Marmore Articles

Morgan Stanley Capital International (MSCI), the world’s largest index provider, reclassified Kuwait to ‘Emerging Markets’ status from ‘Frontier Markets’. The inclusion to the Emerging Market Index took place on Nov. 30, 2020 after market close, while the deletion of Kuwaiti...

As the world charts its recovery from COVID-19’s impact amidst the resurgence of cases in some countries and lingering threat of spike in others, the countries’ recovery path and economic outlook are being closely watched. IMF in its recent World...

Oil majors around the world are scaling back their investment plans on the back of drastic fall in oil prices driven by lockdowns to curb COVID-19 and the current stagnation in prices. Kuwait had also announced plans to slash capital...

This article was first published in Islamic Finance news Volume 17 Issue 41 dated the 14th October 2020 S&P global ratings expects Islamic finance industry (USD 2.4trillion) to witness subdued growth in low single digits for 2020/21 after registering strong...

The year 2020 has seen bond issuances totaling USD 42billion so far by GCC governments as they try to raise funds in the market to plug record deficits due to the oil price crash and the COVID-19 crisis. GCC Sovereign...

Kuwait’s retail sector is small in absolute terms when compared to regional peers like the UAE or Saudi Arabia. However, Kuwait has one of the highest concentrations of international retailers in the GCC, with luxury segment proving to be a...

Tourism has been one of the focus areas of GCC countries’ diversification agenda and aviation sector in the region has been an attendant beneficiary. Closure of borders and travel restrictions were one of the first measures taken by countries around...

Boursa Kuwait Securities Company has surged more than 10 times since it debuted on the Kuwait Premier Market index on September 14th when it became only the third stock exchange in the MENA region to be listed after the Dubai...

Cost of Capital represents the opportunity cost of all financial capital, primarily debt and equity, invested in an enterprise. ‘Opportunity cost’ also referred to as ‘hurdle cost’ or ‘discount rate’, is of primary importance in valuation and helps investors in...

COVID-19 pandemic has pressurized banking asset quality and increased the demand for credit. As signs of normalcy returns, banks face the challenging task of managing the asset quality while expanding balance sheets. The strength of a country’s banking sector is...