Professional Documents
Culture Documents
ISSUE I
Dear Reader,
Arab financial markets have been troubled by the unrest sweeping the Arab world.
Among the measures being considered are tackling Egypt's budget deficit and
related moves to bring stability back to markets after the days of protest. Some see
opportunity in the uncertainty. Ray Clancy, the editor at Investment International,
argues here that ‘Now is the time to invest."
If you have any news you would like including in future issues please contact me. I
would also like to here from those wishing to offer commentary on current
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ARAB FINANCIAL FORUM NEWSLETTER FEBRUARY 2011. ISSUE I
IN BRIEF
Bahrain bonds to rise as Egypt
contagion fades, says Al Khalifa
Egypt: economic growth to drop to 3.5 February 12, 2011
%
Abu Dhabi-based Islamic bank Al Hilal on
February 14, 2011
Sunday launched the Al Hilal GCC Equity
Fund, a Sharia-compliant investment fund that
will provide retail investors with access to the
Gulf's equities markets.
Read more
Read more
Egypt said it will take 12 extraordinary Sorouh Real Estate booked a net loss of
measures to stabilize the market when the stock AED199m ($54m) in the fourth quarter after
exchange reopens next week. setting aside money to cover impairments and
provisions.
Read more
Read more
Middle East shares rise after Egypt's
president Mubarak resigns Qatar: Al Khaliji Bank Announces
February 13, 2011 155 % Profit
February 8, 2011
Middle East shares gained, sending Abu
Dhabi’s stock index to the highest in a month, Al Khalij Commercial Bank (al khaliji) Q.S.C.
as Egyptian President Hosni Mubarak’s released its 2010 end-of-year financial results
resignation bolstered investor optimism. on Tuesday, showing an impressive increase in
net profit, which reached QR 427 million, up
Read more 155% from QR 167 million in 2009
Read more
ARAB FINANCIAL FORUM NEWSLETTER FEBRUARY 2011. ISSUE I
http://www.arabfinancialforum.org/