Kuwait, UAE and Qatar - best and safest places for investment in Arab world
Kuwait, the UAE and Qatar emerged as the best and safest places for investment in the Arab world last year given their strong financial and economic situation.
According to a Gulf News report, Kuwait topped the list while the UAE and Qatar awarded the second rating in the Financial Times annual balance for emerging markets.
Kuwait was given a "very high" investment degree and a "low risk" rating plus a strong debt repayment ability in the FT's Credit Ratings in Emerging Markets for last year. The UAE and Qatar got a "high" investment rating and a "low" risk classification coupled with a strong credit rating in the balance.
In addition, Kuwait was given an A+ rating while both the UAE and Qatar got A rating. Kuwait ranked fifth in the overall balance while the UAE and Qatar ranked sixth.
Bahrain got BBB+ and was classified as a country with a good investment degree, low risk and "reasonable" credit rating. Ranking after Bahrain were Tunisia, Oman, Egypt, Morocco, Jordan, Lebanon and Yemen. (menareport.com)
© 2004 Mena Report (www.menareport.com)