Oman
Economy
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...
2008-10-31Economy
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...
2008-10-31Economy
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...
2008-10-29Finance
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,...
2008-10-23Economy
Recently released figures from the Islamic Finance Information Service (IFIS) concerning global sukuk issuance clearly illustrate our long-held view that the market is not favourable...
2008-10-22Economy
Gulf markets followed their global counterparts in bouncing strongly yesterday, but while we think the uptick may have further to run in the short-term, we are reluctant to call it...
2008-10-14Economy
On August 4, we examined the key implications of a US dollar bounce (which has been our core view since early July) on Middle Eastern currencies. With the greenback having rallied...
2008-10-06Economy
BMI View: Recent comments from Moody's add weight to our view that Dubai is most at risk of contagion from the global financial crisis. This could mean an increasing number of foreign...
2008-10-02Economy
The refusal of US Congress to pass Treasury Secretary Henry Paulson's proposed US$700bn bail-out plan could potentially have very serious ramifications worldwide, and the Gulf region,...
2008-09-30Economy
Another horrible weekend for the GCC stock markets, in line with the bearish view we first promoted around January, and reiterated on Friday. Saudi Arabia led the decline on Saturday,...
2008-09-08



