| From Zawya.com: In a recently published monthly report by Kuwait Financial Centre "Markaz", which aims to analyze the performance of equity funds across the region, it is stated that, GCC markets going through a rollercoaster in 2008, with H1 being positive for the six economies followed by an abysmal second half which saw assets under management (AUM's) of GCC funds contract by a massive 46%.
There continues to be a cloud of uncertainty over the local, and international, financial landscape, with equity markets trading sideways, liquidity being tight and good news being somewhat scattered, although governments have shown proactive measures aimed at bolstering their economies.........Full Article: Source
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