ME: Lebanon’s Future Uncertain

EMERGING MARKETS ROUNDUP: MIDDLE EAST   by Gordon Platt   After five months of political wrangling, Lebanon’s prime minister Najib Mikati on June 13 announced a new government led by the Shiite Hezbollah movement, giving Syria and Iran renewed influence ...

Regional Report: GCC

GUNS AND BUTTER   The GCC (Gulf Cooperation Council) countries, led by Saudi Arabia, will spend $120 billion over the next few years to buy advanced fighter planes and anti-missile defense systems. They are spending even larger sums to placate ...

Early Days

COUNTRY REPORT: EGYPT   By Justin Keay   Egypt is still in the very early stages of transition, but if it can establish political stability, its economy should grow strongly over the coming years.   If confidence really is the ...

An Oasis Of Calm

COUNTRY REPORT: KUWAIT   By Gordon Platt   Kuwait has been largely unaffected by the winds of change sweeping through the Middle East and North Africa.   In the 50 years since Britain ended its protectorate and Kuwait became an ...

Emerging Markets Roundup: Middle East

SAUDI ARABIA REOPENS IPO MARKET WITH TELECOM ISSUE   By Gordon Platt   The first initial public offering of the year in Saudi Arabia, home of the Arab world’s largest stock market, attracted more than 638,000 subscribers, more than 92% ...

Emerging Markets Roundup: Middle East

ROUNDUP: MIDDLE EAST   By Anita Hawser   In the wake of the political and social unrest that has been sweeping across the Middle East following the downfall of the Tunisian and Egyptian leaders, ratings agencies are preparing to issue ...

Company To Watch: Industrias Bachoco / Mexico

INDUSTRIAS BACHOCO: POULTRY PRODUCER OFFERS PROTECTION IN TROUBLED MARKET   By Anita Hawser   In times of uncertainty investors often turn to so-called defensive stocks, and Mexico poultry producer Industrias Bachoco is certainly that.   Despite other problems that may ...