Kuwait

With the US Federal Reserve cutting rates by 25bps to 4.25% yesterday we examine the implications of the move on the Middle East region.

We remain cautious the Kuwait Stock Exchange (KSE) as the short-term correction continued today with the index closing at 12,231, down 71 points on the day. The KSE is currently trading... 2007-11-28

Recent price action suggests that the monetary authorities are happy to let the dinar move in line with its currency basket, following three revaluations in two months. While we think... 2007-08-09

The speed at which the Kuwaiti monetary authorities have chosen to revalue again (just two weeks after the last upwards move), and the magnitude (1.7% compared with previous revaluations... 2007-07-25

BMI View : We believe that a GCC currency union will take place in either 2010, or potentially 2012. However we have reservations about the long-term sustainability of a single... 2007-01-18

Oman's decision to opt out of monetary union is significant, not so much in the act itself, but in the comments it drew from GCC finance ministers, particularly the Saudi minister,... 2006-12-13

The insurance industry across the Middle East is growing rapidly, with various estimates projecting annual growth of around 20% in insurance premium payments over the coming years.... 2006-12-06

We have been warning of the potential negative effects of higher oil prices on the Jordanian economy, and now ratings agency Moody's has given the strongest signal yet that it could... 2006-02-01

Although the official Kuwaiti base rate has risen in tandem with the US Fed Funds rate, the differential in the money markets has narrowed. Since August 1, the 3-month Kuwaiti deposit... 2005-10-07

The economic benefits of Kuwait's support for the 2003 war on Iraq were underscored further this week, when one of the country's biggest logistics firms,