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phirang
09-19-08, 08:59 PM
path of least resistance always wins:



Kuwait plans $130bn financial sector expansion

<SCRIPT language=JavaScript type=text/javascript>updateDate = "Friday, 19 September 2008 17:58"</SCRIPT><SCRIPT language=JavaScript type=text/javascript>document.getElementById('crumbs-dir').innerHTML = 'BANKING & FINANCE / NEWS /'</SCRIPT>by <!-- Author Start --><SCRIPT language=JavaScript type=text/javascript> var prefix = '&#109;a' + 'i&#108;' + '&#116;o'; var path = 'hr' + 'ef' + '='; var addy91301 = '&#97;ndr&#101;w.s&#97;mb&#105;dg&#101;' + '&#64;'; addy91301 = addy91301 + '&#105;tp' + '&#46;' + 'c&#111;m?s&#117;bj&#101;ct=Ar&#97;b&#105;&#97;nB&#117;s&#105;n&#101;ss' + '&#46;' + 'c&#111;m: K&#117;w&#97;&#105;t pl&#97;ns $130bn f&#105;n&#97;nc&#105;&#97;l s&#101;ct&#111;r &#101;xp&#97;ns&#105;&#111;n'; var addy_text91301 = 'Ulf Laessing'; document.write( '<a ' + path + '\'' + prefix + ':' + addy91301 + '\'>' ); document.write( addy_text91301 ); document.write( '<\/a>' ); </SCRIPT>Ulf Laessing<SCRIPT language=JavaScript type=text/javascript> document.write( '' ); </SCRIPT> This email address is being protected from spam bots, you need Javascript enabled to view it<SCRIPT language=JavaScript type=text/javascript> document.write( '</' ); document.write( 'span>' ); </SCRIPT> <!-- Author End -->on Friday, 19 September 2008

http://www.arabianbusiness.com/images/magazines/arabianbusiness.com/web/Kuwait-City_thumb.jpg ECONOMIC CHANGE: Kuwait wants to diversify its economy away from oil. (Getty Images)</STRONG>


<!-- Article Start -->Kuwait is preparing a five-year plan worth $130.9 billion which aims to develop the financial sector and lure more foreign investment, state news agency KUNA said.

The OPEC producer wants to diversify its economy away from oil by becoming a regional financial centre and attracting tourists as nearby Dubai and Bahrain have done, according to the state's 2009-2014 policy strategy plan obtained by Reuters in April.

The plan would cost a total of 35 billion dinars to fund projects and train administration staff, Moudhi Al-Humud, the minister of state for housing and development, told KUNA late on Thursday after a cabinet meeting.


...


http://www.arabianbusiness.com/531599-kuwait-plans-130bn-financial-sector-expansion

Wouldn't it be great to get some American bankers cheap to help ramp things up?

another good link, imho:

http://www.marketoracle.co.uk/Article3388.html

jtabeb
09-19-08, 09:23 PM
path of least resistance always wins:



http://www.arabianbusiness.com/531599-kuwait-plans-130bn-financial-sector-expansion

Wouldn't it be great to get some American bankers cheap to help ramp things up?

another good link, imho:

http://www.marketoracle.co.uk/Article3388.html

I say awesome! Maybe they can do to the Mid-East what they have done to the US:D

phirang
09-19-08, 09:25 PM
I say awesome! Maybe they can do to the Mid-East what they have done to the US:D

Lol, nothing exceeds like excess :D