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(Statement by the bank... Read more) (Statement by the company... Read more) (Statement by the company... Read more) (Statement by the bank... Read more) (Announcement by the company... Read more) (Statement by the company... Read more) (Statement by the company... Read more) (Statement by Chief Executive... Read more) (Statement by the company... Read more) MENA MONTHLY (Statement by the director of USG Boral ME... Read more) (Statement by SME Authority... Read more) (Announcement by Emaar Properties Chairman... Read More) (Statement by the Company... Read more) (Statement by aviation and construction industry experts... Read more) (Report released ahead of the Hotelier Summit... Read more) (Report released ahead of the New Age Banking Summit... Read more) (Statement by the Central Bank Sub-Governor... Read more) (Report by Arcadis... Read more) Construction: Qatar interiors market banks on $22.7bn worth of projects (The Peninsula) Telecoms: MENA banks spending $12.5bn on hitech IT security (Trade Arabia) Banking: Egyptian banks attract $3bn since currency float (The Peninsula) Real Estate: Built assets to contribute over $350bn to UAE economy (Trade Arabia) Transport: Travel boom keeps $100 billion Mideast airport projects on track (Khaleej Times) (Statement by King Salman... Read more) Oil and Gas: Saudi king opens $35bn mining hub in push to move beyond oil (Gulf Business) SMEs: Saudi firms to gain more leverage in line with Vision 2030 (Saudi Gazette) Media: Middle East gets new $1bn online shopping platform (Khaleej Times) Retail: Construction starts on $8.1bn Dubai Wholesale City mega project (Arabian Business) Tourism: $24bn hotel projects under construction in Saudi, UAE (Trade Arabia) EDG and Groupe Imetal ink $1.6bn JV deal for Algerian steel plant (Arabian Business) National Bank of Egypt sold $500 mn to cover imports (Amwal Al Ghad) Gulf Capital acquires controlling stake in Sporter.com (Gulf News) (Announcement by the company... Read more) (Report from Credit Suisse... Read more) (Survey by Bayt.com... Read more) (Statement by the chairman of Emaar Properties... Read more) (Report by AWOK... Read more) (Report by Neilsen ... Read more) (Survey by Oxford Strategic Consulting... Read more) 75% of UAE online shoppers still prefer to pay on delivery (Arabian Business) 67% of private firms lack plan on Qatarisation (Zawya) (Statement by Emirates NBD... Read more) (Announcement by SAMA... Read more) (Report from the International Monetary Fund... Read more) (Announcement by Cabinet Information Center... Read more) (Announcement by Central Bank Governor... Read more ) GCC: Slow and steady growth outlook forecast for GCC in 2017 (Gulf News) KSA: Central bank foreign assets slump $10.8bn in October (Arabian Business) Kuwait: $116bn needed to finance its deficit over the next six years (Arabian Business) Egypt: Banks have provided over $2.2bn to clients since pound floated (Zawya) Lebanon: Lebanon to grow 1.5-2 per cent in 2016-central bank governor (AMEinfo) (Data from SAMA... Read more) (Survey by SCAD... Read more) (Statement by Tanfeedh... Read more ) (Report from BMI Research... Read more) KSA: Saudi government injects $28 bn to boost economy, pay debts (Arabian Business) Abu Dhabi: FDI grows 8.6% to Dh88.9bn in 2015 (Gulf News) (Zawya) Qatar: $35bn foreign reserves to cover ‘more than a year of imports’ (Gulf Times) Oman: $42bn investment potential (Saudi Gazette) Egypt: real GDP growth to top 4% by 2019 (Release from S&P... Read more ) MENA Research Partners is a provider of analytics and research support services in the Middle East & North Africa region and expanding beyond. Our vision is to become the leading provider of customized business intelligence and knowledge solutions to a renowned group of corporations. Our economic, sector, market and financial research are delivered to different types of financial and non-financial companies. NEWSLETTER UPDATES ISSUE 18 | NOVEMBER 2016 FOR MORE NEWS |VISIT OUR RESEARCH PORTAL BY CLICKING HERE WWW.MENA-RP.COM NEWS (Zawya) DEVEOPMENTS Graph 2: Price To Earning Ratios ( Last 12 Months ) Source: MRP Analysis Graph 2: Price To Book Ratios ( Last 12 Months ) Source: World Bank, BMI, MENA Research Partners Analysis Graph 4: GCC Credit Curves For Investment Grade Corporate Bonds - US$ DENOMINATED Source: MRP Analysis Yield to Maturity Z-Spread 2.15% 1.98% 2.12% 2.52% 2.95% 3.30% 3.52% 3.62% 3.66% 3.68% 3.76% 4.06% 4.65% 4.87% 4.75% Graph 1: Index Performance ( Last 12 Months) Source: MRP Analysis MARKETS (Trade Arabia) BP buys 10% stake in Egpt’s Zohr gas field (Zawya) Arabtec reports narrowing Q3 net loss (AMEinfo) MENA: Wealth growth stalls in 2016 (Trade Arabia) Dubai and Abu Dhabi ‘best cities in MENA’ (Arabian Business) Invest in digital economy or become 'irrelevant' (Trade Arabia) UAE tops in consumer confidence in region BLOM Bank to acquire HSBC by 2017 Dar al-Handasah brings $2.4B in revenues in 2015 (The Daily Star) UDC invests QR1.2bn in new projects at The Pearl-Qatar (Zawya) (Arabian Business) Saudi Investment Bank closes SAR 500mn Sukuk PwC acquires Dubai based technology consulting firm (Zawya) -4.9% -2.9% -4.5% -1.1% -4.7% -11 % KSA UAE Qatar Kuwait Oman Bahrain GCC U.S. Europe 3.0% 7.6% 5% 16.9x 11.4x 13.0x 16.4x 11.8x 11.1x 14.3x 20.2x 18.1x 14.7x KSA UAE Qatar Kuwait Oman Bahrain GCC U.S. Europe Asia 1.64x 1.26x 1.40x 1.06x 1.11x 0.82x 1.40x 2.75x 1.66x 1.43x KSA UAE Qatar Kuwait Oman Bahrain GCC U.S. Europe Asia 245 151 145 136 136 155 184 212 233 250 252 266 306 299 258 1Y 2Y 3Y 4Y 5Y 6Y 7Y 8Y 9Y 10Y 12Y 15Y 20Y 25Y 30Y
