March 21, 2012
Dubai is launching a £1 million (Dh5.8m) advertising campaign to try to change perceptions of the British towards the emirate as a holiday destination as visitor numbers from the United Kingdom decline.
Smugglers in the Middle East are enjoying an unlikely moneyspinner — illegal medium grain rice.
The gold price fell to its lowest level in two months last week.
The Iranian situation, if escalated, would adversely affect a lot of things, including inflation, oil prices, the flow of trade and the flow of investment,” said the Omani minister.
March 20, 2012
Any rise in the prices of essential commodities like food naturally causes people with lower income levels to have to spend a greater portion of their earnings.
Silver prices are better supported than gold by investment flows, particularly as total silver reserves are reckoned to be less than half the amount held in gold. It is a supply and demand issue.
The conventional wisdom says that debt and regulation are the big challenges for banks, most of them scrambling to recover from the financial crisis.
In the survey, almost three-quarters of women who earned more than their partners said the men didn't mind.
The current crude scenario has the potential to derail growth and push global economy into recession and indeed depression, most agree.
By 2030, Abu Dhabi mass transport system will be more than sufficient to serve all commuters, leaving wider spaces for those who would prefer to walk or ride their bicycles to work.
March 19, 2012
The total direct contribution of travel and tourism to gross domestic production (GDP) in GCC countries is expected to reach $44 billion this year, up 27 percent from 2009.
The most seductive argument in the investment universe at the moment is that the liquidity pouring into global financial markets guarantees a continued rally into the distant future.
The fact remains that the number of Emiratis pursuing a career in education is skewed in favour of the women, which yields a clear imbalance in the country’s education system.
A comprehensive political settlement in Sudan is a crucial prerequisite to resolving the current economic crisis, an opposition figure said.
The Middle East stock markets, particularly the Gulf markets, are ready for a sustainable rebound as strong macroeconomic fundamentals and attractive valuations are improving the investor sentiment and risk appetite.