Kuwait

BMI View: The basket peg arrangement will start to serve Kuwait better now that the dollar is strengthening, by reducing the cost of euro-denominated imports. However, the central... 2008-11-17

As we move into 2009, the world is looking quite a different place, with a new US president and unprecedented financial crisis making for an interesting global backdrop. For Kuwait,... 2008-11-17

Though it is currently trading at around US$52/bbl, front month Brent crude briefly touched US$50/bbl today (November 13), a level we first mentioned in August (see Commodities Over... 2008-11-13

The Kuwait Stock Exchange (KSE) General Index has bounced, but we do not think the bottom has been reached just yet, particularly with yesterday's 5.0% drop in the Dow Jones index.... 2008-11-06

The October 30 report by Amnesty International, which detailed widespread abuse of female migrant domestic workers in Jordan, is an attempt to pressurise the government into doing... 2008-10-31

The Kuwaiti government is divided at the best of times, but the constant onslaught directed by parliamentarians towards the cabinet could start to become really damaging in the current... 2008-10-28

Jordan's solid relations with the US were further enhanced by the news in late September that Washington intends to increase its aid to Amman by 43% this year to US$660mn, and continue... 2008-10-24

Although Jordan runs large trade deficits - which we expect to come in at US$7.2bn in 2008 (39.0% of GDP), and US$7.1bn in 2009 (33.7% of GDP) - sizeable current transfers, primarily... 2008-10-24

Recently released figures from the Islamic Finance Information Service (IFIS) concerning global sukuk issuance clearly illustrate our long-held view that the market is not favourable... 2008-10-22

Lower global oil and food prices, as well as a strengthening US dollar, will ease inflationary pressure going forward. We expect that having spiked to 19.9% y-o-y in September, inflation... 2008-10-21