Bahrain

As of the time of writing, the global markets were looking somewhat less inspiring than they were at the beginning of the week, and there are some short-term downside risks to our... 2009-07-30

In line with the view we expressed in our Daily Financial Alert last week, we are turning cautiously optimistic towards GCC stocks, albeit with some bourses looking slightly more... 2009-07-27

BMI View: By and large, Q2 results from GCC banks have been encouraging, with Saudi lenders leading the field with positive increases in profit compared with the same period of 2008.... 2009-07-17

We said last week that although we were bearish towards the GCC stock markets in general, we were particularly concerned about Qatar, Dubai and Bahrain. Since then, the three markets... 2009-07-14

The bearish view we established on MENA stocks last week has played out without exception, and we are sticking to it. In spite of a small bounce off trendline support at around US$60.00/bbl,... 2009-07-09

BMI View: The success of the Bahraini government's recent sukuk issue is encouraging, but investors may demand a significant risk premium from any corporates looking to follow the... 2009-06-11

With phenomenal gains since we became bullish on March 18, we now think that the MENA stock markets may have got slightly ahead of themselves, and we could see some short-term correction.... 2009-05-11

We have always said Bahrain's All-Share Index (BASI) was one of the two GCC bourses on which we were most cautious (along with Oman), but yesterday's 4.8% fall has wiped out almost... 2009-04-24

BMI View: As GCC debt issuance increases, demand for private sector instruments will be even further depressed. This will have a negative effect on the financial sector, and quashes... 2009-04-16

We reiterate the short-term bullish view we expressed on equity markets (initiated on March 18), after a weekend of good gains throughout the region. As the table shows, the markets... 2009-04-14