http://www.zawya.com/middle-east/financial-markets/casablanca/en-usCopyright 2013 Zawya Ltd. All rights reserved.Thu, 14 Mar 2013 12:50:00 GMT714476http://www.zawya.com/middle-east/financial-markets/casablanca/http://www.zawya.com/images/newsletter_zawya_logo.gifhttp://www.zawya.com/story/NBK_Capital_MENA_in_Focus_06Mar13-pdf_140313125143/This is a PDF report.Thu, 14 Mar 2013 12:50:00 GMTNBK Capital pdf_140313125143Subscriptionhttp://www.zawya.com/story/JP_Morgan_FX_Weekly_Report__11Mar13-pdf_120313105942/This is a PDF report. Tue, 12 Mar 2013 10:59:00 GMTJP Morgan pdf_120313105942Subscriptionhttp://www.zawya.com/story/United_Securities__Global_Equity_Markets_in_2012_and_YTD_Performance_11Mar13-pdf_120313101853/This report is one of our premium publications for investors and aims to cover the developments in Global, Emerging Markets, Regional equity markets and primarily the GCC markets during 2012 and Year to date (end of Feb, 2013). We tried to establish cross reference to regional news flows with the objective of helping investors and understand the broader picture of equities in general. We believe that this report would add value to your investment strategies and aid in informed investment decision making on a macro level, particularly the “timing”, whilst such market factors which can influence performance.<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /> GCC Economies; Re-iterating tale of current account surpluses and government spending: We remain positive on GCC economies in general and special emphasis to Saudi Arabia and Qatar on account of robust macro level growth. However, other economies also poised to reach such level of growth largely benefitted by current account surpluses driven by larger spread in realized oil prices to budgeted levels. The equity markets witnessed robust growth, while not in line to some of the peers in the EM. We also believe the GCC equities have so far returned 3% in 2013 (S&P GCC Index), which is at 1x downward spread to MSCI world and major EM markets. However, GCC equities over the long run do possess strong upward momentum particularly petrochemicals and erstwhile Cement and Banking sector, the key beneficiaries of oil revenues and government spending. However the among GCC economies, Saudi Arabia draws special attention owing to large spending plans outlined the in its five year plan starting 2012-17. Additionally, the impact of non- oil diversification is widely reflected in the GCC consumer sector as well. Tue, 12 Mar 2013 10:05:00 GMTUnited Securities pdf_120313101853Subscriptionhttp://www.zawya.com/story/CDG_Patrimoine_Fact_Sheet_Feb13-pdf_130313111114/This is a PDF report.Thu, 28 Feb 2013 11:10:00 GMTCDG Capital Gestion pdf_130313111114Subscriptionhttp://www.zawya.com/story/CDG_Cash_Fact_Sheet_Feb13-pdf_130313104643/This is a PDF report.Thu, 28 Feb 2013 10:45:00 GMTCDG Capital Gestion pdf_130313104643Subscription