Economies and markets in the wealthy Gulf oil exporters barely blinked when Islamist militants overran parts of neighbouring Iraq last year, and they look likely to ride out escalating conflict in Yemen with similar ease.
The manager of one of the world's best-performing mutual funds, the Dubai-based Daman Fifth Fund, says there is still plenty of upside in Gulf Arab markets despite the plunge of oil prices.
Daman Fifth was ranked the top-perfo
Funds are positive on many Gulf stock markets despite the recent slide in oil prices, after sharp pull-backs in the markets improved valuations, the latest monthly Reuters survey of regional asset managers found.
The oil price dro
Despite some headwinds, long-term prospects for the sukuk industry remain promising as regulators continue to build and strengthen their frameworks to minimize barriers in the market and deepen liquidity, Standard & Poor's Ratings Servic
Gulf markets declined in volatile trading as investors opted for short-term trades amid increasing worries of a military strike against Syria.
Dubai's measure dropped 1.9 percent to 2,443 points but reached
Gulf Arab markets should be more positive on Sunday after euro zone finance ministers agreed to bail out Spain's banks, but the low liquidity that has dogged regional markets in recent weeks is unlikely to change.
Dubai's index rose for a third session in four on Tuesday as upbeat global markets buoyed sentiment, but late selling wiped out much of its intraday gains, with short-term retail traders dominant and seeking a quick profit.
Dubai's index recorded its largest drop in more than two years on Wednesday as traders used declines in global stocks to book profits from the emirate's early-year surge, while other Gulf markets also declined.
Nine Dubai sto
Gulf markets are expected to be shaky after European Union agreed to ban Iran oil and new threats from the producer to block the Strait of Hormuz.
Some Iranians also warned they might strike US targets worldw