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Excerpts from an interview between the columnist and Dr Mohamad Akram Laldin, the executive director of the International Shari’ah Research Academy for Islamic Finance (ISRA):
While Jordan has avoided the turmoil of Libya and Egypt, it has always seemed like a country on edge ever since the Arab Spring swept across the region.
From a vertigo-inducing high earlier in the year, the Dubai Financial Market index has come crashing down. At its height this year, the market was up 31% but now stands at 9%.
The Middle East’s natural gas production will be a victim of low prices and lack of focus over the next five years, leading to a slowdown in output, according to the Paris-based International Energy Agency.
Ask any gold investor and he will lament that gold is undervalued. It should actually be anywhere between USD2,000 to USD10,000 per ounce, they say.
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AlifArabia’s aim is to offer a brutally frank but sincere analysis on the Middle East region’s business and political issues. It wants to see a thriving and dynamic Middle East that encourages corporate and government transparency, investments and policies that allow the economies to grow.
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