Description: Neglected, misunderstood and overlooked emerging and frontier markets
Neglected, misunderstood and overlooked emerging and frontier markets
Blog Jadara Capital Partners Contact Us GCC SOE Dominance: Misalignment of Incentives and Economic Value Destruction Looking at the current return on capital profiles for the GCC countries, a few things become abundantly clear: 1) overall GCC aggregate return on capital (7.5%) is now firmly below the blended cost of capital (7.7%), suggesting that based on the latest quarter performance, the GCC in aggregate is generating negative economic value-added, 2) with the lone exception of Kuwait, all individual ma
Chart 1: GCC Summary of Returns on Capital (Aggregate, By Country, Financials & Non-Financials) – Latest Quarter & 15-Year Averages