potentially...
2010-04-28
