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Cyprus: Will We Ever Learn?

So Cyprus got its IMF-ECB bail out. But have bank savers elsewhere got the message yet...? OVER the last 30 years I have seen a...

GCC Real Estate in Q4 of 2012

· Markets started gaining strength during 4Q12 · UAE and Saudi markets continue to lead amongst the GCC · Upcoming new additions to hurt rental rates UAE:...

World’s Poverty Rates Drop Rapidly

Some of the poorest countries in the world are becoming less poor, according to new report by Oxford University’s Poverty and Human Development Initiative....

Europe Addressing Distress While the US is Over the Hump

Real Capital Analytics’ (RCA) deal flow analysis indicates that Europe is starting to make headway in dealing with its distressed real estate loans while...

Experts Predict 2 Billion International Travelers in 2020

Today, tourism and travel industry is reaching brand new heights. The main reason for this is that governments around the world clearly see the...

Travel and Tourism Competitiveness Report 2013 Revealed

Switzerland, Germany and Austria are top performers in the fifth Travel & Tourism Competitiveness Report, which ranks 140 countries according to their attractiveness and...

A Billionaire disagrees, magazine strikes back

Who is more powerful - Forbes or Prince Alwaleed bin Talal? Billionaires business owners and a number of ultra-successful entrepreneurs would be flattered to be...

Strong UAE Presence on Forbes’ Billionaires List

Forbes announced its list of the world’s wealthiest people in 2013. The ranking consists of billionaires from every part of the world, including...

GCC Markets Performance in February 2013

GCC were unstable in February; TASI consolidated under 7,000 Highest MoM gains belongs to Abu Dhabi and Kuwait Trading activity withdraws on MoM basis Activity of IPO...

2013 Mobile World Congress – Smartphones of the Future

Only a few days are left until the start of this year’s Mobile World Congress in Barcelona and the introduction of latest and most...

GCC Economic Development and Outlook 2013

GCC nominal GDP reached about US$ 1.56 trillion in 2012, up from US$ 1.44 trillion in 2011; UAE economy to grow by 3.2% in...

Happy Chinese New Year!

Yesterday the Lunar New year celebrations began around the world to mark the beginning of the new Chinese New Year - the Year of...

Goldman Sachs cuts recommendation on global equities to ‘neutral’

Goldman Sachs has grown cautious on global equities in the near term. Last week, the investment bank cut its recommendation on equities investments to...

New York Fashion Week 2013: What to Expect

Designers' collections for Spring 2013 are already hitting the stores. That means only one thing – it is time for the New York Fashion...

Who Will Dominate This Year’s Grammy Awards?

The 55th Annual Grammy Awards are right around the corner and both celebrities and music fans can’t wait to find out who will take...

World’s Most Expensive and Cheapest Cities in 2013

The Economist Intelligence Unit (EIU) released its annual Cost of Living report for 2013. The study ranked both the most expensive and cheapest cities...

IMF revises MENA’s growth rate

The International Monetary Fund stated in a report released in January that an anticipated drop in the average growth rate of the regional economy...

Gold hedging strategies for emerging markets

The World Gold Council posted a new report on gold as investor’s tool. Investors in emerging markets can use gold to reduce exchange-rate...