August 28, 2011
The top nationalities during the first half of the month are Saudi Arabia, the UK, UAE, France and Japan and despite the instability in the Arab region and the world economic challenges, the hotel industry was not affected by all these threats and the future looks promising.
August 27, 2011
The main issue is how to package your property to make it the one that people want to buy, and price is obviously part of that.
The Syrian currency has lost 3 percent against the dollar during this period.
August 25, 2011
A system to combat economic crime as well as its current judiciary role is vital.
The Emirate's response to a looming global downturn is for a balanced approach between opposing calls for financial intervention or fiscal prudence, oil's price will be a key factor.
Within emerging markets, all the recent releases show that central banks are geared to support growth and are more cautious on rate hikes.
The total capital expenditure value of oil and gas projects is estimated to be in excess of $2.5 trillion and when all of these assets come into use they will require a massive annual expenditure to operate and maintain them.
August 24, 2011
Iraq, which has the world’s third-biggest crude reserves, hopes to rebuild the country using its oil revenues, which account for more than 95 percent of state income.
“Many of these banks have set rather high targets in extending loans to SMEs this year; with the Central Bank weighing in with tight controls on retail lending, small businesses are the next best option for banks,” said an owner of an engineering firm.
Lebanon is the Arab world’s most indebted nation with about $52.6 billion in public liabilities, equal to 137 percent of the gross domestic product.
Gold prices may touch $2000 an ounce, anytime. Today, the prices reached an all-time high of $1,916 an ounce. Gold prices have gone up by $400 an ounce in just in one and a half months. Every week the commodity is making a new high.
Though less advanced than the rest of North Africa even prior to the civil war, the Libyan economy has ample resources it could marshall for national reconstruction.
August 23, 2011
Brent crude oil fell Monday as Libya’s civil war appeared to be over, while gold rallied to another record high as economic worries kept investors flocking to the commodity.
The ranking is a strong testament to the economic fundamentals of the city, and the growth potential that Dubai offers to investors from around the world.
Analysts believe that the only solution to inflation which results in the decline of people’s purchasing power is an increase in the minimum wage so that the citizen could “at least make ends meet."