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Stock markets are driven by fear and greed, those animal instincts that make commerce a rough game and investment perilous at times. Only a year ago GCC stock markets were reeling from serious market crashes, …Read full article » United Arab Emirates: Tuesday, March 04 - 2008 @ 00:21
The focal point of Phase One will be the Universal Studios, but it also includes the Ernie Els Golf Course, Global Village, Dubai Outlet City, Plantation World, the Al Sahara Desert Resort and the Formula …Read full article » United Arab Emirates: Monday, February 25 - 2008 @ 12:36
Although monthly figures are not released by the UAE Central Bank, the latest quarterly figures covering the third quarter of 2007 point to a 30% growth in M2 (the domestic money supply).
The National Bank of …Read full article » United Arab Emirates: Sunday, February 24 - 2008 @ 10:31
No reason for the abandonment of the Nanodynamics IPO was given in a statement to the exchange. But this was to have been the first listing of a US company on the DIFX and in …Read full article » United Arab Emirates: Sunday, February 17 - 2008 @ 18:41
If you examine the chart of the Dubai Financial Market then a classic pattern indicating a change of direction has formed: a head and shoulders pattern. The Abu Dhabi Securities Market also shows signs of …Read full article » United Arab Emirates: Sunday, February 10 - 2008 @ 14:12
‘This is one of a chain of IPOs from the US that we have lined up for the DIFX,’ said group chief executive officer of co-lead managers Daman, Shehab Gargash.
‘All the companies have been specially …Read full article » United Arab Emirates: Monday, February 04 - 2008 @ 14:57
It may have a population of only 195,000, but it has ambitious growth plans and is pumping money into various projects. Property is the obvious place and 31 real estate developments are underway or at …Read full article » United Arab Emirates: Thursday, January 31 - 2008 @ 11:29
The International Hospitality Trade and Training Zone (Ihotz), will cover 350 acres of land and be split into two distinct parts.
The larger 260 acres will be used to supply the hotel trade, providing logistical …Read full article » United Arab Emirates: Thursday, January 31 - 2008 @ 11:27
What hastened the consideration of the dollar-peg and revaluation – apart from mounting inflation – was probably the surprise interest rate cut by the US Federal Reserve last week which weakened the dollar again, and …Read full article » United Arab Emirates: Tuesday, January 29 - 2008 @ 14:31
When AME Info suggested in late 2006 that a stock market crash would be good for UAE property prices many developers thought this complete madness.
But that is exactly what happened. Local investors avoided the …Read full article » United Arab Emirates: Tuesday, January 22 - 2008 @ 11:53