- The news you choose »
- LOGIN TO ADD TO WATCHLIST
However, the 18 per cent surge in rents on two-bedroom apartments in the first quarter reported by Asteco on the back of lower than expected new property completions is a reason to think again.
Asteco said …Read full article » United Arab Emirates: Thursday, August 09 - 2007 @ 14:07
With the exception of geopolitics, this would represent a pattern of more of the same for the GCC, which has experienced a gradual surge in oil prices and revenues, peaking last year.
For 2006, the …Read full article » Middle East: Thursday, July 19 - 2007 @ 17:13
If you are a cautious banker you need to weigh up both optimistic and negative scenarios and make sure that you survive under all circumstances.
It is not hard to envisage such a negative outlook. After …Read full article » Middle East: Sunday, July 15 - 2007 @ 14:44
Even more worrying perhaps is that local capacity constraints are now a main driving force behind GCC inflation levels and not just inflation imported by buying European goods with a weak US dollar.
Only last week …Read full article » United Arab Emirates: Sunday, June 24 - 2007 @ 11:10
If commentators have become a little war weary like the general public that should not distract investors from the obvious and glaring conclusion that further geopolitical upsets are almost inevitably just around the corner.
This week …Read full article » Saudi Arabia: Tuesday, June 19 - 2007 @ 09:11
Just to recap on what the legendary multi-billionaire investor had to say: ‘I believe the global economy has been sustained by a housing boom that took on the characteristics of a bubble’ and he cautioned: …Read full article » : Saturday, June 02 - 2007 @ 08:40
Perhaps it is appropriate to return to the learned text of Dr. Marc Faber’s 2000 classic investment book ‘Tomorrow’s Gold’. Here he sets out the six phases of an emerging market business cycle in some …Read full article » United Arab Emirates: Saturday, May 26 - 2007 @ 09:20
According to Gulf News internal memos at certain banks are restricting the conversion of more than one million UAE dirhams into US dollars and future commitments. They fear large losses on US currency exposure if …Read full article » United Arab Emirates: Tuesday, May 22 - 2007 @ 07:56
Over the past five years Bahrain has enjoyed something of a renaissance with the oil boom, economic liberalization and a lessening of internal political tensions. But the Kingdom is now facing a series of challenges …Read full article » Bahrain: Monday, May 14 - 2007 @ 15:50
His Highness instead advocated a more cautious approach, noting: ‘It is very easy to impose Emiratisation. We can do this any time, but what would we gain if we did not provide our youth with …Read full article » United Arab Emirates: Sunday, May 06 - 2007 @ 08:48