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Global demand for gold jewellery up 12% in Q1 2013

The latest World Gold Council Gold Demand Trends report, which reports on the period January-March 2013, shows a market driven by diverse global demand,...

Private Equity Focus Shifts From Emerging Markets

Private equity investment activity in the Americas is positioned for a solid year, while markets in Europe and Asia-Pacific tread water; this according to...

Hedge Funds Continue Gaining, Despite Selloff in Commodities

HFRI extends 1Q performance and high watermark with 6th consecutive monthly gain; Quantitative, Trend Following Macro CTAs post strongest gain in 10 months Hedge funds posted...

Standard Life announces Asia, Middle East expansion

Standard Life announced today that it will set up a new unit in Hong Kong, Singapore and Dubai to oversee and support its Asia...

Luxury Hotels Market Struggle with Decreased Demand in 2013

Luxury hotels have become less attractive for investments, according to a recently issued paper on the current trends in hotel development by a...

Societe Generale marks the end of gold era with a forecast...

Societe Generale came up with a new 27-paged special analysis report on gold prices. The titled of the analysis is called "The End Of...

DAMAC plans IPO

DAMAC Properties is considering launching an initial public offering(IPO) on the stock market. The Dubai privately-owned developer has approached banks including HSBC, Deutsche Bank,...

UAE is the Biggest Gulf Exporter of Capital

The United Arab Emirates has exported almost $55.5 billion to markets abroad, according to figures announced in by UNICAD (the UN Conference on Trade...

One More Bank Cuts Gold Price Forecast

On Wednesday, Societe Generale revised on the downside its 2013 gold price forecast and respectively silver among precious metals. Among the base metals, the...

Sheikh Ahmed Bin Saeed Rings the Bell for Emirates Sukuk Listing...

His Highness Sheikh Ahmed Bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline and Group today rang the opening bell at Dubai Financial...

Top 10 Diamond Mining Companies for 2012

1. Russia: Mirna Mine Mirna Mine is the largest diamond deposit in Russia and one of the largest in the world. The mine is one...

Mohammed Bin Rashid Fund launches two programs to inspire new business...

AED 250,000 in Seed fund and credit guarantee on up to AED 3 million on offer for Emirati entrepreneurs The Mohammed Bin Rashid Fund (MBRF)...

BofA revised its gold price forecast for 2013 and 2014

Bank of America Merrill Lynch cut down its gold price forecast for 2013 and 2014. The outlook update was on the back of US...

Big Money Managers See Silver Price Higher

During the past week, price of silver dropped by 0.6%, from $28.76 to $28.58 per ounce. The white metal trades 5.8% lower in 2013....

Major Financial Entities Remain Bullish on Gold

Morgan Stanley, UBS and BofA see higher gold prices later in 2013 Over the past few months, the economic environment influenced gold prices in...

HSBC upgraded its 2013 silver price forecast

The latest silver price forecast update of HSBC demonstrates positive expectations. The bank raised its forecasts for silver prices in 2013 and 2014. The...

Goldman Sachs cuts gold price forecast for 2013

Goldman Sachs cut its gold price forecast for this year, saying while the latest sell-off is "likely excessive," it has "exposed a quickly waning...

Investors believe global economy will strengthen further in 2013

BofA Merrill Lynch Fund Manager Survey Finds Strong Investor Sentiment Consolidating While Equity Valuations Retain Support Confidence in a strong global economic outlook has consolidated...

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