Only the UAE is showing higher consumer confidence says MasterCard « Peter J...

" The UAE index score of 85.4 was up on 78.5 six months ago, although survey newcomer Qatar was higher at 88.6 as was Kuwait at 89.4. Saudi Arabia showed a dip from 92.2 to 80.1."

Memo to Hank Paulson on his visit to the UAE « Peter J. Cooper’s Weblog

I suppose Middle East conspiracy theorists will also be working over time on this visit. Perhaps Paulson has a big strategy to get the world economy back on its feet by this autumn and needs the help of Abu Dhabi? The presidential election is a last stand for this generation...

UAE land World Club Cup 2009 and 2010

"Sydney (ANTARA News/dpa) - The football World Club Cup will leave Japan after 28 years to be hosted in the United Arab Emirates in 2009 and 2010, the ruling body FIFA announced on Tuesday.The FIFA executive committee awarded the event to the UAE which beat rivals Japan and...

US Treasury green light for Gulf currency revaluation « Peter J. Cooper’s ...

This is a highly significant report because it is widely believed that US opposition to revaluation is the only reason that it has not happened this year. Gulf countries are all running double-digit inflation, and wholly inappropriate low interest rate regimes due to the...

Wow Burj Dubai, the world's tallest building!

A second brilliant video with the latest update on the Burj Dubai, the world's tallest building now under construction in Dubai.

That Burj Dubai TV commercial « Peter J. Cooper’s Weblog

"If you listen to CNN, BBC World or even Al Jazeera International you could be forgiven for thinking the Middle East is a war zone with no hope of economic progress. But look at Dubai with the world’s tallest building under construction - indeed UAE infrastructure...

Soros and hedge funds pessimistic but not on the Gulf States « Peter J. Coop...

More surprising perhaps is that the Middle East emerges as the most favored destination for investment, ahead of Asia ex-Japan. Arabian money is probably therefore likely to stay in Arabia, if the consensus of global hedge fund investors is that the region is the top place to...

Toshi: a new favorite restaurant for Dubai Media City folk « Peter J. Cooper...

This is the real New Dubai: Ultra chic and modern, luxurious yet comfortable, a genuine multi-cultural fusion. The food is also very good.

UAE real estate boom good for local media including The National « Peter J. ...

Even Abu Dhabi’s new newspaper The National is well placed to pick up on the boom in real estate advertising. This week the Cityscape 2008 show hits the capital amid a blaze of publicity.

Off-plan scams could turbo-charge Dubai house prices

My guess is that higher demand for the very restricted supply of apartments and villas in Dubai that are actually completed and available will send prices spiraling over the summer.

UAE stocks look a great buy after Ramadan « Peterjcooper’s Weblog

Looking for a place to put your money this autumn? Step forward the lively UAE stock markets, still down after their 2006 crash.

UAE market scams typical sign of a booming economy « Peterjcooper’s Weblog

UAE hit by con-artists as oil boom mounts

UAE special mobile phone numbers surge in value « Peterjcooper’s Weblog

Mobile phone numbers can sell for more than the price of a Porsche in the booming oil-rich UAE.

Dubai investors to invest US$3.5 billion in Indonesia

"A number of investors from Duba, the United Arab Emirate (UAE), have expressed commitment to investing US$3.5 billion in Indonesia, President Susilo Bambang Yudhoyono said before concluding his working visit here on Thursday.President Yudhoyono pointed out that a number of...