Investment guide MENA stock tips

Stock indices continue their upward trend this year despite investor skepticism, with global fundamentals remaining weak as March came to a close. Last month markets were wavering between signs of improvement in the United States and the continuing European debt crisis, while in the Middle East and North Africa, several countries’ continuing instability kept investors wary on where to invest their money. Executive spoke to Lina Makarem, head of treasury at Lebanon’s BBAC Bank and Raj Madha, financial analyst at Rasmala, a Dubai-based investment bank, for their investment recommendations in these topsy-turvy complex times. Lina Makarem View on global markets: Makarem is cautious with regards to the markets, as she does not believe we have seen the full extent of the negative repercussions from the European sovereign debt issues. “The measures taken so far are only postponing the problems and not solving them; the authorities are taking money to pay