Iraq

We remain bullish towards the Egyptian pound as the unit is continuing to make gains, and is currently trading around the EGP5.46/US$ level having gained nearly 2% last month. Trendline... 2008-03-06

We remain bullish the Iraqi US$ Global 2028 as the technical and fundamental picture continues to support our positive outlook. Although we have been cautious the bond over the last... 2008-02-05

Gulf Stocks… As we suggested last week, the Saudi All-Share Index (SASI) correction has proved short-lived. The index easily avoided support at 10,400, bouncing back to trade at... 2008-01-07

We forecast Iraq's trade surplus to continue to grow in 2007 and 2008, coming in at 5.75% of GDP next year and 12.04% in 2008, on the back of a rise in oil and merchandise exports,... 2007-10-30

The Iraqi US$ Global 2028 bond has seen some upside in recent weeks, with the note rising about 4% in over the past month. Yields have declined from a late-August peak of 10.30%... 2006-10-09

It is perhaps fitting that the redevelopment of Iraq is most often discussed in political terms: after all, little physical rebuilding can take place while daily suicide bombings... 2005-05-25

The long-awaited results of last month's Iraqi elections raise a number of key questions. Firstly, with a Shia-dominated government in Iraq, how will the regional picture as a whole... 2005-02-14

Despite a better than expected turnout nationwide, last month's elections have not changed the immediate economic outlook for Iraq. That said, the relatively smooth passage of the... 2005-02-03