INTERNATIONAL. Rogers said many commodities are still down from record highs. The price of gold will double to at least US$2,000 an ounce in the next decade, he said. Roubini thinks this is 'utter nonsense.'
UAE. The total number of IPOs in Q3 2014 was lower than the previous quarter where we saw seven offerings. However, the total value in Q3 2014 was US$ 1.6 billion, which is a 78% increase in total value compared to Q2 2014.
UAE. Saudi Arabia had the largest rail project pipeline in the region with over US$100bn, including the Riyadh Dammam High-Speed Rail, which is currently under study, along with the Eastern Province Municipality - Dammam Metro.