Jerry
11-21-2004, 04:25 AM
The ISX is still a baby... Take a look at what other Gulf States are doing and the ammounts that they are dealing in. Iraq will most definatly be part of this group in the near future....
Gulf's oil cash pouring into stocks
Friday 19 November 2004, 15:12 Makka Time, 12:12 GMT
The new issues are likely to mobilise some $3.1 billion this year compared to less than a billion in 2003, according to
analysts.
It is estimated that by the end of 2005, some $9 billion will be raised through several initial public offerings (IPOs) in the six Gulf Cooperation Council (GCC) states of Saudi Arabia, Kuwait, Bahrain, Oman, Qatar and the United Arab Emirates (UAE)....
http://english.aljazeera.net/NR/exeres/D0964C8C-423B-45A4-847E-1413EE0DAA1D.htm
Gulf's oil cash pouring into stocks
Friday 19 November 2004, 15:12 Makka Time, 12:12 GMT
The new issues are likely to mobilise some $3.1 billion this year compared to less than a billion in 2003, according to
analysts.
It is estimated that by the end of 2005, some $9 billion will be raised through several initial public offerings (IPOs) in the six Gulf Cooperation Council (GCC) states of Saudi Arabia, Kuwait, Bahrain, Oman, Qatar and the United Arab Emirates (UAE)....
http://english.aljazeera.net/NR/exeres/D0964C8C-423B-45A4-847E-1413EE0DAA1D.htm