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Monday  08 September 2008
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Is the Middle East over-banked?



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TOP STORY
Updated: Monday, September 08 2008
The fund beat the benchmark by 11.5 per cent. Post-Ramadan rebound very likely, says Al Mal
By: Mike Gallagher
Wealth Management

Falls by 1.8 per cent in August after 1.7 per cent climb in July, made worse by active foreign selling of hedge funds, rebound of the dollar and “apparent death” of dirham/dollar revaluation trade.

Read more_
OTHER TOP STORIES

» Aldar and Textura in online payment system JV
» Investors run from MENA stocks
» New study reveals impact of the credit crunch on investor behaviour
» GFS investments shut down by DFSA
» Comium Data moves into Africa with nine full service Wimax licenses
» David Sanders moves over to ADIC Asset Management
» New REIT index to expand into emerging markets
» Special liquidity scheme: latest thoughts
» Foreign investors keep pulling out the DFM
» Salama teams up with BNP Paribas Investment Partners


FEATURES & ANALYSIS
Hikma Pharmaceuticals: Looking for better visibility
In the latest company focus, Peter Verdult and Sam Twidale from Citi take a look at the state of affairs at UK-headquartered Hikma Pharmaceuticals, which manufactures branded/non-branded generic and in-licensed pharmaceutical products and give their verdict on what it has to offer
Falling commodity prices ease inflation concerns
Evidence suggests that US slowdown now spreading to Europe and Japan. The recent fall in commodity prices should lead to lower inflation in 2009. Expect the global economy to stage a ‘modest’ recovery in 2009, says Keith Wade
Saudi Arabian banks: Welcome to the Kingdom
Saudi Arabia has a robust, well-regulated, highly supportive and relatively stable banking system, but some operating and regulatory environment challenges remain according to Constantinos Kypreos, Christos Theofilou and Mardig Haladjian
Features & Analysis archive
OTHER TOP STORIES
Investment Banking

»Special liquidity scheme: latest thoughts
»Mortgage-related CDO rating actions update
Wealth Management

»Post-Ramadan rebound very likely, says Al Mal
»New study reveals impact of the credit crunch on investor behaviour
Alternative Investments

» Comium Data moves into Africa with nine full service Wimax licenses
»David Sanders moves over to ADIC Asset Management
Retail Banking

»NEWS ANALYSIS: Is the Middle East overbanked?
»al khaliji starts using eco-friendly, secure atms
Islamic Finance

»Salama teams up with BNP Paribas Investment Partners
»DIB, JDC and DIC acquire controlling stake in Industrial Development Bank of Jordan
Markets/ Commodities/ Forex

»Investors run from MENA stocks
»GFS investments shut down by DFSA
Commercial Banking

»Negative tilt in outlook for EMEA structured finance asset performance
»Al khaliji and Standard Chartered Bank book runners of $285 million loan facility
Insurance

»Bupa Arabia gets medical insurance licence
»Oman insurance market remains strong after 2007 losses
Technology

»Aldar and Textura in online payment system JV
»NCR achieves Gold certification from Cisco
Results

»Albaraka Banking Group net operating income up by 81 per cent
»Kingdom Hotel Investments revenues up by 53 per cent


Blog of the week

Storm warning?
Gathering economic clouds have prompted an ever-greater need for effective portfolio management, says Julian Dobbins

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Alpen Capital
Sarasin Alpen
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