Friday, 26 November 2010

Largest Business market in the Middle East

Largest Business market in the Middle East
The royal prince, 54, designed his lot of money by committing in brand- name companies he regarded underrated, such as Apple Inc., News Corp. and Time Warner Inc. Forbes journal approximated he was worth $13.3 million in April, position him 22 among the globe's billionaires. This year, Alwaleed’s investment strategies have not kept speed with the Saudi standard. Stocks of Riyadh-based Empire Positioning have dropped 4.3 %. The Tadawul All-Share Catalog, the biggest industry in the Center Eastern by industry value, has obtained 19 %. Empire Holding’s resources are respected at $7.26 million, while the Prince has $3.18 million of property and $1.56 million of press resources such as LBC and Rotana Positioning, Arabian Business said, stating his financial records. Alwaleed’s other major resources, such as an Airbus A380, are respected at $1.7 million. 

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