Could UAE real estate one day be as valuable as in Singapore, Central London or Mumbai?
With the annual property show CityScape Abu Dhabi wrapping up this week the let us say $500 billion question is whether UAE real estate could one day be as valuable as in Singapore, Central London…
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$270m NBAD real estate investment trust and IPO the talk of Cityscape Abu Dhabi
The National Bank of Abu Dhabi’s proposed $270 million real estate investment trust which will target investment in commercial property only and aim to distribute regular dividends has caught the imagination of vistors to this…
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Margin trading to be introduced on Dubai Financial Market, more volatility for more liquidity
The Dubai Financial Market surprised traders yesterday with news that it has approved margin trading by two brokerage houses. But the announcement came on the same day that yet another broker failed due to lack…
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One protestor killed as Bahrain F1 goes ahead and the ruler takes a big gamble
The stakes have never been higher in Formula One racing. This race is normally a battle between the champions of the circuit and their incredible cars. Yet in Bahrain the kingdom is using the race…
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High oil prices are pretty much the only thing investors agree on so why not invest in the Oil States?
The degree of consensus between investors over the future of oil prices is astounding. You can go to the lunatic fringe living on the pampas of Argentina in preparation for a collapse in civiliation to…
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Prince Alwaleed shows no great performance for past 16 years as an investor
Bloomberg may have just belatedly added Saudi investor Prince Alwaleed bin Talal to its index of billionaires but his performance over the past 16 years since he first appeared on the first-ever cover of Gulf…
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Dubai trade to rise more than 20% to $360bn in 2012 due to high oil price despite Iranian embargo and Arab Spring
Dubai Customs are confident that a 22 per cent rise in trade to $299 billion last year will spillover into a similar rate of growth for 2012, reported The National. Officials said that this target…
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IIF forecasts $114 average oil price in 2012 and record $358 billion GCC surplus
Oil revenues for the Gulf Cooperation Council countries will run at record levels again this year with the oil price averaging $114 a barrel, forecasts the Washington based Institute of International Finance, a leading global…
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10% oil price hike in 2012 to fuel up economic growth to 4.8% for oil exporters says IMF
The oil exporting nations of the Middle East will see economic growth accelerate to 4.9 per cent this year, more than twice the 2.2 per cent economic growth in non-oil nations, thanks to a 10…
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Unpaid service fees on Dubai apartments are fuelling a surge in villa prices
Those Dubai apartment owners not paying their service charges on time are damaging the recovery of apartment selling prices by putting off new investors who are choosing to buy villas instead. Saving a few thousand…
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