Amman- Arab stock markets fluctuated violently this week, reflecting turmoil on the world markets and lack of confidence that measures taken by the world's largest economies could succeed in handling the global financial crisis, financial analysts said Friday.
"We believe that the psychological impact of developments on world markets will continue to be felt in the Middle East bourses for some time to come," Wajdi Makhamreh, Chief Operating Officer at the Amman- based Sanabel International Holding told Deutsche Presse-Agentur dpa.
"Fears of retreating results of listed firms in the third and fourth quarters due to recession fears are also expected to have negative impact on investors," he said.
NeoBiocon and Abraxis BioScience have launched Arbaxan (paclitaxel protein-bound particles for injectable suspension) (albumin-bound) in the UAE market for the treatment of breast cancer.
that will bear his signature style and will come up at Dana Island off the Ras Al Khaimah in the United Arab Emirates (UAE). The property to be named as Shah Rukh Khan Boulevard, will cost around 8-billion dirham ($2.2-billion).
Swan Telecom, the Mumbai-based Dynamix Balwas Group company for $900 million. It would ease the entry of the foreign telecom firm in the Indian telecom sector. Etisalat had already paid the required telecom license fee. Swan had also paid fees to operate in 13 telecom circles of India. However, total amount of $400 million as license fee, is required to cover total 22 telecom sectors of India.
