Category Archives: Middle East
October 8, 2008 Opportunities for Arab investment in the Philippines
Another group of countries with an appealing exposure to the Philippines is the Arab (OPEC) bloc, with its petrodollars. Arab governments and investors looking to diversify away from the USD assets might consider the Philippines. We can see from the following charts that the Arab countries currencies are still strong against the peso. Will that [...]
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- Posted under Middle East
September 20, 2008 Where will the Arab world invest its petrodollars?
Commentators raise the spectre of Arab OPEC oil countries coming off the USD peg. For a long time commodities, including oil have been priced in USD. This was because the US was the world’s largest market and considered a stable, strong currency. Over the last 20 years US supremacy and its currency have never looked [...]
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- Posted under Middle East, Muslim Mindanao, Philippines