Gulf bond issues, expected to start next month, are likely to include a sovereign sukuk from Sharjah and a sovereign U.S. dollar conventional bond from Bahrain.
The Kingdom’s preferred Sunni allies have lost out to militants, and Riyadh faces its nightmare scenario of watching two key Arab states become proxies for its rival Tehran or perpetual failed states.
US monetary policies, China, currency trends, volatility, earnings momentum and geopolitics will define the performance of emerging markets in the next year.
An uncertain investment climate in oil-exporting Middle Eastern countries may lead to a two million bpd shortfall and a $15 jump in oil prices by 2025.
The Islamic State is well-resourced, with young volunteers, cash to buy weapons and pay wages, plus an arsenal of weapons it captured from the Iraqi army in June.
Shares of Dubai-based construction firm Arabtec’s went on a roller-coaster ride last month, taking the wider Dubai Financial Market down with it. What went wrong?