John Sfakianakis, regional director for the GCC, Ashmore Investment Saudi Arabia, gives a view on what the ‘new normal’ oil price levels mean for the GCC region and for equity markets given recent price moves in oil. The Gulf economies have experienced the longest period of economic growth and prosperity since the advent of oil. […]
S&P Dow Jones Indices has announced the results of its Country Classification Consultation initiated in July 2014, which included the reclassification of Morocco market. The reclassification of Morocco was largely due to persistent problems with lack of liquidity in the local market.”The declining trend in market liquidity over the last several years does not align […]
Allianz Global Investors’ Christopher Wheaton comments on on global oil demand and supply: Pop quiz: which produces more oil, Texas or Iraq? It may surprise some to know that the answer is now Texas, which in the first half of 2014 surpassed Iraq as the world’s 8th largest oil producer, just behind Kuwait and the […]
RBC Wealth Management, part of Royal Bank of Canada has appointed Yousif Banayoti as a director for its London-based Middle East & Levant desk.
La Française AM has launched the first Sharia compliant OPCI – collective real estate vehicles with simplified investment rules with leverage – into the French market as part of the financing of an office building jointly owned by a Kuwaiti bank.