Gulf In Focus - Gulf News - GCC economic strengths 'make it ideal investment destination'.

Strong Economy, low debt, lack of currency risk and high reserves make the Gulf Cooperation Council (GCC) region stand out as an attractive investment opportunity, a webinar heard.

These Attributes also differentiate GCC from other emerging markets (EMs), the webinar hosted by Kuwait Financial Centre 'Markaz' said.

The Webinar titled 'GCC Markets: An Attractive EM Allocation Play,' was presented by M R Raghu - CEO, Marmore MENA Intelligence, the research arm of Markaz.

GCC Equities are also generally considered a strong oil play by certain fund managers due to their economic growth being largely driven by oil revenues, it said.

The Weightage of GCC stocks in the MSCI EM index witnessed a steep rise from 0.85 percent at the end of 2014 to 7.3 percent at the end of April 2023. The...