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Arab bourses set for upswing
- Saudi Arabia: Monday, August 28 - 2006 at 16:24
Stock market analysts feel that the Arab exchanges are about to enter a period of strength and stability, buoyed by the truce in Lebanon and the large scale regeneration that will be needed there, reported the Oman Daily Observer. Wajdi Makhamreh, the Deputy CEO at the Osoul Brokerage firm, said that reduced political tension and reduced share prices will mean that investors will soon begin buying stocks.
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Jonathan Sheikh-Miller, Deputy EditorMonday, August 28 - 2006 at 16:24 UAE local time (GMT+4)
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