2020 outlook: GCC markets stable, Dubai positive | ZAWYA MENA Edition:
The outlook for GCC markets in 2020 is mostly stable, while Dubai’s outlook is positive, Kuwait Financial Centre “Markaz” said in a report.
Oil prices in 2020 are expected to remain around the 2019 levels, in the range of $61-$65 per barrel, while an improvement in corporate earnings is expected, the report noted.
Markaz has listed its outlook on major GCC markets:
The outlook for GCC markets in 2020 is mostly stable, while Dubai’s outlook is positive, Kuwait Financial Centre “Markaz” said in a report.
Oil prices in 2020 are expected to remain around the 2019 levels, in the range of $61-$65 per barrel, while an improvement in corporate earnings is expected, the report noted.
Markaz has listed its outlook on major GCC markets:
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