Stocks are a share of the ownership of a company. If the company does well, or even if everyone thinks the company is going to do well, the price of the stock goes up. In addition, many companies give a little dividend payment each year to the stockholders, which provides extra value.
Showing posts with label Gulf slump to hit workers remittances. Show all posts
Showing posts with label Gulf slump to hit workers remittances. Show all posts

Gulf slump to hit workers remittances

The economic slowdown in the Gulf is likely to lead to a fall in remittances sent by expatriate workers to their home countries, Standard & Poors said on Wednesday. The worlds top oil exporters, including Saudi Arabia and the United Arab Emirates, have been battered by the global downturn and a slump in oil prices, spurring project cancellations and staff cuts.

Thursday, April 2, 2009

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