Things are going to get alot worse before they get better, the consensus across the board is that this going to be a long one, clearing the leverage running through the veins of the global economy is going to be a long drawn out process and the GCC is no different (although I've heard of some pundits claim the GCC will bounce back sooner than the rest of the world but what they fail to realize there is an information black out as far as all the bad news is concerned, trying to keep it under wraps for as long as they can.) I wouldn't be surprised if the GCC and other SWFs (China, Norway) around the world have had 50% or more wiped off their pre-credit crunch NAVs but at the end of the day we just don't know do we S
"Arabtec, the largest construction company in the UAE, was the biggest loser, tumbling 100 per cent to Dh4.23." What?