FEATURED REPORT...
Posted: 25-02-2008
INTERNATIONAL. In its latest monthly Global Focus, Standard Chartered predicts there will be no sharp upturn in the current US recession and it will have a global impact. The rest of world may be better insulated, but not decoupled, and as risk aversion mounts, countries with current account deficits will see their currencies under pressure.The big story that is set to continue to unfold over coming months, and indeed years, is how the balance of global economic and financial power is shifting, from West to East. But three issues currently stand out. First, how severe will be th
Posted: November 18, 2009
INTERNATIONAL. Trend Micro survey reveals 14 % respondents have no confidence in their company's IT security, 57% of the regions business have actually had two or more virus attacks in the past six months alone.
Posted: November 16, 2009
QATAR. Qatar plans to sell bonds denominated in US dollars due in 2015, 2020 and 2040.
Posted: November 12, 2009
QATAR. Standard & Poor's Rating Services said today that it affirmed its 'A+' long-term corporate credit rating on Qatar-based liquefied natural gas shipping company Nakilat. Outlook Stable.
Posted: November 11, 2009
UAE. Over two thirds of all civil project in UAE still active, reveals Proleads report. The study splits the market into four sectors; commercial and retail, education and healthcare, leisure and entertainment and finally the residential sector.
Posted: November 8, 2009
UAE. As the region emerges from the global economic crisis, CEOs perceive diversification as the biggest opportunity to improve competitiveness in the GCC, according to Dr James Zogby, Founder and President of the AAI at Harvard University.
Posted: November 8, 2009
INTERNATIONAL. Female investors in the Gulf hold US$40 billion of the region's wealth, according to Reuters, having traded more than 18 million stocks last year.
Posted: October 29, 2009
INTERNATIONAL. We strongly believe that Dubai, very aware of the negative consequences of a bond restructuring, will by all means give the necessary support to achieve an orderly redemption, says Dexia AM.
Posted: October 28, 2009
Soros said the entire edifice of global financial markets that has been erected on the false premise that markets can be left to their own devices has to be rebuilt from the ground up.
Posted: October 27, 2009
INTERNATIONAL. The UAE is the only Arab nation ranked in the top 50 for the second year running in the third edition of the Legatum Prosperity Index, published today, thanks to strong scores in security, safety and health.
Posted: October 27, 2009
SAUDI ARABIA. Total deposits with Saudi banks has hit US$245 billion at the end of June 2009, according to a report by BMG Financial Group, as a result of their efforts to attract more deposits and address higher demand for Islamic banking services, which provide low cost of funding and high profit margins.
Posted: October 26, 2009
INTERNATIONAL. Marc Faber said the US dollar will become worthless when people eventually realise the fiscal situation in the US is a "disaster".
Posted: October 25, 2009
INTERNATIONAL. Due to the recession, world-wide demand for natural gas will drop for the first time in the history of international gas markets, according to Booz & Company's report, 'An Unprecedented Market - How the recession is changing global gas markets'.
Posted: October 25, 2009
UAE. Landmark Advisory today launched its latest lease guide for Abu Dhabi, which can be used as a reference tool when looking to rent property in the UAE capital.
Posted: October 21, 2009
INTERNATIONAL. The IFC Hilal Sukuk, a US$ 100 million issue with a five-year maturity, will be listed with the Nasdaq Dubai and Bahrain stock exchanges, the Washington-based corporation said.
Posted: October 21, 2009
UAE. The value of retail sales in the UAE is projected to grow by 16.5% in 2010 due to increasing consumer confidence in the market, according to a report by Business Monitor International.
date:Posted: November 19, 2009
INTERNATIONAL. A majority of investors expects the US Federal Reserve to hold off from raising interest rates until the second half of 2010, according to the BofA Merrill Lynch Survey of Fund Managers for November.
date:Posted: November 19, 2009
INTERNATIONAL. Faber said, considering the size of the stimulus packages and the monetary printing, the US economy hasn't responded well. What have responded well are asset markets but unemployment is horrrible and the typical household is suffering.
date:Posted: November 18, 2009
INTERNATIONAL. The global health industry is worth around US$4.2 trillion. As GCC countries continue to develop world class healthcare systems, they must avoid pitfalls of the developed markets, according to AT Kearney.