Interpreting Middle East Economic News and Analyzing Market Trends

Archive for June, 2015

Saudi stock market welcomes foreigners, with conditions

Saudi Tadawul launch of NCB

Source: CNN Money

The Saudi Stock Exchange (Tadawul) opened up this week to foreigners investors.  There are, however, conditions foreigners must meet before they are allowed to invest and there are questions on the timing of the move.  Is it too little too late or is Tadawul too early?

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Market outlook for the remainder of 2015: Negative

Financial Crisis Ahead

I recently prepared a detailed report to one of my clients on the market outlook for the rest of 2015.  The findings in the report were a bit of a shock to them, but nevertheless, they accepted them as real possibilities given recent developments.  I would like to share with you the highlights of the report so that you can prepare yourself for what lies ahead, or at least offer you a different point of view from the ‘recovery is taking hold’ crowd.  More importantly, I urge you to take a close look at the ‘elephant in the coal mine’, Deutsche Bank.

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