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Middle East carriers don’t follow global trends

Middle East carriers enjoyed traffic growth at 11.2 per cent year-over-year, even though this was lower than the 12.4 per cent increase in capacity....

Cost of Living City Rankings

Tokyo in Japan is the world’s most expensive city for expatriates; Karachi is the cheapest Most European cities drop in the ranking; Australian and New...

Dollar falls sharply on fiscal-cliff deal

Yesterday the US fiscal cliff turmoil came closer to its end as the House of Representatives passed legislation for new tax increases, concerning wealthier...

Cheap lending triggers property bubbles

There are rising fears of a new property bubbles building in several locations worldwide.

World Records Hottest June in History

2013 was one of the hottest years observed worldwide and scientists say there is an ongoing trend of rising global temperatures. Last month was...

DGCX First Quarter Volumes Up 112%

Exchange trades 3,281,234 contracts in the first quarter March volumes total 1,072,052, a 95% rise from 2012 Indian Rupee futures grows 104% year-on-year March volumes on the...

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...

UN Reports Record High Global Unemployment

In a time of disturbing economic instability global unemployment scores a record increase according to a report by the UN. Young people will be...

Dubai at the world’s biggest travel and tourism fair

German tourists love Dubai and its tourism products offering DTCM focus on strategies for consolidating Dubai’s standing 33 per cent increase in co-participants of Dubai Stand  The...

Comeback in Sentiment Towards Europe

U.S. Fiscal Cliff Replaces EU Sovereign Risk as Top Global Concern Europe is staging a comeback in investor portfolios while concerns about the U.S. fiscal...

London the top city in Europe for international retailers

According to new “Destination Europe 2013” report by Jones Lang LaSalle Leading city: London ranked 1st, Paris 2nd and Moscow 3rd – but Moscow is...

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...

IMF’ MENA Regional Economic Outlook Defines the Road Ahead

The International Monetary Fund (IMF) launched today its Regional Economic Outlook Update for the Middle East North Africa, Afghanistan, and Pakistan region (MENAP). The...

Escaping Cash in the Bank

US and UK inflation rose faster than interest rates in June. Get used to it... JUST WHY DO people choose to buy gold and silver?...

Global Growth on the Rise but Risks Remain, Predicts IMF

IMF projects global growth at 3.7 percent in 2014, rising to 3.9 percent in 2015 Growth pickup stronger in advanced economies; higher external demand to...

Sustained economic growth in the UAE and Saudi Arabia

The latest Crédit Agricole Private Banking research report, ‘Macro Comment – Eastern Promises: MENA Update’, noted that there is sustained economic growth in the...

World’s most expensive cities in 2016 revealed

The Economist Intelligence Unit has released its Worldwide Cost of Living Report 2016, ranking the world's most expensive cities. The report is based on the...

Electricity bills rise by 40 – 50 % in GCC region

A regional expert in AC systems has said that electricity consumption in summer in the GCC region rises by 50 percent compared to the...