2015

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Business Sector

GCC Private Equity – Still in its infancy

December 30, 2015

In the GCC, private equity is still at a nascent stage, but had witnessed significant growth between 2002 and 2008. But the onset of global financial crisis stalled growth of the industry. Fundraising...

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Business Sector

KSA Brokerage Industry – Challenging Times Ahead

December 30, 2015

Saudi stock market is dominated by the top 10 brokerage firms contributing approximately 90% of the value traded. Some of the players who have ranked atop consistently in the Saudi Arabian market in t...

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Economy

Why Research Matters for the Economy

December 24, 2015

From the above table, it is evident that only Kuwait and Qatar are estimated to enjoy a surplus in 2015. Plotting the GCC surplus/deficit from 2004 through 2015 against the average dollar price of cru...

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Economy

The Paris Climate Agreement and Implications for the GCC

December 23, 2015

The Paris climate change deal will only come into force after it is placed for signatures of approval (from 22 April 2016 to 21 April 2017) by States and regional economic integration organizations th...

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Capital Market

Top 20 GCC Mutual Funds 2015

December 15, 2015

GCC markets are yet to recover following their retreat amid weaker oil prices. Saudi Arabia stocks were affected the most on concerns of deteriorating fiscal position and sustainability of finances. S...

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Capital Market

Free-falling oil prices torment MENA markets

December 14, 2015

 MENA markets liquidity continued its momentum in November, with volume increasing by 20% and value traded by 7.7%, post the lulled market activity in the last quarter. With the exception of Oman...

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Capital Market

Reasons for poor Analyst Coverage in Kuwait

December 13, 2015

The present scenarioCompared to all other stock exchanges in the GCC the number of large- and mid- cap stocks, as per the above definition, is much lower in Kuwait, than in peer countries, whereas the...

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Economy

Corporate governance in the GCC: How current practices can be further enhanced and how existing challenges can be overcome

December 08, 2015

CORPORATE GOVERNANCEBy M R Raghu   Companies that have effective corporate governance mechanisms can instill a sense of accountability and transparency in organizational leaders. In an age of dynamic...

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Business Sector

KSA Residential Real Estate - Transactions Review (Q3 2015)

November 30, 2015

During the past decade, Saudi Arabia has witnessed rapid economic development, attributable to elevated oil production and prices, vigorous private sector activity and strong government spending on in...

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Economy

GCC liquidity squeeze could spur reforms: MR Raghu – Low oil prices could result in deficit of 7.9% of GDP in 2015

November 29, 2015

Raghu pointed out that the recent fall in oil prices by over 61 percent since June, 2014 due to a host of factors such as shale oil revolution in US, OPEC decision to retain their output levels amid s...

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Business Sector

Emaar Properties - A STEEPLED Perspective

November 26, 2015

Emaar properties PJSC was established in 1997 and has been listed as a Joint stock company on the Dubai Financial market.  Emaar has helped in creating large scale master-planned communities as w...

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Business Sector

UAE Asset Management Industry - An Overview

November 22, 2015

According to Marmore’s UAE Asset Management report, the UAE asset management industry manages USD 1,264.8mn in assets in about 31 funds as of 21st July, 2015. In terms of products, equity ...

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Capital Market

GCC Markets - Who created value in the medium/long-term?

November 18, 2015

The main goal of an investor or a money manager is to create wealth – be it through capital appreciation strategy, dividend strategy or a capital preservation strategy. Unfortunately over the last 1...

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Business Sector

SABIC - Low Oil Prices Pressurizing Top Line

November 12, 2015

SABIC was established in 1976 by Royal decree, and is currently ranked amongst the world’s largest petrochemicals manufacturer. According to Marmore’s company report on SABIC, the petrochemical se...

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Capital Market

Fiscal Measures Worry Markets

November 10, 2015

According to Marmore’s recently released Monthly Market Review, MENA markets ended mostly in red during the month of October 2015. Abu Dhabi (-4.0%) suffered the most, followed by Saudi Arabia (-3.8...

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Economy

Oil prices now go beyond the supply/demand equation

November 09, 2015

Interview with Mr. Raghu, Head of Research, Markaz by Peter Duke, Sales Director, Fidelity Worldwide Investment.2015 has seen oil prices drop to a new low amid a glut of supply in the r...

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Technology

Bitcoins - What’s the story now?

November 01, 2015

Last year we had published a report (Disruptive Technology: Bitcoins) on the emerging technology of bitcoins. At the time of writing that report, the value of one bitcoin had reached an all-time high ...

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Business Sector

Qatar Banking - Advantage larger banks

October 28, 2015

Qatar banking sector overall accounts for 126% of the country’s nominal GDP in 2014 and banks’ credit to GDP stood at 87%. According to Marmore’s report on Qatar banking, the post-crisis growth ...

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Economy

Weak Oil and Strong Dollar - A puzzling relationship

October 25, 2015

IntroductionThe relationship between oil price and dollar value is intriguing not only to the US and the oil-exporters, but to researchers and governments all over the world. Most commodities, includi...

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Economy

Implications of the Chinese Crisis for GCC Economies & Markets

October 13, 2015

According to a report published by Marmore (Is China Stalling?), the ensuing volatility in global markets was exacerbated by fears of rapid economic slowdown in China – the largest economy in the wo...

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Economy

Challenges for Corporate Intellectual Property Rights in GCC

October 07, 2015

With the growing conversion of intellectual ideas and human creativity into commercial business, the need to protect human efforts at least for a specified period of time increased. The increasing pro...

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