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Barclays cuts 2016 gold and silver price forecasts, but safe haven may lure investors

In its latest forecast, Barclays has pegged average gold prices at $1100/oz for 2016 (compared to previous forecast of $1,150/oz), $1200/oz for 2017. "Overall, while...

A few tips for property investors in 2016

2015 was a year of speculation and fluctuation, from oil prices to interest rates. But the global economic recovery, by and large, maintained an...

Global Risks in 2016: More Walls, More Warming, Less Water

From the environment to international security and the coming Fourth Industrial Revolution, the World Economic Forum’s Global Risks Report 2016 finds risks on the...

Two positive cases of MERS Coronavirus announced in Abu Dhabi

The Health Authority - Abu Dhabi, HAAD, has announced two positive cases of the MERS Coronavirus (MERS CoV). Both cases are receiving the medical...

Economic Slowdown and Your Career: Strategies to Keep Afloat

Global economy began to stall back in the spring of 2015, and economists marked down forecasts for 2016 even further. Most of them believe...

Brent crude drops below $30; Oil prices could stay lower for longer

Brent crude futures fell below $30 a barrel in Asia trade on Thursday as concerns about Iran adding to a supply overhang spooked investors. February...

UAE Real Estate Market in 2015: Subdued Demand, Limited New Supply

​​​JLL, the world's leading real estate investment and advisory firm, today released its annual review of the UAE Real Estate Market for 2015, assessing...

Non-tax revenues can generate at least 10% of GDP in UAE

Given the volatility and unpredictability of oil prices, the primary economic strategy for all GCC countries is to diversify government income and reduce dependency...

Oil Seen Heading to $20 on Dollar Strength

A rapid appreciation of the U.S. dollar may send Brent oil to as low as $20 a barrel, according to Morgan Stanley. Oil is particularly...