VOL. XLIII

No. 41

9-OCTOBER-2000

GCC

MECG On Regional Market Performance For 3Q 2000

The strength of oil prices since the beginning of the year and a genuine commitment to reform have boosted share prices in some Gulf stock markets, most noticeably in Saudi Arabia and Kuwait, according to a report published by the Beirut-based Middle East Capital Group (MECG). In its latest review of the regions stock markets Weekly Update, 2 October MECG says that the improved fiscal and external positions...