Oman
Economy
BMI View: Although we think there are good growth prospects for banks throughout the GCC region, we favour the more established financial centres (and better business environments)...
2008-09-03Economy
Last week we reiterated our bearish view towards GCC stocks, with the possible exception of Saudi Arabia, which, we felt, had the worst of its downside behind it. The Tadawul Authorities...
2008-08-27Economy
We do not see the current liquidity crunch that is pervading the Gulf at the moment as particularly linked to the global cash crisis. More positively, it is the result of strong demand...
2008-08-19Economy
The weekend has seen some spectacular losses in the Gulf stock markets, in line with our bearish view. There is not much to pick between them: they all look as bad as each other,...
2008-08-11Economy
Last week, we suggested that the inflationary pressures that have been sweeping the Middle East and North Africa region may be abating somewhat, potentially allowing Gulf states to...
2008-08-04Economy
Although we remain very cautious, we note that there may be a ray of light at the end of the inflationary tunnel in the Middle East and North Africa region. We have revised up our...
2008-07-30Economy
Gulf equity markets are all looking weaker this morning, in line with the renewed bearish call we made last week (see GCC Stocks: More Downside Ahead, July 9). In the light of high...
2008-07-16Economy
BMI View: Stocks are looking weak, and with political risk, the potential for lower oil prices and a very turbulent global environment, we see little reason to be positive.
2008-07-09Economy
By selling a 25% stake in telecoms market leader Omantel, the Omani government is demonstrating its commitment to economic liberalisation. We are encouraged by this move, along with...
2008-07-07Economy
While we remain cautious on some of the Gulf's larger stock markets (notably Saudi Arabia's TASI and Dubai's DFMGI), many of the smaller exchanges are exuding positive signals. We...
2008-06-16



