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Gold may settle at around $2,400 an ounce

Adjusted for inflation, gold would have to settle somewhere near $2,400 an ounce to supplant a record around $850 an ounce reached in January...

Consumers see real signs of Economic Recovery in Dubai

The past three years have been confusing for many business owners, and even many industry's veterans are still in doubt what is on the...

Consumer Prices rise by 2.5%

Abu Dhabi has issued its monthly report on the consumer price index (CPI) and the inflation rate in the Emirate of Abu Dhabi for...

Gold may face another round of correction

Gold price bit a two-day decline as inflation in China and India accelerated and Greece’s sovereign- debt crisis degraded. Demand for precious...

GCC growth to exceed 5% in 2011, World Bank

Gulf Cooperation Council (GCC) countries are on course to maintain a strong economic growth exceeding five per cent in 2011, the World Bank said...

Weekly economic review: “Worries persist”

Weekly economic review by Gary Dugan US economic data shows ongoing weakness Good news- signs that inflation could be peaking High dividend paying companies offer some...

Precious metals rally on freash concerns about inflation

Precious metals rallied on Wednesday, as worries about inflation reappeared. Investors bought into gold and silver back after a selloff earlier this week. Gold for...

Emerging Markets most favored by global investors; Equity positioning

The May Fund Manager Survey of BofA Merrill Lynch shows an increase in global investors’ allocations to emerging markets (EM). A net +29% are...

Say “Hello” to Inflation

While some are in a state of denial about rising inflation, others already priced it in. Few even laid out an action plan how...

Dubai: Inflation up 0.74% in Q1, 2011

Inflation rate in the Emirate of Dubai rose to record 0.74 % in the first quarter of 2011 compared to the same period of...

Dubai inflation increased 0.9 percent in February

Dubai inflation rose 0.9 percent on an annual basis in February. Food and transportation costs increased from the previous month, according to data from...

Dubai inflation rose 0.4 percent

Dubai inflation rose to 0.4 percent on an annual basis in January. However, the living costs in the emirate fell slightly from the previous month...

How to beat Inflation

The cost of living could double over the next decade or two. What are you going to do about it? Right now, no matter where...

Great 21 century war looming, Egypt & Libya just brush fires

The Middle East protests have fueled more than just a change in Democracy; it looks like these political outbursts will affect the gas pump...

Gerald Celente comments on political unrest in the Middle East

Gerald Celente is an American trend forecaster, publisher of the Trends Journal, business consultant and author who makes predictions about the global financial markets...

Economic Recovery in Slow Motion

Don’t count on the average consumer to bail out the local economy, not just yet! Consumers will continue to get caught up in post-recession measures...

2011 Forecasts: UAE in Figures

According the Economist, economic growth in UAE will pick up in 2011, but oil production will increase only modestly during a slow recovery in...