Global market keen on higher GCC exposure: IIF ...Qatar

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Global market keen on higher GCC exposure: IIF
Low indebtedness and substantial financial buffers, notably in Qatar, Kuwait and Saudi Arabia, have instilled confidence in international markets to enhance the exposure to the Gulf Co-operation Council (GCC), according to a Washington-based economic think-tank. "The international market is still keen on GCC exposure," the Institute of International Finance (IIF) said its latest report. Low debt-to-GDP (gross domestic product) ratios and "substantial" financial buffers in Kuwait, the UAE, Qatar, and Saudi Arabia give confidence to investors to gain exposure, it said. Furthermore, the GCC countries are offering relatively higher risk premia against other emerging economies to attract investo

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