Oman's stock market: performance raising concerns, officials move to develop exchange institutionally
Article Abstract:
Trade and banking officials have implemented a number of new Muscat Securities Market (MSM) policies in Oman to uplift the market's bad performance. MSM fell 20% in 1998 after it increased in 1997. The MSM was created to encourage private development through public shareholding in large firms. MSM is imposing stricter trading policies to control speculation and public investment. Companies have to submit quarterly statements complying to international accounting standards. The government is also promoting foreign investments into the country.
Publication Name: Middle East Executive Reports
Subject: Economics
ISSN: 0271-0498
Year: 1998
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Egypt's stock market: it's small but growing 30% a year
Article Abstract:
The Egyptian stock market prepares for greater business activity as it is expected to grow by 30 percent annually. The expected growth is being attributed to several factors, such as Egyptian pound deposits' low interest rates and privatization reforms initiated by the government. The number of investors engaged in the Cairo stock exchange and its network linked satelite in Alexandria grew from 200,000 in 1995 to 1.1 million in 1997.
Publication Name: Middle East Executive Reports
Subject: Economics
ISSN: 0271-0498
Year: 1997
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Performance of stock market in 1999 and outlook for 2000
Article Abstract:
The predicted improvement to the economic prospects in the Middle East is likely to assist growth in their stock markets in 2000. Whilst in 1999 poor economic growth hampered the stock markets apart from those benefiting from increased oil prices.
Publication Name: Middle East Executive Reports
Subject: Economics
ISSN: 0271-0498
Year: 1999
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