Keep INVESTING Simple and Safe (KISS) ****Investment Philosophy, Strategy and various Valuation Methods**** The same forces that bring risk into investing in the stock market also make possible the large gains many investors enjoy. It’s true that the fluctuations in the market make for losses as well as gains but if you have a proven strategy and stick with it over the long term you will be a winner!****Warren Buffett: Rule No. 1 - Never lose money. Rule No. 2 - Never forget Rule No. 1.
Showing posts with label UAE. Show all posts
Showing posts with label UAE. Show all posts
Sunday, 29 November 2009
Dubai: an emirate in crisis
DUBAI facts
Ruled by Sheikh Mohammed bin Rashid Al-Maktoum (above), who has embraced the extravagance of his emirate
16bn Ruler's personal wealth – world's fourth-richest royal
1.7m Population
240,000 Oil production per day
State company is Dubai World, a property-focused investment group with a $59bn debt problem
Government holding companies bought large stakes in HSBC, Deutsche Bank and US retailer Barneys
Key London assets include the Adelphi, on the Strand, and the Grand Buildings in Trafalgar Square
The ruler's slogan is "Leader, equestrian, poet"
ABU DHABI facts
Ruled by Sheikh Khalifa bin Zayed al-Nahy (above), who has taken a reserved and anonymous stance in his
oil-rich state
$21bn Ruler's personal wealth – world's second-richest royal
1.3m Population
2.7m Oil production per day
State company is the Abu Dhabi Investment Authority, the world's largest sovereign wealth fund with assets worth more than $250bn
The company bought 4.9pc of Citigroup for £7.5bn in 2007 and is thought to be the world's second-largest institutional investor behind Bank of Japan
Key London assets include the ExCel exhibition centre in the Royal Docks and No1 Knightsbridge Green, close to Harrods
Its flagship project is the Gulf version of the Peggy Guggenheim Museum, which is set to open in 2011
Subscribe to:
Posts (Atom)