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Home : DIFC Week

The finance sector has never been more in the news, as the global credit crisis sweeps around the world. DIFC Week in Dubai gathers together industry leaders to discuss the future of the sector, how this region can minimise the impact of the financial downturn, how traditional and family-run businesses can help growth and the role of women in the Middle East finance industry.

DIFC Week News »

Abu Dhabi's 'AA/A-1+' sovereign ratings affirmed

United Arab Emirates: 20 hours, 35 minutes ago
Standard & Poor's Ratings Services has announced the affirmation of its 'AA' long-term and 'A-1+' short-term sovereign credit ratings on the emirate of Abu Dhabi, with 'Stable' outlook. 'The ratings on the emirate of Abu Dhabi are supported by the government's very strong asset position, which provides significant financial flexibility, and which has allowed Abu Dhabi to face the global economic downturn with a high degree of resilience,' the rating agency said.

Video Features »

Sameer Meralli, MD, Investments, Dubai Commodities Asset Management. talks to Phil Blizzard
Sameer Meralli, MD, Investments, Dubai Commodities Asset Management
Leo Fewtrell, GM, DTTAG talks to AME INfo's Phil Blizzard
Robin Colgan, MD, Jaguar Land Rover - ME & Africa talks to AME info

Audio Features »

Phil Blizzard alongside a Lear jet with Kader Mattar, Regional VP - Sales, Bombardier
Boeing 787 Dreamliner
James Hogan, CEO, Etihad Airways talks to Phil Blizzard
Flydubai Boeing 737
Ghaith al Ghaith, CEO, Flydubai

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Weakening US dollar driving commodities higher

Middle East: Thursday, November 19 - 2009 at 16:21
This year, monetary authorities around the world including the Bank of England, European Central Bank and the Federal Reserve in the United States are running money printing machines at full speed. Cheap money is flooding the markets (again, as in the period after 2001) searching for yield in different asset classes. It was not only stock markets that recovered from the crashes in 2008, but commodities also showed a nice rally from the bottom in March.
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