| 05.03.2010 - Gulf Fund managers see cash drying up |
| From Maktoob.com: The Gulf's asset management industry is gasping for new cash as investors shy away from a region plagued by negative perceptions about debt troubles at top companies, experts say. Dubai World's debt revamp and billions of dollars worth of loan defaults by Saudi conglomerates Saad and Al Gosaibi last year have roiled investors who were already wary about parting with their money...............................................Full Article: Source |