Editorial Column
Return from the long vacation and $70-a-barrel oil
- Many senior Gulf executives are now returning in their offices after the traditional August vacation period. In some ways not much has changed except that the oil price has moved to a new high of $70-a-barrel, which is actually perhaps the most significant thing that could have happened!
- United Arab Emirates: Tuesday, August 30 - 2005 at 10:13 |
Three cheers for the DIFX
- Spare a thought for the staff of the Dubai International Financial Exchange whose summer holidays have been cancelled to prepare for the launch of this the first regional stock market on September 26. Their efforts will not be in vain and mark a historic development in Middle East capital markets.
- United Arab Emirates: Saturday, August 20 - 2005 at 14:19 |
Planning for a busy autumn in the UAE
- This is set to be a very hectic autumn in the UAE with Ramadan occupying most of the month of October and putting even more pressure on the remaining months. So what can be expected by business planners this autumn?
- United Arab Emirates: Saturday, August 13 - 2005 at 09:17 |
Reasons to be optimistic about the GCC real economy
- The correction in Gulf capital markets this summer was the result of over-optimism on the part of local investors. But there is still every reason to be optimistic about the outlook for the real economy in the GCC where record oil revenues promise an economic boom that will last for years.
- United Arab Emirates: Saturday, August 06 - 2005 at 11:22 |
$3.6bn Dubai Waterfront sell-out a sign of the times
- Despite this being the middle of the summer it took Nakheel just five days to sell the Madinat Al Arab, the first phase of the giant Dubai Waterfront project which will later include the 75km Arabian Canal. This is the latest sign of the extraordinary liquidity in the region at a time of $60 plus oil prices.
- United Arab Emirates: Saturday, July 30 - 2005 at 07:48 |
Chinese revaluation signals further dollar weakness
- Doing business with a falling dollar has been a problem of the past few years for Gulf companies. This looks likely to continue, as Chinese revaluation puts more downward pressure on the ailing greenback, still suffering from the twin deficits.
- Saudi Arabia: Saturday, July 23 - 2005 at 07:36 |
How will a UAE stock market correction impact on the real economy?
- Respected local commentators think the UAE stock market is about to revisit the dark days of the September 1998 crash. But oil is at $60 a barrel and not $10 as in 1998. So how much impact will falling share prices have on the real economy today?
- United Arab Emirates: Wednesday, July 13 - 2005 at 10:23 |
Oil heads for $80 a barrel this autumn
- Trading positions suggest a strong probability that oil will hit $80 a barrel this autumn, an amazing record high for black gold. But wiser leaders in the GCC are concerned that such high energy prices will throw the consumer nations into recession, if they are not already there.
- Saudi Arabia: Wednesday, July 06 - 2005 at 08:22 |
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