Emaar buyback not the only reason to buy the DFM « Peter J. Cooper’s Weblog

" So my point would simply be that UAE stock market investors have overdone their pessimism over the summer – just as they did last year – and as Ramadan concludes the market is likely to resume its rally....

Tehran feels an Arab sting

This article by Sami Moubayed at Asian Times analyses the impact of the negative American and Saudi media coverage on Iran in the Middle East. Furthermore, it explains the reasons behind such...

Opec agrees to cut oil output in 40 days

In reaction to OPEC decision to reduce production to 520,000 barrels per day, there was a small increase in oil prices of 9cents. " Oil climbs on OPEC production cut Wed, 10 Sep 2008 13:20:51 GMT   Crude...

Whale Shark 'Rescued' and taken to Atlantis Palm Aquarium - Dubai

UK experts air concerns over 'capture' of protected Whale Shark, removed from ocean and held captive in Atlantis Palm aquarium attraction. Fears that the 'fishy tale' is really a cover to 'increase profitability'....

Why the UAE has the best economic outlook « Peter J. Cooper’s Weblog

"The UAE bourses have also weakened but the local economic outlook remains strong, and given the terrible prospects elsewhere, the Emirates probably has the best economic prospects in the world for at least the next few years. "

Abu, Musa: Iran warns against hyping island issue

Iran pledges to resolve the Abu Musa Islands issue through negotiations with UAE. " Fri, 15 Aug 2008 15:22:17 GMT     Iranian Foreign Ministry Spokesman, Hassan Qashqavi, says any dispute over the...

Double Gold for German Dentist

Congratulations to German double gold medalist’s Hinrich "the dentist" Romeike and wonder horse Marius for capturing both the team and individual Eventing competition. A double gold medal is always something...

Asia Cup - 1st Match Bangladesh Vs UAE at Lahore Full Highlights

"A superb century from Mohammad Ashraful, the second of his career helped Bangladesh to get a 96-run win over UAE in their Asia Cup opener in Lahore. Ashraful was supported by Raqibul Hasan, who made his second-successive 80-plus knock as the pair put on 141 off 122 balls. It...

Simsari announces participation at Cityscape Shanghai

"Dubai, (ANTARA News/PRNewswire-AsiaNet) - Simsari.com, the Middle East's largest online marketplace specialised in real estate, has announced that it will for the first time participate at Cityscape Shanghai, scheduled to take place from 25 - 27 June 2008 at the new...

Plans for World's First Rotating Skyscraper Unveiled

Perhaps unsurprisingly, the world's first rotating skyscraper will be built in the futuristic desert metropolis of Dubai. The second rotatoscraper, however, will be located in Moscow a city, apparently, in dire...

Master Plan for a Spectacular New City Unveiled in Dubai

"Dubai (ANTARA News/PRNewswire-AsiaNet) - HH Sheikh Mohammed Bin Rashid Al Maktoum, Ruler of Dubai, and Vice-President and Prime Minister of the UAE, has unveiled ambitious plans for an entire city to be built in the desert.Respectful of the region's cultural heritage in both...

Ultra wealthy families welcome to join the DIFC « Peter J. Cooper’s Weblog

" The DIFC Family Office was created to promote DIFC as an ideal domicile for family offices and is a further extension of the DIFC value proposition across businesses within the centre. The DIFC has now established an environment that combines a robust legal and regulatory...

Is the Franklin Templeton MENA Fund a buy? « Peter J. Cooper’s Weblog

" Personally I would be a buyer of this fund after this correction, and not before. For any downward correction in the oil price will only be temporary as the supply and demand fundamentals will not be changed, and the MENA region, or at least the oil producers, really does...

Will the UAE suffer or prosper in the global economic slowdown? « Peter J. C...

" It is tempting therefore to conclude that the global economic slowdown is going to have no impact on the Emirates. Indeed, the oil boom should be seen largely as a beneficial phenomenon with any problems being those of success and not failure. But beneath the surface there...

Pakistani Documentary Film Wins Top Award at UAE Competition

  A Pakistani documentary has won the highest award at a competition in Abu Dhabi.“Dinner with the President”, a film by Sabiha Sumar and Sachithanandam Sathananthan was conferred  the Grand Award...

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