Optimistic outlook for GCC markets

Manama, Kingdom of Bahrain, 20 February 2013: Internationally, equities remain the preferred asset class as cash continues to provide a near zero return. With economic growth picking up, bond markets are expected to come under pressure, as monetary global policies slowly reverse direction. GCC equities are forecast to generate moderate returns in the range of 10 to 15 per cent in 2013, driven by an improvement in overall fundamentals, multiple re-rating and earnings growth.

The full press release in English & Arabic can be downloaded here .