Silver usually outperforms gold in financial crises despite 2008 exception
Silver usually outperforms gold by a very significant margin in global financial crises, according to a historical analysis by ArabianMoney contributor Rolf Nef, manager of the Swiss-based Tell Gold & Silver Fund.
A notable exception…
Read more »
With $12bn Zain bid abandoned Etisalat should focus on competing with du
Etisalat has decided to drop its proposed $12 billion bid for Kuwait’s Zain mobile telecommunications company due to regional unrest and problems with due diligence. The UAE’s telecom giant says it will look elsewhere in…
Read more »
More volatility is certain as global financial markets go down
The one thing you can be certain about uncertainty is that it will produce greater volatility in global financial markets. The adviser to the Abu Dhabi Royal family who made a call on volatility two…
Read more »
Abu Dhabi raises $4.4bn in bond sale to buy Spanish refinery despite regional unrest
The timing of Abu Dhabi’s first euro and sterling denominated bond issue last week might have been judged unfortunate given the unrest across the region and the declaration of a state of emergency in Bahrain.…
Read more »
Dubai goes arty while the region has worst unrest in a generation
Read the websites or watch the television channels of some state-owned media in Dubai this week and you would not know that Bahrain was now under martial law or that UK expats have just been…
Read more »
Time to short global stocks as nuclear meltdown looms in Japan
Unless there is a miracle in the next 48 hours the worst case scenario of a major nuclear incident is facing Japan, and one of the world’s biggest cities Tokyo is about to learn to…
Read more »
Banks abandon Bahrain for Dubai as six dead in violence, UK expats told to leave
The imposition of martial law amid massive street protests in Bahrain this week has led to many international banks either shutting up shop or sending key staff to nearby Dubai. Yesterday three protestors and three…
Read more »
Not the right time to buy cheap equities and real estate in Arabia
For those of a contrarian nature the imposition of martial law in Bahrain and the recent high oil price, combined with much lower equity and real estate valuations might look an attractive investment proposition. Saudi investor…
Read more »
Japanese aftershocks to rock the world economy
Just as observers initially underestimated the impact of the 9.0 earthquake that struck Japan last week, they are probably also now underestimating the aftershocks of this event for the global economy, and wrongly see this…
Read more »
Three month state of emergency declared in Bahrain
With Manama a virtual ghost town and the city divided up by warring gangs of youths, Bahrain today bowed to the inevitable and declared a state of emergency to last three months. Hundreds are reported…
Read more »
