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...
Middle Eastern countries gold reserves not affected by inflation hedge worries
According to Dubai International Financial Centre Authority, Middle Eastern countries should expand their gold reserves holdings. That is expected to shield their assets in...
Childhood education is a long-term investment
Not long ago, Nobel Laureate James Heckman called for better investing in kids. Hackman added that any postponement of that makes later interference harder...
Twitter is estimated to be worth $9 billion before IPO
Twitter Inc. was valued at about $9 billion after early employees sold $80 million in shares to a fund managed by BlackRock Inc. This...
Got cash? Get invested in UAE stocks now!
Most people are actually out of cash most of the time. Especially after 2008, since the financial storm swept the world, "lack of liquidity"...
Investors Increasingly Bullish as Global Economy Regains Growth Path
‘Great Rotation’ to Equities From Bonds Gets Under Way
Global investors have entered 2013 in buoyant but not yet exuberant mood, according to the BofA...