Aldar Properties bailout poses FDI problem for UAE and local bourses
Abu Dhabi is putting the finishing touches on a bailout package for the emirate’s largest developer, Aldar Properties, which would otherwise go bankrupt.
However this is likely to raise the state shareholding in Aldar from…
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Gold versus the US dollar video, sign of a short-term price top?
So if you had money to lock away for 10 years how would you rather hold it in a bank vault: in cash or gold billion? This clever video makes it all seem so simple.…
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Jim Rogers bullish on rice and silver for 2011
This will be a great year for real assets with record prices for many commodities, says legendary investor and traveller Jim Rogers. He thinks silver is a buy after an imminent correction, and rice and…
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Silver book author Mike Maloney says cash is trash in currency turmoil
Author of the ‘Guide to Investing in Gold and Silver’ Mike Maloney thinks investors ought to be making a much bigger portfolio allocation to precious metals as government’s debase their currencies, and that cash is…
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How ridiculous that Bahrain tops GCC rankings for economic freedom
The Heritage Foundations’ 2011 index of economic freedom places Bahrain at No 10, the highest ranked of the GCC countries at 77.7 points. Qatar is next at 27th with a score of 70.5, then Oman…
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How rising oil prices should speed up economic recovery in the GCC
Oil prices are at a two-year high and heading back to $100 a barrel rather sooner than most forecasters penned just a couple of weeks ago. For the Gulf States still reeling from the impact…
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$70bn of debt due in the Gulf this year to force major asset sales
Standard Chartered Bank estimates that the amount of short term debt due for repayment this year in the GCC totals around $70 billion, a considerable amount more than the $20 billion reckoned to be owed…
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Not owning gold is a form of insanity says Robin Griffiths
ArabianMoney can remember meeting Robin Griffiths of Cazenove in Dubai more than five years ago, and he was absolutely right about gold being a good buy then. He is on even safer ground now with…
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Are gold and silver prices set to go parabolic this year?
One of the graphs we shared with subscribers in the last ArabianMoney newsletter (click here to sign-up and we will send you this issue for free) at the end of 2010 impressed them more…
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Lots of room for disappointment on Wall Street as storm approaches
This is the week of reckoning when the fourth quarter financial results are published. Wall Street is taking a deep breath. Mother nature is sending one heck of a snow storm. What have the markets…
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