Kuwait

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

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

Kuwait's relations with Sudan, which have been frosty since the latter supported Saddam Hussein in the 1991 Gulf War, are improving rapidly. Following Finance Minister Mustafa al-Shimali's... 2008-09-30

The dispute between the Kuwait National Petroleum Company (KNPC) on one side and MPs and unionists on the other continues to cloud the outlook for foreign investment. If the deal... 2008-09-30

Progress in the US towards a bailout of ailing financial institutions seems to have halted recent slides in GCC equity markets but we retain our bearish stance towards the region... 2008-09-29

BMI View: The Kuwaiti plan to build up the banking sector has some mileage, but a poor business environment, as well as the current liquidity crisis and unfavourable global conditions,... 2008-09-24

Kuwait continues to cement its relationships with key allies: Prime Minister Sheikh Nasser al-Mohammad al-Ahmad al-Sabah is in the US at the moment to meet with President George W... 2008-09-19

The approval of a draft agreement on the charter governing the Gulf monetary union council by five ministers this week is broadly positive in terms of regional cooperation, but does... 2008-09-17

With Gulf equities falling further over the weekend, our bearish view on the region's stock markets continues to play out. The falling oil price (front month Brent crude has now dropped... 2008-09-15

Generally speaking, we think the much-talked about Sunni-Shi'a divide in the Middle East is broadly confined to Iraq and Lebanon, with most of the tensions elsewhere being stirred... 2008-09-09