Middle East Economic Survey


No 52



GCC Equity Markets: Boom Or Bubble?

Top economists and investment managers on 18 December attended a symposium organized by National Bank of Kuwait to assess whether the unprecedented jump in the price of GCC equity market shares is a longer-term boom, or a short-term bubble. MEES Finance Editor Melanie Lovatt reports from Kuwait on the findings.

With returns in the high double digits and sometimes triple digits (as in the UAE) this...