You are hereHome SectorsEgypt
Regional markets take a breather after a strong December start
Source: Al Masah Capital , Author: Posted by BI-ME staff
Posted: Sun December 18, 2016 2:36 pm

UAE.  After a stellar start to the month and a strong first week of trading, regional markets were expected to kick on. Instead the momentum stalled as profit taking and greater caution prevailed. Only Kuwait and Qatar could generate any meaningful gains going up 1.4% and 1.7% respectively.

UAE, Saudi and Egypt were all around the breakeven mark. The one week breather may provide the markets another chance to refuel and go into the new year on a strong positive foot as average monthly gains are still at a healthy +2.7%. However, as is usually the case at this time of the year, volumes and liquidity may drop.

Western institutions will certainly take the food off the gas meaning regional players will be the ones looking to dictate the market trend for the last 2 weeks of 2016. Abu Dhabi (+4%) and Saudi (+3%) will look to preserve their annual gains and add to them if possible; Qatar will certainly try and flip its annual losses of -2% into something more green while Dubai (+13%) and Egypt (+62%) may be happy to close up shop.

In the case of Egypt its annual gains come at the price of the severe currency devaluation so in dollar terms it’s still negative on the year meaning ample opportunity still exists for value buyers.

About Al Masah Capital
Al Masah Capital is one of the fastest growing alternative asset management and advisory firms focused on the MENA and SEA regions. Established in 2010 Al Masah Capital provides tailored solutions to a broad investor base, offering private equity advisory (across Healthcare, Education, Food & Beverages, Logistics and other consumer driven sectors), asset management, corporate and real estate advisory as well as public market research services.

With operations in Dubai, Abu Dhabi and Singapore, Al Masah advises qualifying investors on growth opportunities in 13 focus markets in MENA and South East Asia.



date:Posted: April 24, 2017
UAE. Installed generation capacity in the MENA countries analysed will have to rise by almost 150GW, more than 50% on the current available capacity of 290GW, to reach a massive 440GW by 2020.
date:Posted: April 24, 2017
UAE. Number of active hospitality projects reached 1,153 as 62 projects with a combined value of US$2.5 billion were added to the list in the first quarter of 2017, according to BNC Network; GCC hospitality sector constitutes 7% of all active projects in the GCC.
date:Posted: April 23, 2017
LEBANON. latest Byblos Bank/AUB Consumer Confidence Index shows recovery in sentiment in the first three months of the year remains tentative at best.