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| Capital Market |
| New Saudi equity fund is launched |
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Morgan Stanley Saudi Arabia (MSSA) announced it has launched the Morgan Stanley Saudi Equity Fund.
The fund is offering GCC investors exposure to the kingdom through investment in Saudi ...
Saudi Arabia |
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| GCC markets see major growth across insurance and wealth management sectors in 2008 |
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Turbulent economic times in 2008 have spurred UAE consumers to take a cautious but steady approach to plan ahead for their financial wellbeing and future, according to industry experts.
“The ...
GCC |
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| Moody’s changes outlook for Lebanon’s sovereign ratings to positive |
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Moody’s Investors Service has changed the outlook on Lebanon’s sovereign ratings to positive.
These ratings are the country’s B3 local and foreign currency government bond ratings, the ...
Lebanon |
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| Talal Abu-Ghazaleh Capital Services is launched in Jordan |
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Talal Abu-Ghazaleh Capital Services (TAG-Capital), a new member of the Talal Abu-Ghazaleh Organization (TAG-Org), was launched recently in Amman, Jordan.
TAG-Capital will provide companies ...
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| Impact of crisis on GCC countries manageable, Islamic bank says |
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The effects of the global financial turmoil on GCC countries are manageable compared to other parts of the world due to the fundamental strength of the Gulf states, according to a Bahrain-based ...
GCC |
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| Listed companies report higher profits in Qatar |
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Data released by Doha Securities Market (DSM) has shown that all 43 Qatari Public Shareholding Companies listed on the exchange achieved a net profit of QR 24.02 billion (US$6.5 billion) for ...
Qatar |
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| While the rest of the world is facing crisis, Iraqi stocks soar |
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While the rest of the world is facing a financial meltdown, the Iraq Stock Exchange is booming.
The ISX index soared nearly 40 percent during September, boosted by increasing confidence ...
Iraq |
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