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World Records Hottest June in History

2013 was one of the hottest years observed worldwide and scientists say there is an ongoing trend of rising global temperatures. Last month was...

Middle East Business Confidence Improves Despite Economic Challenges

Business confidence in Middle East improves for second consecutive quarter, but remains low amid slumping growth rates 44% of businesses report worsening conditions ...

DGCX First Quarter Volumes Up 112%

Exchange trades 3,281,234 contracts in the first quarter March volumes total 1,072,052, a 95% rise from 2012 Indian Rupee futures grows 104% year-on-year March volumes on the...

Cyprus: Will We Ever Learn?

So Cyprus got its IMF-ECB bail out. But have bank savers elsewhere got the message yet...? OVER the last 30 years I have seen a...

Arab League to ask UN for no-fly zone in Gaza

Arab League Chief Amr Mussa said the organisation will ask the UN to impose a no-fly zone over Gaza, which Israel has pounded with...

Emirates flights into/out of New York’s JFK Airport cancelled due to...

Due to the impact of Hurricane Irene, the Airport Authority has suspended flights to and from New York's JFK Airport. As a result,...

IMF chief warns world economy risks ‘Downward Spiral’

International Monetary Fund chief Christine Lagarde warns the world risks plunging into a "downward spiral" of financial instability and urges Asian economies to be...

Comeback in Sentiment Towards Europe

U.S. Fiscal Cliff Replaces EU Sovereign Risk as Top Global Concern Europe is staging a comeback in investor portfolios while concerns about the U.S. fiscal...

London the top city in Europe for international retailers

According to new “Destination Europe 2013” report by Jones Lang LaSalle Leading city: London ranked 1st, Paris 2nd and Moscow 3rd – but Moscow is...

Gold hedging strategies for emerging markets

The World Gold Council posted a new report on gold as investor’s tool. Investors in emerging markets can use gold to reduce exchange-rate...

IMF’ MENA Regional Economic Outlook Defines the Road Ahead

The International Monetary Fund (IMF) launched today its Regional Economic Outlook Update for the Middle East North Africa, Afghanistan, and Pakistan region (MENAP). The...

Escaping Cash in the Bank

US and UK inflation rose faster than interest rates in June. Get used to it... JUST WHY DO people choose to buy gold and silver?...

IATA Predicts Better Profits for Global Airlines

The International Air Transport Association (Iata) has raised its profits forecast for global airlines in 2012 by a third to $4.1bn, due to efficiencies...

Facebook and Zuckerberg dominate world’s news

Just in a matter of three days, so much happened to Facebook and its founder. On Friday, with the launch of Facebook's IPO, Mark Zuckerberg...

UAE Delegation attends World Bank-IMF Annual Meeting in Washington

A delegation from the UAE, headed by HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs, will be taking part in the...

International tourism hits one billion

One billion tourists have travelled the world in 2012, marking a new record for international tourism – a sector that accounts for one in...

Global Economy & Gold Price 2014 Outlook

Here is the most recent commentary of Jim Rogers on global economy and gold price outlook for 2014.

World Happiness Report: UAE Ranks 14th

Those looking for greater happiness and satisfaction in life should head to northern Europe, according to the 2013 World Happiness Report released on Monday...