Reports & Commentaries

FEATURED REPORT...
Posted: 08-08-2011
INTERNATIONAL. Marc Faber the Swiss fund manager and Gloom Boom & Doom editor spoke today about the Standard & Poor's credit rating downgrade of US sovereign debt, and how the downgrade was long overdue as the 'junk bond' was no longer worth of an AAA rating. He views the downgrade as moderately positive for equities because it shows investors there is a risk in holding government bonds and discusses the conditions that will lead to QE3. Speaking in an interview from Chiang Mai, Thailand, with Susan Li on Bloomberg's "Asia Edge" this morning, Faber said a government b
Posted: April 16, 2014
INTERNATIONAL. The WGC pointed out that the Chinese bank savings amount to US$7.5 trillion but only about US$300 billionn is allocated to gold, signifying the potential for gold demand to grow as Chinese wealth climbs.
Posted: April 16, 2014
UAE. "A similar drop to 2013 is unlikely. Those who wanted to get out of gold did, and the rest of 2014 will probably be a year of sideways trading."
Posted: April 16, 2014
UAE. Apartments sector witnessed increase of 29% whilst villa rentals have grown by 15% year on year; Over the next four years roughly 65,000 new residential units penned for completion.
Posted: April 16, 2014
UAE. January 2014 was another positive month for the hospitality industry in the Middle East, with several GCC cities, including Dubai, Doha, and Muscat, witnessing robust increases in their hospitality KPIs.
Posted: April 16, 2014
UAE. Good macro trends and IPO revival support GCC markets; Kuwait may have upside on MSCI rebalancing; No deep corrections due to Central Bank verbal interventions; Pressure builds on ECB to loosen policy.
Posted: April 16, 2014
INTERNATIONAL. 75% of European investors believe Europe will grow by 1% or more in 2014; The geopolitical environment is their biggest concern (33%), followed by the Fed's exit from quantitative easing (30%); 75% plan to commit additional cash to investing.
Posted: April 15, 2014
INTERNATIONAL. The German Federal Constitutional Court is the final interpreter of constitutional law. Accordingly, it has the last word on the legality of any treaties, agreements or actions undertaken by Germany at the European level.
Posted: April 15, 2014
INTERNATIONAL. International issuances represented only 16% of total issuances in 2013, of which few originated outside Malaysia and the GCC; When entities domiciled outside these countries have issued sukuk, around 60% of the investors have been from the Middle East and Asia.
Posted: April 15, 2014
UAE. New Oracle and Accenture Study declares the modern CFP a technology evangelist who recognizes the value of digital and cloud technologies for the finance function and the business as a whole, but a gap remains between CFO ambitions and reality.
Posted: April 14, 2014
UAE. The largest IPO value was Mesaieed Petrochemical Holding Company in Qatar raising US$905 million; Oil and gas sector leads with two IPOs.
Posted: April 14, 2014
UAE. TNS Norms research shows that there is generally a market leader and two challengers present in most business categories in the region, each vying for the largest chunk of market share. Survey shows marketers need to re-visit campaign strategy.
Posted: April 14, 2014
SAUDI ARABIA. In recent years, falling cost of funds had broadly aided Saudi banks to register steady improvement in NIM's (Net Interest Margins). With interest costs at record lows and credit growth set to ease, there is little manoeuvring banks can do to sustain current NIM's.
Posted: April 13, 2014
UAE. Eight MENA countries included in the Social Progress Index ranking 2014:UAE ranks 37th followed by Kuwait 40th, Saudi Arabia 65th, Jordan 75th, Lebanon 83rd, Egypt 84th, Iraq 118th and Yemen 125th; Social Progress Index enables better understanding of worldwide progress and growth.
Posted: April 12, 2014
UAE. "Dubai's attraction as an investment hotspot was never greater," says Hamed Mokhtar, Managing Director at Fortress Investments.
Posted: April 12, 2014
QATAR. Overall, the global growth picture remains mixed, with only the GCC (particularly Qatar) and Sub-Saharan Africa registering strong growth and a positive outlook.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 16, 2014
INTERNATIONAL. The WGC pointed out that the Chinese bank savings amount to US$7.5 trillion but only about US$300 billionn is allocated to gold, signifying the potential for gold demand to grow as Chinese wealth climbs.
date:Posted: April 16, 2014
UAE. "A similar drop to 2013 is unlikely. Those who wanted to get out of gold did, and the rest of 2014 will probably be a year of sideways trading."
date:Posted: April 16, 2014
UAE. Apartments sector witnessed increase of 29% whilst villa rentals have grown by 15% year on year; Over the next four years roughly 65,000 new residential units penned for completion.
INTERNATIONAL. It's now up to the new government to get real shale development in motion, and for Turkey to face up to its own strategic realities and join forces with Ukraine to harness LNG potential.
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