The Director General of the Bkheit Investment Center, Bahseer Bkheit, recently estimated the value of the Arabian Gulf stock exchanges at $146 billion, reported Al-Hayat . The Saudi Stock Exchange controls 50 percent of these funds, the United Arab Emirates (UAE) controls 20 percent, while the rest is divided between Kuwait, Qatar, Bahrain and Oman. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
