Van Eck's New Gulf States Index ETF [View article]
my job as a reporter has enabled me to watch the gcc markets for more than a decade. they are run like casinos not stock markets, and although companies' stock prices have gone up, corruption is paramount. high net worth individuals, esp in kuwait, control the markets with large-block ownership-- my advice -- stay out of these waters which might look enticing, they are full of sharks. these markets have little to none regulation. they are mere speculation vehicles. if you insist to enter this market, i advise to learn arabic and do thorough checks of the companies and their ownership (not always transparent -- beware.
Van Eck's New Gulf States Index ETF [View article]
Van Eck's New Gulf States Index ETF [View article]