This Thursday will be the 80th anniversary of the 1929 stock market crash, and investors will be hoping that this day of destiny will pass without incident this year. To be fair last week the market did have its first down week in months. And if you...

The National Bank of Abu Dhabi and the recently formed Abu Dhabi islamic bank Al Hilal have both subscribed equally to a $5 billion tranche of new Government of Dubai long term bonds, part of the $20 billion program announced in February. According to...

Abu Dhabi risks repeating the building moratorium policy error of the late 1990s in cutting back on its construction programs. According to a Bloomberg interview with Aldar Properties CEO John Bullough the emirate is limiting construction to avoid the...

And here he talks about the outlook for gold which will never fall below $1,000 again: Posted in Banking, China, Gold & Silver, Marc Faber, US Dollar, US Stocks, Video

Listening to several of the region’s top economists over the last few days has convinced me that a W-shaped global recession is absolutely inevitable. No economist allied to a major bank or government can say any such thing, of course. The financial...

The City of Gold is reeling from a collapse in demand for the yellow metal brought on by higher prices, the world’s worst property crash and lower spending by fewer tourists. New figures for the third quarter from the World Gold Council reveal a 39 per...