Sovereign wealth
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Sovereign Funds Own Nearly 40% of Total Capitalization of MENA Stock Markets
The oil slide weighing on fiscal balances in the GCC As discussed in Part 1 of this series, the decline in oil prices since mid-2014 through 2015, weighed down fiscal balances of most Gulf Cooperation Council economies, whose major revenue is derived from oil exports. Further, the strengthening US dollar…
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