Kuwait’s financial
sector has been hit
harder than most by the
global downturn, while
allegations of fraud have
been levelled at Kuwaiti
investment companies.
Market players hope that
these pressures lead to
increased transparency
over the longer term. By
Patrick McCurry
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Lebanon’s economy
will grow by up to 5%
this year, after a strong
increase in 2008. With
a well-developed and
thriving banking system,
the country is hoping
to attract a growing
number of funds seeking
a base to invest across
the MENA region. Patrick
McCurry reports
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After a period of hiatus, Bahrain’s private equity
players are expecting an upturn in the Gulf’s
market by the end of the year – assuming that oil
prices continue to rise steadily again and company
valuations drop to an acceptable level. Patrick
McCurry reports.
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Saudi Arabia, the Gulf’s biggest economy, is attracting the interest of private equity investors. But will the region’s powerful family conglomerates turn out to be friend or foe? Marc Mullen reports.
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The gulf state of Qatar entered 2009 relishing the
prospect of another year of double-digit growth.
Despite the doom and gloom that has seeped into
every corner of the globe, the Economist Intelligence
Unit (EIU) forecasts that the tiny emirate will grow by
more than 13% in 2009. Marc Mullen reports
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A more discerning Gulf state post the global credit crunch.
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Kuwait: a burgeoning market |
With a long history of private equity commitment among Kuwait’s large limited partner base, the country is now starting to develop a domestic investment market. |
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Building a post-oil future |
Awash with petrodollars, the Gulf States are investing in heavily in infrastructure development to create the foundations of their post-oil economies. |
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Bahrain banks jump into PE |
Boasting one of the most long-standing and
developed financial centres in the Gulf region,
Bahrain has recently seen a rapid rise in the number
of investment banks setting up there. |
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