24.08.2009 - GCC countries advised to weather the financial storm and prepare for the future
From Ameinfo.com: Sovereign wealth funds (SWFs) and government-owned investment companies (GOICs) may step in to finance infrastructure projects as other pressing requirements compete with it for funding. 'It's important that SWFs and GOICs take a profit-driven approach when they participate in infrastructure development. They would also benefit from a broad effort to rationalize the current large number of funds and companies,' explained Fayad............Full Article: Source
Print