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	<title>Stock Market News &#38; Stocks to Watch from StraightStocks &#187; non-oil sectors;</title>
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		<title>Samba Bank bleak on Saudi market for rest of 2009</title>
		<link>http://www.straightstocks.com/market-commentary/samba-bank-bleak-on-saudi-market-for-rest-of-2009/</link>
		<comments>http://www.straightstocks.com/market-commentary/samba-bank-bleak-on-saudi-market-for-rest-of-2009/#comments</comments>
		<pubDate>Tue, 30 Jun 2009 15:01:51 +0000</pubDate>
		<dc:creator>Jason G. Wulterkens</dc:creator>
				<category><![CDATA[Frontier Markets]]></category>
		<category><![CDATA[Market Commentary]]></category>
		<category><![CDATA[Saudi Arabia]]></category>
		<category><![CDATA[jason g wulterkens]]></category>
		<category><![CDATA[Jeddah]]></category>
		<category><![CDATA[king]]></category>
		<category><![CDATA[Natural Gas]]></category>
		<category><![CDATA[non-oil sectors;]]></category>
		<category><![CDATA[Oil]]></category>
		<category><![CDATA[Oil Prices]]></category>
		<category><![CDATA[Real Estate Market]]></category>
		<category><![CDATA[Red Sea;]]></category>
		<category><![CDATA[Riyadh]]></category>
		<category><![CDATA[Samba Bank]]></category>
		<category><![CDATA[The Macro Trader]]></category>
		<category><![CDATA[USD]]></category>

		<guid isPermaLink="false">http://frontiermarkets.wordpress.com/?p=808</guid>
		<description><![CDATA[Saudi Arabia&#8217;s Tadawul All-Share Index (TASI) has posted impressive returns YTD (up over 16%), but last week&#8217;s correction, coupled with a recent report issued by Riyadh-based Samba Bank&#8211;which warned that the recovery of oil prices to above $60/barrel and a forecasted 24% increase in government spending will not be adequate to offset a sharp slowdown [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=frontiermarkets.wordpress.com&#38;blog=3702668&#38;post=808&#38;subd=frontiermarkets&#38;ref=&#38;feed=1" />]]></description>
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		<title>Reuters poll predicts GCC GDP growth</title>
		<link>http://www.straightstocks.com/frontier-markets/reuters-poll-predicts-gcc-gdp-growth/</link>
		<comments>http://www.straightstocks.com/frontier-markets/reuters-poll-predicts-gcc-gdp-growth/#comments</comments>
		<pubDate>Tue, 23 Dec 2008 06:46:00 +0000</pubDate>
		<dc:creator>Daniel Broby</dc:creator>
				<category><![CDATA[Frontier Markets]]></category>
		<category><![CDATA[Bahrain]]></category>
		<category><![CDATA[Giyas Gokkent;]]></category>
		<category><![CDATA[Kuwait]]></category>
		<category><![CDATA[liquefied natural gas]]></category>
		<category><![CDATA[National Bank of Abu Dhabi;]]></category>
		<category><![CDATA[non-oil sectors;]]></category>
		<category><![CDATA[Oil Price]]></category>
		<category><![CDATA[Oil Prices]]></category>
		<category><![CDATA[Qatar]]></category>
		<category><![CDATA[Saudi Arabia]]></category>
		<category><![CDATA[UAE]]></category>
		<category><![CDATA[United Arab Emirates]]></category>
		<category><![CDATA[USD]]></category>

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		<description><![CDATA[A new poll of 11 economists shows that economists expect real economic growth in Saudi Arabia, the United Arab Emirates and Kuwait to slow - but remain positive!br /br /The good news is that the sconomies are still expected to expand.  What is clear, however, is that the Gulf is sensitive to the oil price.  Obviously, a fall in oil prices from $147 a barrel to $34 a barrel has an impact.  br /br /The forecasts are for real growth of 2.4 percent in Saudi Arabia, 2.7 percent in the UAE and 3.5% in Bahrain.  Qatar, the world's top exporter of liquefied natural gas, is expected to see the fastest GDP growth next year at 9.5 percent!br /br /We will monitor the extent of the slowdown in the non-oil sectors. across the Gulf will be a key element to monitor," said Giyas Gokkent, chief economist at National Bank of Abu Dhabi.]]></description>
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