Guidance
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Guidance in the GCC: Analysts and investors favor the few (that share forward-looking metrics)
A ‘quiet transformation’ is taking place across the Gulf Cooperation Council region, but guidance remains relatively rare Across the Gulf Cooperation Council (GCC), a quiet transformation is underway – one that could reshape how companies communicate with investors and influence the broader dynamics of capital allocation. At its heart, this transformation revolves around two critical pillars: transparency and guidance. Despite their importance in fostering investor confidence, lowering capital costs and reducing market volatility, these practices remain underutilized in the region. Bloomberg data as of September 30, 2024, reveals that out of 829 actively traded companies in the GCC, only around…
