Editorial Column
Record oil price sets the scene for $200 next year
- With many commentators now on holiday the record $75.78 oil price last week was almost ignored. Yet with the world economy still hot the scene is set for a powerful rally in oil prices and the equally inevitable price spike. So will we see oil hit $200 a barrel in 2007?
- Saudi Arabia: Saturday, July 08 - 2006 at 09:30 |
How to revive the UAE stock market
- The UAE stock market has tumbled dramatically this year and has yet to find a market bottom. Now the re-purchasing of shares by companies is being encouraged. But is the answer not simpler: why not open up all stocks to foreign purchasers? This would provide the liquidity that is missing and new players for the market.
- United Arab Emirates: Monday, July 03 - 2006 at 08:33 |
Will global capital markets now follow Arabian bourses lower?
- Just as the Asian Financial Crisis preceded the Nasdaq Crash of 2000, there is a growing concern in global financial markets that the bursting of the Great Arabian Stock Market Bubble this year is a forerunner to a serious fall in asset prices around the world. Tightening liquidity is the villain of the moment.
- Monday, June 26 - 2006 at 14:37 |
Will stock market blues hit the number of millionaires in the region?
- For the past 10 years Merrill Lynch has published its annual tally of millionaires in the Middle East. There were around 300,000 in 2005 worth a total of $1.2 trillion and 19.7 per cent richer than in 2004. But with regional stock markets down sharply this year is this decade of growing personal wealth about to end?
- Saudi Arabia: Tuesday, June 20 - 2006 at 15:33 |
Why international business is likely to pay even more attention to the Middle East
- Suddenly every board in the Western World has woken up to the Middle East. There are more and more business trips to the region, so much so that flights and hotels are often booked solid. Sure everybody knows that the oil price is high and the Middle East is booming, but perhaps there is another reason for this exodus.
- Wednesday, June 14 - 2006 at 13:18 |
Dubai ranked 6th for global economic performance, could do better!
- Dubai has been ranked 6th for economic performance out of 60 countries and regions by the Swiss business school IMD's 2005 study of global competitiveness. That meant Dubai was behind Singapore, Hong Kong, China, Luxembourg and the US but ahead of every other advanced country.
- United Arab Emirates: Tuesday, June 06 - 2006 at 08:02 |
How long before the Internet overtakes local newspapers?
- The UK advertising industry has been stunned by a report from GroupM claiming that the Internet will overtake newspapers as an advertising medium this year. Yet the same trend towards using the Internet for news is observable in the Middle East, and with infrastructure growing fast the value of Net advertising is also rising.
- United Arab Emirates: Sunday, June 04 - 2006 at 10:16 |
Peak-oil theory and its development implications
- Denying the idea that Middle East oilfields are getting old and might soon go into decline has become an article of faith in local oil circles. But re-reading the controversial main text of the peak-oil theorists should perhaps be required by regional economic planners.
- Saudi Arabia: Saturday, May 27 - 2006 at 09:19 |
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