Not the Davos economic forum live from Dubai!
Not invited to the World Economic Forum in Davos, Switzerland last week ArabianMoney editor and publisher Peter Cooper joined Sandra Mergulhão from MyDubaiMyCity.com to discuss some of the main issues from an Arabian point of…
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Will Dubai property bounce back in 2012 as London developer Nick Candy predicts?
Despite losing money in London for the past two years in a very tough property market one of the famous Candy brothers predicts that Dubai real estate will bounce back in 2012.
The market made…
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Soros tells Davos forum eurozone and Iranian crises bad news for the Arab Spring
Billionaire investor and philanthropist George Soros has warned that the eurozone economic crisis poses a ‘big danger’ to the direction of the Arab Spring protests, revolutions and civil wars that started suddenly a year ago…
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Abu Dhabi resumes museum projects after spending review
Last year Abu Dhabi slammed the breaks on public spending and contractors complained that the situation was like the sudden stop in Dubai three years earlier, with $30 billion worth of projects put on hold…
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Eurozone and Iran to top Davos agenda as recession looms
It is that time of year again when all the leaders of the business world assemble in Davos in Switzerland to discuss the future with invited guests from governments and academia.
Nothing is actually decided…
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What does the EU embargo on Iranian oil mean for the UAE?
The European Union has agreed an immediate embargo on new oil contracts with Iran while existing contracts will be allowed to run until July, in order to pressure Iran over its nuclear ambitions.
The EU…
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70% of Middle Eastern executives expect double-dip recession
Middle Eastern executives were the most pessimistic in the world in a new study by Alix Partners in association with the Economist Intelligence Unit.
Seventy per cent expect a double-dip recession compared to 63 per…
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DIFC gets its Canary Wharf style insolvency moment
In the early 90s the developers of London’s Canary Wharf, built to rival The City as a financial zone went bankrupt and the tallest building in the UK was repossessed by their bankers.
What happened…
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Euro and sterling weakness means Gulf expatriates will focus on dollar-pegged assets
Eventually the devaluation of the euro and the pound sterling will throw up some interesting bargains for Gulf expatriates paid in dollar-pegged currencies.
But in the meantime investing in the eurozone or UK is a…
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How will the Arab Spring affect Middle Eastern growth prospects in 2012?
The ongoing impact of the still reverberating Arab Spring protests, civil wars and revolutions on the economic outlook for 2012 was the broad theme of a seminar held in the Dubai International Financial Centre today…
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