Flip through the latest issue of Gulf Weekly.
Tensions over Iran, unrest in Syria and concern about refinancing of upcoming Dubai debt are making international investors wary of Gulf and other Middle Eastern markets this year, just as developed markets enjoy fresh gains … although neighbouring Saudi Arabia is considered a ‘bright spot’ by analysts, writes Carolyn Cohn.
Storming oil prices and healthy balance sheets among energy-producing Gulf economies kept these markets on a relatively even keel last year, as international investors saw the region as an alternative to the debt-laden euro zone and United States.
Deals worth millions of dollars were struck as more than 2,300 trade visitors attended the fifth Gulf Industry Fair, which was inaugurated by HRH Prime Minister Prince Khalifa bin Salman Al Khalifa, at the Bahrain International Exhibition and Convention Centre.
