| 15.03.2010 - Gulf banking markets 'worst hit by global crisis' |
| From Gulf-daily-news.com: Last year was seen to be the most difficult periods in recent years in the Gulf financial markets starting with the default of Saad and Gosaibi groups and ending with Dubai's crisis, according to a report by Global Investment House. The GCC banking sector reported drops in net profits by 8.56 per cent last year reaching $14.40 billion against $15.75bn in 2008............................................Full Article: Source |