Posted by admin on 30 Jul 2008 12:01 pm. Filed under
Investing.
savioribeiro asked: Which are the better options inearning assured / high returns on short term investments in Bahrain ? Would the present state of the US $ affect ones returns if investing in US$ schemes…or would one benefit better by investing in the Euro or in the INR ??
On July 31st, 2008 at 12:16 am
For non-gulf individuals, the only way to invest in Bahrain is via the Bahrain Stock exchange.
The government there have recently announced an “open investment” policy inviting non-Gulf citizens & corporate bodies to invest , though the %holdings is limited to around 40-45% for non-gulf.
Most of equities offered are banks (at least 80% listed are banking/financial sector companies with a permanent base in Gulf region if I recall correctly). They are cash rich & actively trade in the exchange but bear in mind that Bahrain is still ruled by a monarchy system with personal powers vested on the Sultan though with a very weak parliament for namesake. If you are looking for short gains – carefully examine the trading patterns before entering- some may be misleading.
Re: currency fluctuation question with respect to investing, there is no clear answer. Dollar used to be the benchmark currency for that last 10-12 years or so and of course is showing signs and Euro is on the up. Which effectively means (atleast to me !) that there could be two benchmark currencies in the next 3-4 years, which is a good sign. So investing in Euro does make sense, but economic stability with INR is less predictable. Hope this helps
On July 31st, 2008 at 12:42 pm
Find a very usefull forum on indian stock markets and commodities- where you can discuss all your doubts…