23.02.2009 - Arab cushion for ailing economy
From Business7.co.uk: Arab governments have been able to build up significant budget surpluses, some of which they reinvest into Sovereign Wealth Funds (SWFs) which in turn make investments in a wide variety of assets, both at home and abroad. With oil reserves set to run out in these nations, known as Gulf Cooperative Countries (GCC) this century, the governments are now taking overseas investments more seriously..... Full Article: Source
Print