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Thursday, December 3 - 2009

Middle East Business News Releases »

DGCX volume hits monthly high in November

United Arab Emirates: 7 minutes ago
Total volume on Dubai Gold & Commodity Exchange (DGCX) rose to a monthly high in November of 190,554 contracts, increasing 345% on last year - reflecting the growing interest in trading commodity and currency derivatives on a regulated Exchange.

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Dubai Debt Crisis »

Dubai Financial Market

Reactions on the floor of the Dubai Financial Market

On the day following the largest fall on the Dubai Financial Market for over a year, Phil Blizzard talks to investors on the floor about the impact of the Dubai World announcement - which resulted in 7.3% drop in share value at the end of the first day of trading. Opinions were mixed and the general consensus was the need for more information and announcements from the Dubai Government.

Business and Finance »

Dubai Financial Market

Reactions on the floor of the Dubai Financial Market

On the day following the largest fall on the Dubai Financial Market for over a year, Phil Blizzard talks to investors on the floor about the impact of the Dubai World announcement - which resulted in 7.3% drop in share value at the end of the first day of trading. Opinions were mixed and the general consensus was the need for more information and announcements from the Dubai Government.

Executive Views »

An investor ponders at the Dubai Financial Market

An Emarati perspective on the current Dubai Financial market

Trading is subdued on the floor of the Dubai Financial Market following the Dubai World repayment announcement and in this report Phil Blizzard gets a UAE perspective on the current market from investor Saeed Hassan al Helli.

Middle East News »

Regional exchanges have remained closed for Eid

Dubai World announcement serves as wake-up call to world markets

Now that the global outcry about Dubai World's bid to restructure its debt has calmed down, the time is ripe for a more sober analysis of financial markets and the wider global economy.

Dubai Property »

A number of new units are still expected to come online over the coming 18 months

Lack of data hampers Dubai property market forecasts

A recent report by financial services firm UBS has predicted that property prices in Dubai could drop a further 30% over the coming 18 months as the sector absorbs new supply coming online coupled with damaged investor confidence in the market due to the cancellations or postponements of a number of projects and a decrease in population in the emirate.

Business and Finance »

Dubai Financial Market

Reactions on the floor of the Dubai Financial Market

On the day following the largest fall on the Dubai Financial Market for over a year, Phil Blizzard talks to investors on the floor about the impact of the Dubai World announcement - which resulted in 7.3% drop in share value at the end of the first day of trading. Opinions were mixed and the general consensus was the need for more information and announcements from the Dubai Government.

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Last updated: Thursday, December 03 - 2009 at 09:15 UAE local time (GMT+4)