Well said posts Richard.

 

For those of you interested in buying shares, I would suggest Rayan or Khaleej bank. Buying into either bank is for long term as opposed to a get out quick making a bit of cash system.

 

Khaleej's first profit was not much at all but is a bank that will grow. Rayan pays out well (based on my experience) and is worth holding onto for a while. Their share price has got to increase and it will.

 

Industries is another good one. Their profits are huge and you have to consider all the projects under development that will all be complete in staggered format. Look at their paid up capital versus their profits...pretty wild.

Right now the quota for expats is all maxed out for industries. It is true that the share price has flucuated a lot but I believe it will eventually stablize on the high.  Personally, I will hold on to mine for another 6months - 1 year instead of selling for a quick profit. Reason being as noted above, plus hard to buy back the shares as an expat given the lack of selling at the moment.

 

FYI

 

My opinon only...