UAE stocks to rally on $23.5bn Dubai debt deal
UAE stock markets are set to rally after the announcement that 99 per cent of creditors have approved a $23.5 billion debt rescheduling deal for Dubai World against a background of improving global equity markets.…
Read more »
Is there an easy way out for the financial markets?
The September bounce in stock markets after the worst August in a decade is naturally encouraging some more optimistic thinking. The March 2009 low is a long time ago and the long rally since then…
Read more »
Why this is definitely not the time to buy a second home
The allure of owning a holiday or second home is pretty irresistible for some expatriates, and the lower mortgage rates on offer can make this option seem pretty tempting right now. But this is a…
Read more »
Hotel Review: Ibn Battuta Gate, Dubai, top business choice
The Ibn Battuta Gate hotel opens on October 1st and ArabianMoney got a sneak preview of this fabulous new business property. It is run by Movenpick. But the very impressive Arabian interior design is light…
Read more »
Jim Sinclair on why gold is going to $1,650 by early January
Now that expectations for Gold at very significant prices are being offered by various rational sources, there is one thing you can be sure of. That one thing is $1650.
I am getting many emails…
Read more »
$50bn US micro-stimulus, $2tn for banks, $3tn for wars
President Obama’s $50 billion infrastructure spending plan spread over six years is not worthy of the name of stimulus for a $14 trillion economy. His administration has been far closer to the mark in coming…
Read more »
Majid Al Futtaim launches UAE Internet shopping revolution
The biggest name in Middle East retailing, Majid al Futtaim, hit a knock-out blow in regional online shopping with the launch of the Carrefour online store in the UAE this week. Within the next year…
Read more »
Time for an autumn rethink on the investment outlook
In August the number of ArabianMoney.Net readers surged by 76 per cent over the previous month, and we recieved a record number of new subscriptions to our newsletter.
The next issue is published on Friday…
Read more »
Dead cat bounce for stocks after worst August for a decade
Global stock markets bounced back after a dismal three last weeks in August that left the month the worst August for equities in a decade. But this was no more than a dead cat bounce,…
Read more »
Flying Business Class from Amsterdam to Dubai with Emirates
The new Emirates daily flight from Amsterdam to Dubai is already worrying the Dutch national carrier KLM. For the Dubai airline has pulled out all the stops to provide a state-of-the-art service on this route…
Read more »
