GulfBase Cap Indices
IndexLevelChg%
Large Cap3,803.47 -0.27
Med Cap4,146.19 0.08
Small Cap5,114.23 0.34
Micro Cap9,099.47 0.39

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Ticker Price Volume
RIBL 23.4 280,754
UCA 35 372,606
AICC 28 1,526,603
SAGRINSURANCE 24.7 605,056
DIB 3.17 49,910,117
BURUJ 43.8 1,408,166
ASHIELD 44.7 1,654,841

Monthly GCC Economic

Source: NCB Capital

A new world order

Summary

The discussion in the wake of April’s G20 summit in London points to a gradual shift in views about the global economic order. Even though the calls for a new global reserve currency are premature, the willingness to consider alternatives to the post-World War II dominance of the US and the US Dollar is growing. New thinking on the structure and resources of the International Monetary Fund constitutes an important aspect of this.

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