GCC markets end the year flat after a correction caused by oil price volatility, but 2015 looks promising for investors due to strong fundamentals and low valuations, a report said.
The performance of GCC markets was mixed in 2014
GCC equity markets have started 2014 on a strong note, with sentiment continuing to hold up well due to the region’s robust macro-economic fundamentals, despite downward pressure on global emerging markets, a report said.
Sustained high oil prices, expansive fiscal and accommodative monetary policies led to a strong rally in the first half of 2013 in GCC markets, according to research by Kuwait Financial Centre Markaz.
All the GCC markets gained am
Dubai, with its superior supply chain infrastructure, is the preferred commercial gateway to the UAE and other GCC markets, said an industry expert.
“Indian exporters and importers have been among DP World’s most valued business partners a
Bahrain still offers the best gateway for businesses across the world to access the trillion dollar GCC market, a leading banker has said.
Abdulkarim Bucheery, chairman of the Bahrain Association of Banks, speaking at the roundtable on ‘Ou
Nomura, one of Japan’s major industrial and financial conglomerate groupings, started coverage of the GCC equity markets with a constructive short and long-term view.
The brokerage said factors such as GCC's strong economic fundamentals, e
Low real estate prices could put the GCC, and specifically the UAE markets back on track for attracting foreign investors, who are already interested in the region for its other advantages, says a report.
Since the beginning of the economi