 AP Photo As oil prices continue to remain at high levels, the Middle East oil-producers will continue to generate surpluses that must be parked somewhere. With the Western markets and economies under pressure, some of that money has moved Eastwards. TAGGED: Sudan, Luxembourg, Saudi Arabia, Qatar, Nigeria, United Arab Emirates, Turkey, Iran, Indonesia, International Islamic Liquidity Management Corporation, Malaysia, Wall Street, Islamic Finance, IslamRECOMMENDED ARTICLES| The Saudis don't try to impose their will on the neighborhood but instead try to persuade the others to follow. Even last year's GCC intervention in Bahrain was at the invitation of the embattled Bahraini king and enjoyed the... more ›› |
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