That the Gulf could experience a credit squeeze was unthinkable just a short time ago. Record high oil prices, ready access to foreign debt and equity funding and a rapidly expanding domestic banking ..
At the beginning of the year we were expecting the UAE markets to post an earnings growth of 28% and provide 43% index return based on the NBAD index. In the YTD period, the NBAD index has witnessed a..
With the help of significant monetary policy easing, modest counter-cyclical fiscal policy initiatives, and other growth-enhancing structural policy changes (such as those aimed at boosting rural dema..
In recent months, global oil prices have been falling precipitously, with the spot price for Arabian Light Crude almost halving between July 2008 and the present. The deteriorating outlook for the glo..
Over the past three years, the world economy saw the highest rates of growth in more than 30 years. The boom was enhanced by loose monetary policy in most of the world. The focus was on consumer price..
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