$2.5 billion worth of Arab funds abroad
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Senior executives at major Gulf banks estimate the value of the Arab funds abroad at $2.5 billion, reported Al-Watan . Others estimate these funds at $600-$800 billion. A recently published study revealed that many Arab investors throughout the globe are considering bringing their capital back to the Arab World. The study attributed this new trend to the September 11 attacks on the United States and account freezing. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
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