Qatar

Qatar Islamic Bank's decision to delay its US$500mn sukuk issue is disappointing, suggesting that the contagion over the Dubai World crisis is still in play. We feel that this contagion... 2010-04-09

The Dubai Financial Market General Index (DFGMI) may have rallied over the past few days in anticipation of the US$22bn debt restructuring deal that Dubai World is expected to... 2010-03-09

Having fallen to a six-month low of 6,472 in late January, Qatar's DSM 20 Index has since rallied, closing on February 3 at 6,741. Despite these gains, we are not ready to adjust... 2010-02-03

We reiterate our view that the Dubai Financial Markets General Index (DFMGI) will be a regional underperformer in 2010, and the market's poor performance so far this week only reinforces... 2010-01-13

We have held a negative outlook on MENA debt since November (see 'MENA Debt: Yields Ticking Up, Could Go Further', November 9 2009), a view that was reinforced by the recent Dubai... 2010-01-06

Recently released Q309 GDP statistics illustrate the positive effect of rising global energy prices on nominal output in Qatar. Hydrocarbon sector nominal GDP increased by 15.7% q-o-q... 2010-01-04

As 2009 comes to a close, we examine the relative performance of Middle Eastern stock markets over the year, and offer some initial thoughts on what to expect in 2010. A number of... 2009-12-31

Abu Dhabi's bailing out of Dubai today (December 14 2009) via a US$10bn cash injection has had an immediate positive effect on all GCC markets, though we are cautious regarding their... 2009-12-14

As we stated yesterday, there is likely to be considerable selling pressure when GCC equity markets re-open following the Eid holiday (see 'Dubai Default: Implications Beyond The... 2009-11-27

Qatar's issuance of a US$7bn sovereign bond on November 17 will deepen the emirate's sovereign yield curve, and as a result add to the latter's use as a benchmark for corporate debt... 2009-11-18