While it depends on an individual's return objective, risk tolerance and investment horizon, most analysts agree that for the medium term — looking at two to three years — the UAE offers good opportunities.
"The time is ripe for equity allocations, especially before inflation heats up again in the medium term," says Talal Touqan, head of equity research at Al Ramz Securities.
"Looking forward, the market is trading at a leading price earnings (P/E) ratio of below eight times, with more than 20 companies generating cash dividend yields of above five per cent. The UAE is still rich in valuable stocks that trade at below 100 per cent of their book value."
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