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Corum marks Eid Al Fitr with special edition watchesSwiss watchmaker Corum is marking Eid Al Fitr with the most complicated of its line of Bubbles watches to date: the Bubble Tourbillon Chronograph and Bubble Tourbillon GMT. Each line is limited to just five watches. Touted as the most c More… |
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Bubble Laundry launches in Abu DhabiBubble Laundry has opened operations in Abu Dhabi, making it the most technologically advanced and environmentally responsible commercial laundry facility in the UAE. By incorporating sophisticated electronic tagging systems, bespoke de More… |
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Dubai faces moment of truth over looming property bubble"Keep calm. There's no bubble", proclaimed a giant poster on a 40-storey building overlooking a Dubai highway, advertising a property finding portal late last year. That may have been true at the time, but the risks are rising. More… |
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Dubai faces moment of truth over looming property bubble"Keep calm. There's no bubble", proclaimed a giant poster on a 40-storey building overlooking a Dubai highway, advertising a property finding portal late last year. That may have been true at the time, but the risks are rising. More… |
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IMF warns on Dubai real estate bubbleThe strengthening real estate cycle in the UAE, particularly in the Dubai residential market, could attract increased -- and potentially destabilising -- speculative demand, spurring the risk of unsustainable price dynamics and an eventual corre More… |
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Property bubble? 'Not in Abu Dhabi'Abu Dhabi remains far from entering a boom-and-bust cycle in its real estate market even though property prices in the wealthy emirate are rising sharply, executives said at a major industry fair. Selling prices for residential un More… |
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As bubbles form, investors warned to take coverFive years of rapid-fire money printing at the US Federal Reserve and easy money policies at other central banks have left trillions of dollars sloshing around the world financial system, and some of it is ending up in some rather odd places. More… |
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UAE cbank sees no property bubbleThe United Arab Emirates central bank governor said on Wednesday he was not worried about a new house price bubble similar to one which burst in 2008, halving property prices in the following two years and pushing Dubai close to default. More… |
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Defying doomsayers, China to avoid Japan-style bubbleChina has defied doomsayers who have warned for years that Asia's biggest economy would soon suffer a Japan-style boom and bust. It will continue to defy them for years to come. At first gla More… |
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Gold 'a bubble that could deflate'Record gold prices may be heading for a correction of about 8 per cent next month, but the safe-haven metal may also rally to $2,400 an ounce next year as investors seek refuge amid global economic turmoil, a global head at INTL FCStone on Saturda More… |
