Gulf IPO outlook hinges on oil prices, secondary markets: Kamco

Gulf IPO outlook hinges on oil prices, secondary markets: Kamco

The outlook for initial public offerings (IPO) in the Gulf Co-operation Council (GCC) this year will depend on secondary equity markets and oil price stability, even as the GCC sovereigns continue to propel the non-oil economy by largely maintaining their budget spending, according to Kamco Research

Qatar’s nominal GDP forecast at nearly QR699bn in 2019

Qatar’s nominal GDP forecast at nearly QR699bn in 2019

Qatar’s nominal GDP has been forecast to reach nearly QR699bn next year; accounting for 12% of GCC’s gross domestic product in 2019, a new study has shown.

GCC budget deficits could cross $153bn in 2016

GCC budget deficits could cross $153bn in 2016

The GCC budget deficits are forecast to "peak" at over $153bn this year against an estimated $119bn in 2015, after which it is likely to taper off but the "gap" is expected to persist over the medium term.