Tag: Financial Crisis
Global Economic Outlook 2013
The global economy still hasn’t stepped back on track after the financial crisis that erupted in 2008. In 2012, the global growth descends to almost 3%. This...
Bounced cheques need closer attention
Bounced cheques - dealing with the problem
Bounced cheques have turned into an ongoing problem and are on the rise since the beginning of the...
A Grievous Evil
"I have seen a grievous evil under the sun; wealth hoarded to the harm of its owners."
– Ecclesiastes 5:13
Most people still get it. Hardly...
IMF: Global spillovers to UAE financial system
UAE affected through trade and financial channels
UAE banks only moderately exposed to the European crisis
UAE equity markets have been affected by spillovers from U.S....
Global economy on recovery path, IMF
The global economy is no longer in a danger. Signs of stabilization are emerging from the euro zone and the United States. Nevertheless, high debt...
Asian companies set to benefit from Eurozone crisis
Asian companies are more intent on finding investment opportunities in Europe than those in the Middle East or North America
Dubai: Financial Crisis Assessment
Renewed threat of recession in Europe would certainly have an impact on Dubai economy
Political stability key as Dubai renews efforts to tap investment
Dubai's bid to bounce back from the global economic crisis will be mapped out in a wide-ranging report to be published by the global...
Local construction companies vs foreign contractors
Construction companies have excess capacity to utilise and empty pages on their order books to fill, prompting some to look further afield for projects.
Who is right: Nakheel, its former CEO or The Financial Crisis?
Who is right: Nakheel, its former CEO or The Financial Crisis? The Dubai World Tribunal's decision was expected on Tuesday, but it won't be announced until early 2012.
UAE economy owns ability to compete within economic changes in 2012
UAE economy is able to enhance the UAE’s competitive position during 2012 through its ability to deal with the economic variables of the financial crisis taking place in both Europe and the US.
Commodities growth to ease in 2012
Expectations of lower inflation is expected to reduce commodities’ appeal in 2012. Two of 2011’s strongest performing assets, gold and oil, are unlikely to replicate these returns in 2012.
UAE Real GDP growth seen at 4.2 pct in 2011
The United Arab Emirates' economy is expected to grow by 4.2 percent in real terms this year, according to the National Bureau of Statistics.
Real...
As of today, where does Dubai stand?
Dubai is a place like no other, with a colorful and controversial mix of people that matches its reputation. During the last decade, media...
UAE business activity hits 15-month low in August
Growth of the business activity in the private sector in UAE slowed to a 15-month low in August, according to the HSBC UAE Purchasing...
GCC growth to exceed 5% in 2011, World Bank
Gulf Cooperation Council (GCC) countries are on course to maintain a strong economic growth exceeding five per cent in 2011, the World Bank said...
Signaling region’s economic recovery
Rashed Al Baloushi, Deputy CEO of Abu Dhabi Securities Exchange (ADX), confirmed that the UAE capital markets had overcome the consequences of the global...
Global real estate survey ranks Dubai 11th worldwide
Dubai has featured as a key destination for future real estate investment in a latest global study. The reputed Knight Frank Citi global real...