The US stock market almost wiped out his retirement account, but retired pilot Ronald Scarpa hasn't lost his taste for risk. Lately he has turned to one of the chanciest investments in the world - the Iraqi dinar.
Bahrain's Economic Development Board (EDB) has started a five-day intensive road show in the US with the participation of the private sector represented by the Bahrain Chamber of Commerce and Industry.
The objective of the road show, which
Orascom Construction Industries (OCI), Egypt's biggest listed firm, said it has launched an American Depository Receipt (ADR) programme to meet growing demand in the United States.
OCI, which is already listed in Cairo and London, launched
US stocks typically rebound six months before the economy, but investors worry that the current 25 percent rally since the market's March 9 low could be a red herring.
At the same time, lack of investor conviction - or simple fear - ca