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Rising salaries to boost GCC economy in 2012

UAE nationals working for the federal government are getting 35 to 100 per cent salary increases but recruitment consultants Towers Watson reckon salaries for expatriates will also rise though by a lesser 5.7 per cent…
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Posted on 31 December 2011 Categories: Banking & Finance, GCC Economics, GCC Real Estate, GCC Stock Markets

ArabianMoney to raise newsletter price from January 9th

Still the only independently written investment newsletter published in the Middle East, the subscription price for the ArabianMoney monthly investment report is to increase from January 9th.
The is the last chance for subscribers to…
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Posted on 30 December 2011 Categories: Media & Culture

Should the year-end sell-off of gold and silver worry investors?

Just as the January edition of the ArabianMoney investment newsletter came out tipping silver and gold for the year ahead with actionable investment advice for subscribers that is not given on this free website (
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Posted on 29 December 2011 Categories: Gold & Silver

$10bn Aldar bailout mirrors Abu Dhabi’s $20 billion rescue of Dubai two years ago

The second part of a $10 billion bailout of property developer Aldar by Abu Dhabi is very much a re-run of the $20 billion rescue of Dubai two years ago. In both cases a property…
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Posted on 29 December 2011 Categories: Banking & Finance, GCC Economics, GCC Real Estate, GCC Stock Markets

Economic outlook for the UAE surprisingly bright for 2012

ArabianMoney editor and publisher Peter Cooper talks to Sandra Mergulhao from MyDubaiMyCity.com about the outlook for the UAE economy in 2012 and looks back over the events that shaped 2011.
With record oil revenues and…
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Banks deposit $534bn with the ECB a week after borrowing $645bn as eurozone crisis draws to a close

Banks in Europe are so worried about loaning to each other that they have a record $534 billion on deposit with the ECB earning 0.25 per cent, only a week after borrowing $645 billion from…
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Posted on 28 December 2011 Categories: Banking & Finance, Bond Markets, Global Economics, US Dollar, US Stocks

Construction noise returns to The Meadows as prices surge but owners should beware planning laws

Villa prices in The Meadows, a popular community in New Dubai have soared by up to 30 per cent in the past year with a wave of new buyers from the Arab Spring countries, both…
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Posted on 28 December 2011 Categories: GCC Economics, GCC Real Estate

Plot uncovered to smuggle 94 kilos of gold into the UAE from an African state

For a country with no official gold reserves the UAE is still a major force in the global gold trade. State news agency WAM yesterday reported that security officials have foiled a money laundering operation…
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Posted on 27 December 2011 Categories: GCC Economics, Gold & Silver

Spanish finance minister warns of difficult two months as UK plans capital controls for euro collapse

The eurozone sovereign debt crisis may be entering its final phase as Spain’s new finance minister Luis de Guindos warned that the next two months ‘are not going to be easy’ and the UK Treasury…
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Posted on 27 December 2011 Categories: Banking & Finance, Bond Markets, Global Economics, US Dollar, US Stocks

Are we facing a plunge in global stock markets like in 1973-4 and how will gold react?

The January edition of the ArabianMoney newsletter is warning readers how to prepare for a 1973-4 style plunge in global stock markets (subscribe here). During that period of the first oil shock the Dow…
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Posted on 26 December 2011 Categories: Banking & Finance, Bond Markets, Gold & Silver, US Dollar, US Stocks