As many as 20 killed in Saudi Arabia after drinking cologne

I’m sorry, but I find this hilarious!

As many as 20 killed in Saudi Arabia after drinking cologne

I’m sorry, but I find this hilarious!

 

Every roller coaster ride must come to an end

Now that markets have reminded us that they can move in both directions (believe it or not?????) where is the next move? My friend Naji and I argue often about the fair value of the Saudi Market, although both of us know the danger of valuing a whole market, we’re talking about ballpark figures, not exact numbers. While I think that the Saudi Index is worth 5,000-6,000 he is more optimistic and believes it is worth somewhere around 7,000, maybe 8,000. The question now becomes, how will the index get there? I’ve studied historical bubbles in financial markets and if there is one thing that I’ve learned it’s that you cannot predict how high they will get and for how long. In his recent report, “The Winter Discontent”, Mr. Tarek Fadlallah of Nomura reminds us of a quote by John Maynard Keynes, “The market can stay irrational longer than you can stay solvent.” Therefore, I’m not going to bet on when they will go back to rationality (although usually markets overshoot in both directions), but trust me that they will, eventually. Will it be straight down? Unlikely, but possible. The most likely scenario is for the markets to zig-zag down with a few bear market rallies (fake rallies embedded within major declines). Every roller coaster ride must come to an end, it can go up and you can have lots of fun, but in the end, it always comes back to the ground.

A Muslim Leader in Brooklyn, Reconciling 2 Worlds

Here’s a very interesting article that is part of a very interesting series in the New York Times.

A Muslim Leader in Brooklyn, Reconciling 2 Worlds

Saudi Women: Breaking the Chains

“Frontpage Interview's guest today is Moudhy Al-Rashid, a Saudi woman with aspirations to pursue a career in human rights. Ms. Al-Rashid is a senior at the College at Columbia University. While she plans to graduate in May with a Bachelor's Degree in Philosophy, she hopes to pursue a Master's Degree in human rights and Islamic studies. Having grown up in Saudi Arabia, she feels especially passionate about the women's movement in her homeland.”

http://www.frontpagemag.com/Articles/ReadArticle.asp?ID=21324

Al-Youm Article

Here’s the link to an article I wrote in Al-Youm Newspaper (the local paper in the Eastern Province of Saudi Arabia)

 

http://www.alyaum.com/issue/article.php?IN=11950&I=364077&G=2

Saudi Arabia: Ministry of Health Official Angry at Saudi Aids Rate Revelation

“Dr. Aisha Metwalli, a female consultant at King Abdulaziz hospital in Jeddah told a women’s cultural conference earlier in the week that, according to the latest medical statistics, the number of people with AIDS has reached 72380 in Saudi Arabia.”

http://aawsat.com/english/news.asp?section=1&id=3887

OtacuschézTM

I would like to introduce you to Otacuschéz^TM, the new store we’re developing at Yareem Arabia. Check it out at http://www.schez.com/ … Enjoy!