Product Description
The first in-depth look at Arab stock and bond markets, The Emerging Arab Capital Markets assesses the role of the Middle East in the changing world of global finance and considers investment opportunities in this largely untapped region of the world. Henry T. Azzam provides nine close explorations of the most significant national stock markets in the Middle East, discussing structure, listing and trading procedures, recent performance, indicators, sectoral analysis, and underlying strengths and weaknesses for each. He also looks at five smaller, emerging stock markets, and at how the region can begin to lay a foundation for bond markets.
The book covers broad issues of Arab stocks and bonds, such as the trend toward privatization in the region and the management of capital flows to the Middle East, and provides a vision for the challenge and promise ahead at the end of the 1990s. For anyone seeking to do business in the Gulf region, Azzam's work will be indispensable in approaching these burgeoning markets.
About the Author
Henry T. Azzam is Assistant General Manager and Chief Economist of the National Commercial Bank in Jeddah, Saudi Arabia. He is the author of three books.
