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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    4 rich Arabs lose their seats in the list of wealthy Middle East

    Rocky
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    • Post n°1

    4 rich Arabs lose their seats in the list of wealthy Middle East Empty 4 rich Arabs lose their seats in the list of wealthy Middle East

    Post by Rocky Tue 09 Apr 2019, 2:35 am

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    4 rich Arabs lose their seats in the list of wealthy Middle East 5cabbf41d43750a2588b45b7

     Twilight News    

     one hour ago



    Four Arab billionaires have lost their seats on the list of the wealthy of the Middle East in 2019 after their wealth has eroded under the $ 1 billion mark, Forbes magazine reported.

    The magazine said the four wealthy are Saad Hariri, Bassam al-Ghanim, Fawzi al-Kharafi and Muhannad al-Kharafi.

    Although the list included some 2,153 billionaires, it was clear that 2019 was a difficult year for even the richest people on earth because of the difficult economic climate in general and the weakness of global financial markets, which led to the decline in the number of billionaires and the shrinking of their total wealth.

    She pointed out that it was not very different for the wealthy of the Middle East, who were also affected by the situation of the world economy, to reduce their total wealth by about 5% and reach 191.3 billion dollars, compared with 201.4 billion dollars in 2018, noting that only 7 billionaires were able to add To their wealth.

    While Amazon's founder Jeff Beazos was named the richest person on earth for the second year in a row with a record net worth of $ 131 billion, Mexican billionaire Carlos Selim, the Lebanese asset holder, ranked first in the Middle East, To $ 64 billion, compared with $ 67.1 billion in 2018, which controls America Movil, the largest mobile phone operator in Latin America.

    The richest man in Brazil and the richest banker in the world, Joseph Safra, who comes from a Syrian banking family, is the second biggest winner among the rich in the Middle East last year, adding $ 1.7 billion to $ 25.2 billion.

    The list of billionaires in the Middle East this year includes billionaire Ghassan Abboud, who heads the board of Ghassan Abboud's $ 1.75 billion group. The group has investments in diverse sectors including automotive, hospitality, retail, real estate and media.
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    With Forbes not listed for the second time in a row, Egyptian billionaire Nasif Sawiris kept the list of the wealthiest in the Arab world at $ 6.4 billion, up from $ 6.6 billion last year.

    In the Middle East, and specifically in the UAE, 8 billion Indian billionaires with a total wealth of $ 22.9 billion, compared with $ 24.3 billion in 2018, are represented by retail giant Yousuf Ali with a wealth of $ 4.7 billion, compared to $ 5 billion Last year.

    Wealthy Middle Easterners have accumulated their wealth by investing in a wide range of sectors, led by diversified investments, followed by telecommunications and banks.




    http://www.shafaaq.com/ar/Ar_NewsReader/f5479fd5-02f5-4754-908a-abfede86465c

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