INTERNATIONAL. The return to gold is unmistakably the product of a strategic, not merely a tactical, shift in global central banking policy. Central banks in the developed world have now altogether stopped selling bullion.
UAE. Structural reform will take GCC economies to the next level of their development; Improving macroeconomic fundamentals will lead to higher corporate ratings, according to experts from Crédit Agricole Private Banking.
INTERNATIONAL. Saudi Arabia's fierce campaign against the Muslim Brotherhood, already on the run in its Egyptian birthplace, has divided the Gulf Arab bloc, causing discomfort in some member states where the Islamist group is embedded in daily politics.