Financial Planning
How revaluation would benefit UAE investors
- The revaluation of the dirham, rather than the breaking of the peg to the US dollar, has emerged as the most likely currency reform to follow the meeting of the GCC heads of state from December 3-4. The hot money is on a 10-20 per cent revaluation and cooler heads think three to eight per cent is more likely.
- United Arab Emirates: Wednesday, November 28 - 2007 at 11:27 |
Preparing your finances for harder times ahead
- The US sub-prime banking crisis has now infected the global economy and will lead to a slowdown next year. Already share prices are tumbling and house prices falling in many markets. This leaves investors in need of some plunge protection. Here are 10 tips to safeguard your personal fortune over the next couple of years.
- United Arab Emirates: Sunday, November 25 - 2007 at 00:22 |
DIFC Economic Forum sees gloom and doom outside the GCC
- A poorly attended DIFC Economic Forum organised by the Economist Intelligence Unit painted a dismal outlook for the global economy in 2008 and opinion was divided over whether emerging markets would escape the downturn. But the GCC still appeared as a beacon of light in the gloom.
- United Arab Emirates: Wednesday, November 21 - 2007 at 12:53
GCC monetary union a red herring, inflation is the main issue
- GCC policy makers would be well advised to concentrate their attention of tackling the immediate problem of inflation, while monetary union is something of a red herring unlikely to occur because of political differences, argued Standard Chartered chief economist Gerald Lyons at a briefing of journalists in Dubai.
- Middle East: Wednesday, November 14 - 2007 at 16:21 |
Is it time to look again at UAE stock markets?
- Local stocks have enjoyed a sharp rally since the Eid holiday. The announcement of the DP World IPO has been well received. But is this anything more than a bear market rally? AME Info talked to Suresh Kumar, General Manager of Emirates Financial Services and a respected veteran commentator on UAE capital markets.
- United Arab Emirates: Thursday, November 08 - 2007 at 17:38 |
Taking the longer term view for investment success
- Buying a good stock or property and holding it for a very long time is the most successful way to invest.
- Tuesday, October 30 - 2007 at 17:29 |
Is gold heading for a major correction before it climbs higher?
- Gold has just topped its May 2006 high and most commentators are talking about higher prices. Yet if the US dollar is now nearing the bottom of its recent decline then the omens for inversely-related gold cannot be good.
- Tuesday, October 16 - 2007 at 17:04 |
Confounded by the US dollar
- The death of the US dollar is perhaps being exaggerated. Usually when the consensus in financial markets is at its strongest then that is the very moment for a contrary reaction!
- Wednesday, October 10 - 2007 at 16:56 |
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