As reported by The Huffington Post, Russia, Iran and Qatar – which together account for nearly a third of world natural gas exports and hold some 60 percent of world gas reserves – made the first serious moves recently toward forming an OPEC-style cartel on natural gas, raising concerns that Moscow could boost its influence […]
Read more »Via Arabian Business.com, an interesting article detailing the biggest share gainers in the Gulf during the first half of 2008. According to the report: “…Four of the world’s top ten performing stock exchanges are in the Gulf. Oman’s main stock index has gained 29.4 percent since the beginning of the year as Kuwait advanced 21.3 […]
Read more »Via The Financial Times, news that Qatar will invest about $8bn in Libyan companies in the financial services, energy and real estate sectors. As the article notes: “…Libya, with a population of 5 million and the biggest oil reserves in Africa, is moving to modernise, but faces an uphill struggle in a command economy where […]
Read more »An interesting article in Smart Money (subscription required for online version), discussing The Next Frontier. As the article notes: “…finding investing opportunities sheltered from the fits and starts of the global economy requires going off the grid. Way off, in fact. Countries like Nigeria, Kazakhstan and Qatar are developing tradable markets, prompting adventurous investors to […]
Read more »Via Bloomberg, an interesting review of the equity markets in Saudi Arabia, the United Arab Emirates, Kuwait, Qatar, Bahrain and Oman where – as oil revenues spur construction and increase demand – profit growth is projected to exceed other emerging markets around the word. As the article notes: “… The MSCI GCC Countries Index of […]
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