Unifying the UAE stock exchanges a win-win strategy
There are no losers and only winners from a plan to unify the three UAE stock markets with Abu Dhabi simultaneously buying Dubai’s 20 per cent stake in the London Stock Exchange for $1.5 billion.…
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Hotel Review: Le Meridien Al Aqah Beach Resort
You almost feel guilty sunbathing on the beach while Europe in deep in snow. But of course that is why people come for the winter sun to resort hotels like the Le Meridien Al Aqah…
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Bond market crisis will pull stock markets down
The logical conclusion of the growing global bond market crisis seems to be missing many equity investors. This is not going to be good for stock markets either. It is the long awaited second phase…
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Roubini stars at top regional financial forum Hedge Funds World
With the demise of many regional financial and economic conferences in the wake of the global financial crisis, Hedge Funds World Middle East stands out as the annual event still well worth attending.
Star billing…
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Foreigners now able to own real estate in Syria
The quiet economic revolution taking place in the formerly communist bloc style Syrian economy has continued with news that foreigners are now able to own property. A stock market opened in March last year.
The…
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High debt levels threaten another sudden stop for global economy
Across the world bond yields have been rising over the past couple of months. It seems investors are exiting debt instruments and buying commodities, especially precious metals like silver and gold. This is being done…
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How rising bond yields will impact on share prices
The sudden rise in bond yields around the world is the talk of the financial community as we come to the end of the year. Something seems to be shifting in the bond market.
Perhaps…
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Silver price up as JP Morgan cuts short position and backwardisation rules
Silver market experts have long pointed to the massive short position held by several major banks as the prime reason for the metal being underpriced and the only commodity still trading below its all-time high…
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Dubai to be far more competitive in 2011
Like any commercial city in a crisis Dubai is becoming more and more competitive in the drive to exit its long recession. The cost of doing business is coming down. Dubai International Financial Centre this…
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Now US tax cuts backfire as interest rates go up again
The surprise tax deal between President Obama and Congressional Republicans is backfiring as a deal intended to support Wall Street and bond market confidence is having the reverse effect rather like the latest round of…
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