News Feature
$115 oil price peak predicts demographic forecaster
- World renowned forecaster Harry S. Dent was a keynote speaker at this week's 'Leaders in Dubai' conference, and presented his views on the future of the oil price by correlating demand with population changes in the main oil consumer markets. He saw a renewal of the bull market for oil until 2010 and a peak price of around $115.
- United Arab Emirates: Thursday, November 30 - 2006 at 11:45 |
Bearish mood prevails at capital markets conference
- What a difference a year makes in capital markets. A year ago the MEED Capital Markets Conference was full of IPO-fuelled optimism. This week's event was a depressing round up of crashing markets and a bearish sentiment about the future now prevails with little cheer on the horizon.
- United Arab Emirates: Tuesday, November 21 - 2006 at 08:27 |
Threats to the $175 billion Abu Dubai investment boom
- Cost and time overruns are the biggest threats to the $175 billion five-year spending plan in Abu Dhabi. Delegates to MEED's 'The Abu Dhabi Conference 2006' this week were treated to a full exposition of the well considered economic expansion program now being rolled out in the oil-rich emirate.
- United Arab Emirates: Monday, November 13 - 2006 at 08:52 |
Capacity constraints, inflation and economic management
- You have traffic problems due to a lack of roads and too many cars, and inflation because there are too few homes which forces up rentals. These are the problems of the economic boom that now prevails in the Middle East. How local rulers decide to approach these issues is directly affecting the lives of residents and business.
- United Arab Emirates: Wednesday, November 08 - 2006 at 08:57 |
Gold Fields becomes first major international DIFX listing
- The South African precious metals mining giant Gold Fields became the first major international company to list its shares on the relatively new Dubai International Financial Exchange this week. The move is designed to attract regional investment in Gold Fields' shares at a time of increased interest in gold-related assets.
- United Arab Emirates: Monday, October 30 - 2006 at 12:18 |
After 7Days, where next for the Dubai media sector?
- Two UK media giants have recently made notable acquisitions in Dubai while the government has taken a major stake in the second independent broadsheet. Clearly times are changing in the Middle East's most dynamic media market. But what does this mean for the future?
- United Arab Emirates: Sunday, October 22 - 2006 at 09:32 |
Fear rather than greed dominates Gulf stock markets
- It has been a lackluster autumn for the Gulf stock markets which crashed in the first half of 2006. For the moment the fear of further losses is just balancing the greed for further gain, which could mark a market bottom. But there are still a series of unknowns that threaten to take markets lower.
- Saudi Arabia: Wednesday, October 18 - 2006 at 09:22 |
The great UAE boom to cool says IMF
- Capacity constraints, particularly in the construction sector, will slow the runaway UAE boom from 11.5 per cent growth in 2006 to 5.8 per cent by next year, according to the IMF. But with the IMF predicting oil prices above $60 a barrel for the next two years, this is likely to feel like a very soft landing.
- United Arab Emirates: Tuesday, October 10 - 2006 at 08:30 |
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