market
Dubai’s financial markets challenged to go to Phase 2
As fund managers warn the Dubai Financial Market is heading for a “crisis of confidence”, word arrives that just one company accounts for nearly 98 per cent of traded volume on the DIFX. DP World made up 91 per cent of DIFX’s traded value, according to statistics available on the official site.
DFM’s troubles are blamed [...]
Reaching closure
Blessed with the bulk of the world’s oil reserves and after more than four years of consistently buoyant prices, GCC economies have grown at sometimes staggering rates lately – hitting double figures in nominal terms. And their relatively young stock markets, in spite of the major correction in 2006, have also mushroomed in value. [...]
| After the fall
The problems that have beset the Saudi stock market can be boiled down to one word: greed. That’s the opinion of Dr. Mohamed A. Ramady, a visiting Associate Professor of the Faculty of Finance and Economics at King Fahd University of Petroleum and Minerals in Dhahran.
Ramady is in a position to know: he was a [...]
Loading... 
Loading ...
Recent Comments