How best to invest for success in 2012
The success of the ArabianMoney asset allocation in 2011 in not only protecting subscribers from a very rough year in financial markets but actually gaining from it is proof enough that asset allocation is the…
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Five geo-political nasties to look out for in the Middle East in 2012
This time last year the Arab Spring of protests, revolutions and civil wars was not on the agenda, so it is fairly brave to try to isolate the geo-political nasties that might happen in 2012.…
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Is the Arab Spring at risk of turning into an Arab Winter?
The Arab Spring protests, civil wars and revolutions brought a new hope that a brighter, more democratic and prosperous future lies just around the corner. But the reality of an Arab Winter is now upon…
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Nakheel still $7.6bn in debt after $20bn in write-offs
Dubai property developer Nakheel still owes $7.6 billion after its huge refinancing that included $21 billion in write-offs against profits in 2009, according to the prospectus issued for its Islamic bond for trade creditors.
The…
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Gold, silver jump on Greek default but who is going to be next?
Gold and silver jumped back above $1,600 and $40 an ounce yesterday on news that Greece was to get a second, $225 billion bailout from the European Union and would be the EU’s first-ever sovereign…
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Japan, non-oil Middle East and Portugal back in recession
The double-dip recession has arrived for Japan, the non-oil Middle East and Portugal. And while the March 11th earthquake deepened the latest quarter’s economic decline in Japan, it does not explain the revision of Q4…
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June 1st end for Bahrain state of emergency
Bahrain has announced that the state of emergency imposed in mid-March will be lifted on June 1st. The tiny island has been living under a media blackout for the past few months so it is…
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Deyaar, Damas latest Dubai companies to recapitalize
Deyaar and Damas are the latest in a long line of Dubai quoted companies to agree debt rearrangements with their bankers, putting the trauma of the two-year recession that followed the global financial crisis behind…
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Dubai World finally signs off $14.7bn debt rescheduling but Nakheel deal delayed again
After yet another delay last week for the multiple regional crises, state-owned holding company Dubai World has finally signed an agreement with 80 banks to restructure its $14.7 billion debt. The deal was widely anticipated…
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Bahrain more of a worry to oil markets than Libyan violence
The hastily abandoned crackdown in Bahrain and the renewed mass protests are more of a worry to oil analysts than the horrific violence in Libya, according to a report in The Daily Telegraph today.
The…
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