GCC Stock Market Outlook 2018

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Despite the strengthening global economy, the economic outlook for the GCC region remains muted owing to the adjustments to the low oil price. Though .....

Summary

Despite the strengthening global economy, the economic outlook for the GCC region remains muted owing to the adjustments to the low oil price. Though the oil price recovered during 2017, the fiscal consolidation efforts and subdued business sentiment, sovereign ratings downgrade, along with increasing geopolitical risk on account of Qatar embargo and Saudi Arabia corruption purge in the region were some of the major themes that influenced the regional economies and stock market performance in 2017.

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GCC Stock Market Outlook 2018

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