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Higher oil revenues in the Middle East these days come with a hidden cost: higher inflation....
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Middle East:
Tuesday, April 29 - 2008 at 09:24
Sovereign wealth funds are presently sitting on the sidelines of global markets, waiting for...
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Middle East:
Tuesday, April 22 - 2008 at 11:28
Marriott International is rapidly expanding in the Middle East in an effort to tap into the...
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Middle East:
Tuesday, April 22 - 2008 at 11:11
Gulf States are pushing ahead with a monetary union by 2010, according to central bankers...
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Middle East:
Tuesday, April 08 - 2008 at 10:22
Another day, another bout of mind-bogglingly bad news from the big banks! UBS announced a further...
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Middle East:
Wednesday, April 02 - 2008 at 08:51
Inflation is always a monetary phenomenon. You hike the money supply and hey presto you will have...
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Middle East:
Thursday, March 27 - 2008 at 10:37
A wise man once said that those who fail to learn from history are doomed to repeat it. Middle...
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Tuesday, March 18 - 2008 at 15:13
With resources becoming increasingly expensive in the UAE, real estate developers from the...
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Egypt:
Sunday, March 09 - 2008 at 11:04
Last week the UAE central bank again suggested that a US dollar bottom was close and that...
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Middle East:
Tuesday, March 04 - 2008 at 00:22
Despite rising political instability in the Palestinian Territories throughout 2007, the...
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Palestine:
Thursday, February 28 - 2008 at 10:59
The Saudi stock market rebounded sharply last week, but is still down 50 per cent on its 2006...
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Middle East:
Sunday, February 24 - 2008 at 11:28
International banks in Dubai have slashed interest rates on dirham deposits to around one per...
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Middle East:
Sunday, February 17 - 2008 at 10:16
The construction industry in the Gulf is experiencing an unprecedented boom, but the industry...
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Middle East:
Thursday, February 14 - 2008 at 10:14
Hedge funds have started to speculate in favour of a stronger dollar, reversing their previous...
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Middle East:
Monday, February 11 - 2008 at 11:31
The fall in US interest rates to three per cent is designed to bail the US banking system out of...
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Middle East:
Sunday, February 10 - 2008 at 12:37