Can millions be made again from the Net?
With the UAE media sector under extreme financial pressure due to a collapse in advertising revenues this year, there have been a number of articles recently pointing to the Internet and mobile media as the…
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Play on gold as Saudi jeweller sold to private equity
In what is almost certainly the biggest private equity deal in the Middle East so far this year a consortium led by Bahrain’s Investcorp has bought a 70 per cent state in the leading Saudi…
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Fed starts printing money, gold up sharply
The surprise move to quantitative easing by the Federal Reserve yesterday caught the market unaware. The $300 billion bond purchase sent gold prices jumping $50 an ounce and must have given a few gold bears…
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Marc Faber on gold and commodity prices
Dr Marc Faber still recommends buying gold so that people become their own central bank in a world of collapsing currencies.
UAE federal structure handles crisis well
UAE stocks picked up yesterday on news that the UAE Central Bank is about to lower interest rates as a part of its strategy for handling the global financial crisis.
On the same day it…
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Marc Faber on US bond disaster waiting to happen
The legendary investment adviser warns that the US bond market is looking like a disaster waiting to happen. A video for anybody with their money seemingly safe in US treasuries.
The Gulf News Media Audit
The UAE National Media Analysis print survey by Ipsos MediaCT is an annual independent exercise in transparency, and perhaps unsurprisingly its main sponsor Gulf News emerges as the No1 print media in the country with…
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Grab UAE fixed deposits now, rates coming down
UAE Central Bank Governor Sultan bin Nasser Al Suwaidi told Emirates Business 24/7 that local interest rates are set to fall, so anybody wishing to take advantage of the very high rates on local fixed…
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Athens, destination report
Next month Air Arabia will start direct flights from the UAE to Athens – its first flight outside the GCC – and this is a very…
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Bond market failure to push gold and silver prices higher
Analysts say the US will have to triple its bond issuance this year to meet the cost of federal bail out and stimulus packages, while in the UK the printing of money has sent 10-year…
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