25.03.2010 - New beginnings Unprecedented opportunities in MENA region
From Globalarabnetwork.com: Through the creation of sovereign wealth funds (SWFs), the Gulf States, along with their Asian counterparts, are now reaping rewards in strategic investments in US and European property and share holdings, as well as bolstering the liquidity of western banks, just when all these are facing a squeeze on capital. The SWFs response to the 2007/08 sub-prime crisis, where Gulf-based funds have bought further into Citigroup, Merrill Lynch, UBS and other giants, highlights their leading role in the global economy...................................Full Article: Source
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