Middle East stocks to 'outperform' this year
Tuesday, February 12 - 2008 at 07:26
A new report by UBS AG said Middle Eastern stock markets will 'outperform' this year as the region's economies benefit from high oil prices and a recent correction, reported Bloomberg. Equities in the UAE, Egypt and other regional markets will 'continue to offer one of the more attractive opportunities to foreign investors in 2008,' helped by 'attractive valuations,' economic growth fuelled by high oil prices, and a 'low' correlation with global markets, the report said.
Readers' recommendation
This story is currently rated 7.74 of 10 based on 11 readers' recommendations
This story is currently rated 7.74 of 10 based on 11 readers' recommendations
- ADD ARTICLE TO
-
Facebook
del.icio.us
Digg">
Also consider reading:
- » Gold jewellers posts 58% increase in sales
- » Abu Dhabi gold recovering
- » Trading surges 95% in DGCX
- » Ahli Bank's new loans scheme
- » Platinum hits record high
- » Tanmia extends support to Tawdheef 2008
- » Gold may hit $1000 in 2008
- » Equity touted as best investment
- » Platinum hits $2,000
- » Gold remains robust in Middle East
Jeff Florian, Senior ReporterTuesday, February 12 - 2008 at 07:26 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Index : Personal Finance
Browse related articles
Browse related articlesToday's most read articles:
Most read articles the past week:
Disclaimer:
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AME Info Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AME Info Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AME Info Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AME Info Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AME Info Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AME Info Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AME Info Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AME Info Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
Web Feeds