Qatar

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... 2008-10-29

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,... 2008-10-23

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... 2008-10-22

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... 2008-10-14

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... 2008-10-06

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... 2008-10-02

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,... 2008-09-30

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

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)... 2008-09-03

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... 2008-08-27