Dubai recovery no mission impossible with $1.75bn bond sales
The Dubai Government has returned to the global debt market raising a $1.25 billion bond issue in the same week that Mission Impossible 4 announced that it would shortly begin filming in Dubai. And Emaar…
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Are new highs for gold and silver a bull or bear indicator?
The price of gold hit a fresh high of $1,312 today as these words hit the computer screen, while silver powered above the resistance level of its 2008 high to $21.88. In the trading pits…
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Is the past a guide to future UK house price falls?
The past is often the only guide we have to the future. But it is not necessarily very helpful as regards the current situation in UK housing. ArabianMoney has previously explained why we see the…
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Has the US double dip recession already started?
Recessions are not normally announced until long after they have started. Today Agora Financial goes so far as to suggest that the double dip in the US economy has already begun, and it will just…
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‘We are back’, Sheikh Mohammed tells Bloomberg
Bloomberg interviewed Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai and Prime Minister of the UAE, yesterday in advance of his winning the silver medal in the 160km endurance event at the World Equestrian…
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DIB takes control of Tamweel to restart Dubai home lending
One of the two Dubai Islamic home loan companies whose shares have been suspended since the global financial crisis struck two years ago is being effectively taken over by the Dubai Islamic Bank.
Yesterday the…
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Google ‘flash crash’ on Friday another stock market warning?
Google stock dropped more than 90 per cent in a spectacular mini ‘flash crash’ on Friday that may just turn out to be a technical error or something far more significant. The video below tells…
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Can Sheikh Maktoum be right about another Dubai boom in two years?
Al Fajer Properties CEO Sheikh Maktoum Hasher Al Maktoum certainly caught the headlines this week with a prediction that Dubai will boom again within the next two years. Is this vision a little premature and wishful…
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Jim Rogers predicts the collapse of the US dollar, rise of gold
Legendary contrarian investor and travel writer Jim Rogers is a wise man to follow. He got the commodities bull right before anybody else even saw the horns.
Has the recent dollar rally dulled us to…
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$320 silver is going to outperform $5,000 gold
ArabianMoney editor and publisher Peter Cooper is also the author of the book ‘Dubai Sabbatical: The Road to $5,000 Gold’ still selling on Amazon.com. But the latest edition of the ArabianMoney investment newsletter hazards a…
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