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Farmland is the new gold

Country risk 2008:

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Bi-annual Country risk survey monitoring political and economic stability of 185 countries

Monday, May 12, 2008

Egypt’s Talaat Moustafa to build residential complex in Saudi Arabia.





Egypt’s Talaat Moustafa to build residential complex in Saudi Arabia. Egypt’s real estate developer Talaat Moustafa bought 3.8mn square meters of land to build a residential housing complex in Saudi Arabia , the company said in a statement without giving further details. The deal raised Talaat Moustafa’s land portfolio in Saudi Arabia to 7.8mn square meters. The company’s first housing development project in Riyadh will include 5,000 residences for an anticipated 22,500 people. Last week, the company formed a joint venture with US Hill International for construction projects in the Middle East .







The environment where anyone can leave a big firm and say I wanna start a hedge fund’ and have people throw money at them is clearly over

Grant Kvalheim, former president of Barclays Capital, is one of many senior bankers mulling life after the credit crunch

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