Investing & Markets
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Tadawul, Saudi Arabia’s stock exchange, opened up to foreign investors. The Tadawul is not only the largest stock market in the Middle East with a total market capitalization of over US$550 billion but is one of the largest of the emerging market exchanges. Foreign investors interested to trade on the Tadawul must fi rst register…
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Gold prices hit a five year low yesterday. Many gold shares on the other hand hit decade year lows or in the case of one of the largest gold miners in the world, Barrick Gold Corp. of Canada share prices fell to levels not seen since the 1990’s! Yesterday’s sell-off can conveniently be blamed on…
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On thursday The Royal Bank of Scotland (RBS) reported another disappointing earnings and formally took itself off the global stage. “This is a plan for a smaller, more focused, but ultimately more valuable, bank with the vast majority of its assets in the U.K., and for RBS marks the end of the stand-alone global investment…