• Gulf nations are topping the frontier market list in February, which is published by Bloomberg and evaluates 19 measures of the investing climate in young economies.
  • Qatar, the UAE, and Saudi Arabia top the frontier market list beating out other up and coming economies such as Croatia, Argentina, and Romania.
  • Whilst Brent crude continues to trade over $100 per barrel ( and for the third straight year), these producing nations are receiving huge oil revenues and use this income to diversify their economies.
  • Such Gulf nations like Qatar, the UAE and Saudi Arabia could now be regarded as “emerging” market economies as opposed to “frontier” market economies.