Country Risk Weekly Bulletin
Issue 619 | March 5, 2020 Economic Research & Analysis Department COUNTRY RISK WEEKLY BULLETIN NEWS HEADLINES WORLD MENA Real estate investment funds secure $151bn in 2019, Stock markets down 7.2% in first two months of private debt funds raise $104bn 2020 Research provider Preqin indicated that there were 9,328 private Arab stock markets regressed by 7.2% and Gulf Cooperation equity (PE) real estate transactions completed globally in 2019, Council equity markets declined by 8.3% in the first two months down by 4.7% from 9,795 deals in 2018. It added that the aggre- of 2020, relative to expansions of 5.4% and 5.6%, respectively, in gate amount of PE real estate transactions regressed by more than the same period of 2019. In comparison, global stocks decreased 10% in 2019. It attributed the decline in the deal volume and value by 9.4% and emerging market equities regressed by 9.3% in the to concerns about rising valuations. It pointed out that 75% of real covered period. Activity on the Beirut Stock Exchange jumped by estate fund managers that it surveyed in November 2019 said that 13.1% in the first two months of 2020, the Damascus Securities asset prices were higher than they were in the previous 12 months. Exchange rose by 9.1%, the Khartoum Stock Exchange increased Further, it indicated that there were 295 PE real estate investment by 6.2%, the Muscat Securities Market improved by 3.8%, the funds that raised a total of $151bn in capital commitments world- Bahrain Bourse expanded by 3.1%, the Palestine Exchange grew wide in 2019, the highest amount of raised capital on record, com- by 1.6%, the Amman Stock Exchange appreciated by 1.1%, and pared to 386 PE real estate investment funds that secured $148bn the Casablanca Stock Exchange and the Tunis Bourse improved in 2018.
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