Finance

Finance

Mortgage enquiries up; especially from middle-bracket earners

While the property market appears to be simultaneously booming and crashing, depending on which statistic you follow, or which article you read, one source...

Gold prices trade near highest in more than two years

ETF holdings rise 37% this year as Brexit vote adds to inflows Global gold holdings topped 2,000 metric tons for the first time in three...

Brexit Investor Sentiment

British voters have shocked financial markets on Friday by choosing to have the United Kingdom exit the European Union. So far, the "Brexit" vote is...

It’s time to buy gold

If you have not yet jumped on the wagon, it is about time. The next stop we are looking for is around $1,400 an...

Gold tops $1300 after Fed meeting

Gold has topped $1,300 an ounce after the US Federal Reserve scaled back its outlook for interest-rate increases and Janet Yellen signaled rates may...

Billionaire Investors Back A Gold Price Rally In 2016

It wasn't so long ago that some of the more famous investor gurus were shrugging off gold as nothing more than shiny trinkets with...

First Mergers & Acquisitions Global Report Launched

Report’s key finding is that effective people management can drive value in M&A Transactions Mercer, the global human resources consultancy, has developed and released it’s...

Real Estate emerges as the preferred asset class for Middle East...

Middle East sovereign investors have focused on increasing allocations to infrastructure and private equity over the last two years; however attitudes have changed in...

Gold Prices Sensitive to Interest Rates

Gold prices remained steady in the early trading hours on Monday as the dollar eased and Asian stocks firmed, with the metal holding near...

Why the Middle East Is Betting on a Solar Future

Just how cheap has solar energy gotten? To give you an indication, Middle Eastern countries from Saudi Arabia to the United Arab Emirates are...

Equities set for a bear hug over the coming months

Goldman Sachs has downgraded its outlook on equities to "neutral" over the next 12 months, saying there's no particular reason to own them. "Until we...

Regional Investor Appetite Shows Cautious Recovery

Investment trend likely points to oil as commodity inches towards $50 The second week of May saw buyers bravely step back into the markets after...

Family Businesses & Succession Planning in GCC Countries

As the GCC economy slows down due to declining oil prices, an important question presents itself: Where is the GCC money going? Even though there...

Unprecedented interest in Abu Dhabi dual-tranche bonds reported

The Emirate of Abu Dhabi issued a US Dollar 5 billion dual-tranche bond · USD 2.5 billion 2.218 yield due 2021, and USD 2.5 billion...

Dubai Parks and Resorts to raise financing through Rights Issue

Dubai Parks and Resorts is seeking to raise a total of AED2.67bn in additional financing, of which Dh1.68bn is being raised through the Rights...

Once Again! Long-term Bullish on Emerging Markets

Analysts at Bank of America Merrill Lynch reversed their five-year bearish call on emerging markets to a long-term bullish view, predicting that the chumps...

Layoffs in UAE banking industry on the rise

According to recent Reuters and Bloomberg reports, layoffs within UAE's banking industry are on the rise despite that the majority of banks reported strong...

Abu Dhabi Plans Bonds Sale

Abu Dhabi, the capital of the United Arab Emirates, is sounding out investors about plans to issue bonds for the first time in more...

Regional markets rally forward with 2.3% gain last week

Positive oil-related triggers needed to sustain recent upswing After a one-week break, buyers reasserted themselves pushing regional markets, especially those GCC, back in the black,...

Investors turn most bullish in nearly a year

Investors ramped up purchases of stocks and emerging market and inflation-linked bonds in the latest week, turning their most bullish on more risky assets...

Emerging markets hedge funds surge most since May 2009

Emerging Markets hedge funds posted strong gains in March, leading industry-wide gains as equity and commodity markets reversed early quarter declines to conclude the...

DGCX Breaks Several Records in the First Quarter of 2016

First quarter volumes on the Dubai Gold & Commodities Exchange (DGCX) grew 37% from the same period last year, trading more than 4.5 million...

MENA Deal Value Declines in Q1 2016

2016 has gotten off to a fairly slow start in terms of M&A activity targeting companies based in the Middle East and North...

The greenback’s bull market is over and that is good for...

Gold traders will be watching the U.S. dollar and some important technical-chart levels in the week ahead to gauge where the yellow metal is...