New Mideast personal finance website founded by BBC presenter
Another niche in the Middle East specialist website sector is filled today with the launch of www.cashy.me, founded by Nima Abu-Wardeh, presenter of the BBC World News weekly financial programme, Middle East Business Report.
This…
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Deflation more of a threat than inflation this summer
The US should shortly announce that prices have fallen for a third month in a row, the only time this has happened since the 1930s. It is hardly a bullish indicator though you could be…
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Lunar eclipse means August crash for stock markets say astrologers
Better luck this year perhaps for astrologers. Last year they also predicted a stock market crash in August. And actually it happened but only in China, albeit an increasingly significant global bourse.
Will they get…
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Fundamentals just nothing to get excited about, crisis even in paradise
Thin trading in mid-summer has produced an odd mini-rally in stocks over the past few days. But there is nothing in the fundamentals about the global economy to support any optimism, and indeed it is…
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First impressions of The Seychelles
This is not The Maldives, a country more familiar to Arabian travellers these days. The Seychelles are also small islands with tourism, and easily accessible on Emirates from Dubai but there the similarities end. This…
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Is the future all in the cards?
Since the global financial crisis banks have been struggling to promote their credit cards. Clients no longer appreciate a cold call offering a new card. But then the bank’s future is still all in these…
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IMF missed 2009 recession why should it be trusted now?
In July 2008 the IMF was still comfortably forecasting 3.8 per cent global growth for both 2008 and 2009. It was only right at the end of 2008 with a recession so obvious that a…
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Good fee outlook for Mideast investment banks
One man’s debt is another’s opportunity. This is certainly the case for investment bankers organizing the refinancing of more than an estimated $100 billion in the region over the next couple of years.
Actually business…
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No reason for Abu Dhabi to take a risk on BP
Two years ago the chairman of Citi arrived cap in hand in Abu Dhabi and walked away with a $7.5 billion investment. The argument then was that this giant had stumbled and would recover. Well,…
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Queen Elizabeth II to visit this autumn to boost UAE-UK trade links
Her Britannic Majesty Queen Elizabeth II is make her first visit to the United Arab Emirates in 31 years this autumn. She is pictured above receiving the Prime Minister of the UAE and Ruler of…
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