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  • Click to view khalidnatto's profile
    Posted March 31, 2010 by
    Location
    JEDDAH, Saudi Arabia
    Assignment
    Assignment
    This iReport is part of an assignment:
    Economy Tracker: Your stories

    More from khalidnatto

    The London Stock Exchange is the Beacon of Capitalism

     

    London Stock Exchange is the Beacon of Capitalism [HQ]

    Dear Gentlemen,

    Its an issue of the psyche of the market. From a psychological point of view the companies, the banks , and SAMA need a victory in the capital markets. We put this video together to promote that perspective. The recent win at BSF should be the rallying call that should support the growth prospects in the local markets.

    The fact is that most companies are being starved of liquidity in one of the best markets with the highest growth potentials. The conservative stance of SAMA with regards to NPL reserves has driven the banks into positions of job cuts and conservative financing. The economy has witnessed rising unemployment & delays in project financing. On the other hand, the leadership of the region has been focussed on infrastructure issues like electricity and water. This renewed focus on the building blocks is both inspiring and visionary.

    While we wait on the Govt. financing to be paid out, lets take a closer look at the London Stock Exchange and the recent under writings of Calyon for BSF debt.

    http://www.kinconsortium.com/lse.html  The London Stock Exchange is the Beacon of Capitalism

    Best Regards,



    Khalid I Natto
    Chairman & CEO
    The KIN Consortium
    Email: khalid@kinconsortium.com
    Mobile Phone: 009665 686 100 43
    Website: http://www.kinconsortium.com/
    Social networking: http://twitter.com/kinconsortium


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