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Arab Monetary Fund unlikely to offer aid to Eurozone

The Arab Monetary Fund is unlikely to offer any funding assistance to the euro zone because providing loans to unrest-hit countries across the Arab world has priority, Director General Jassim al-Mannai said on Sunday.

Can GCC VAT Hikes Offset Covid-19’s Fiscal Impact?

Emergency tax measures introduced in the region include the extension by several months of due dates for filing tax returns, the reduction or elimination...

Dubai property prices decline

The latest report by HSBC stated that Dubai property prices fell 23% last month from their record high in September. Prices for Dubai villas...

PR Agencies No More?

In the beginning of every new year, the web gets filled with countless predictions and forecasts about the marketing and the media trends for...

Dubai, Abu Dhabi Ranked Most Expensive Cities for Expats in Middle...

Dubai rises to Top 20 of the world’s most expensive cities for expatriates to live in Abu Dhabi (23rd) and Riyadh (52nd) also...

GCC Investment Strategy in 2011

Rising oil prices will drive regional GDP and budget surpluses Banking and petrochemical sectors to direct GCC profitability growth Qatar and UAE set to provide...

Pros and cons of investing in real estate, stock market

Nowadays investing in the stock market is a very popular topic. There are a lot of questions that a beginner investor may ask -...

Asian and Middle East Real Estate HNW Investors Prefer London

The majority of overseas high net worth individuals pinpoint London real estate as their top target investment class, according to the inaugural International Private...

Dubai 2011 economic growth seen at around 4 percent

Dubai's economy should grow by up to four per cent this year helped by a recovery of trade and logistics sectors, Mohammad Lahouel, chief...

UAE Ranked 5th Country Worldwide for Efficiency of Government Spending

The UAE was ranked fifth in the world in terms of efficiency of government spending in the 2011-2012 Global Competitiveness Report of the World Economic Forum (WEF), reflecting the UAE’s leadership’s vision and strategy of achieving prosperity for its citizens.

The Arab Union for Real Estate Development estimates Arab Real Estate...

Arab Union for Real Estate Development (AURD) Secretary General Dr. Ahmad Mattar said on Monday that the Arab real estate activity volume...

Small Business Owners More Stressed and Dependent on Technology Than Ever

Despite the fact that the global economy is slowly starting to recover, owners of small businesses are still under a lot of pressure and...

What Does Dubai’s Rising Cost of Living Mean for the City?

Dubai has long been a popular destination for tourists and mobile workers alike. With a strong economy and numerous opportunities for those looking for...

UAE’s Financial Wealth Grows to $600 Billion Despite Pandemic Challenges

51% of the country’s wealth is owned by individuals whose net worth is more than $5 million. The United Arab Emirates (UAE) financial wealth grew...

Financial Crisis for real

Warren Buffet's tenet: "Be fearful when others are greedy... (and vice versa)" While many will say that the Middle East shouldn’t pretend its not happening,...

Dubai’s diversification model has right mix to re-accelerate growth, report

Job Creation, Funding and Execution Are the Key Drivers for Success According to a new medium-term outlook BofA Merrill Lynch Global Research Report ‘GCC 2020:...

KAMCO: UAE Economic Brief & Outlook 2011

Underpinned by its wealth in oil, the UAE's economy has recorded an overall steady level of growth over the years and the value of...

Opportunity Egypt

Egyptian Potential – Oasis of Opportunity The Middle East and North Africa, in particular Egypt, has weathered the global financial crisis with limited scars and...