Aala’a

Gulf economies in the light of the global crisis As the global financial crisis continues, markets across the world struggle to adapt to the wave of bank collapses, government intervention, and wild volatility in markets. All countries in the world have been affected by this crisis, and despite the fact that the GCC countries have a quite stable financial health; they are still not immune to the effects of this crisis. There are many reasons why the Gulf is at risk of feeling the effects of the current crisis, three of which include: the jitters felt worldwide and are shared by Gulf investors, GCC institutions and investors hold securities which were affected by the subprime crisis, and volatile commodity prices (such as oil) increase the Gulf’s uncertainty.

• الاثنين 22 ديسمبر 2009