Gold at 2-month high; Should you sell in Dubai?

Precious metal funds saw their biggest inflow in five months and bond funds notched a fourth consecutive gain over the last week, as investors continued to hedge "Trump trades" put on late last year that bet on stronger growth and rising inflation. ( read original story ...)

Dubai real estate market sees $3.2bn of deals in fortnight

Dubai’s real estate market generated transactions worth $3.2bn during the first 15 days of January 2017, according to the latest report issued by Dubai Land Department (DLD). “By studying the index at the end of last year, DLD predicted that the market ... ( read original story ...)

UAE and India: A relationship going stronger

UAE President Shaikh Zayed Bin Sultan Al Nahyan visits India and held meeting with Indian Prime Minister Indira Gandhi and signed a cultural agreement along with various other agreements. Indian Prime Minister Indira Gandhi paid a two-day visit to the UAE ... ( read original story ...)

UAE bank deposits up by Dh42b

Abu Dhabi: Total bank deposits in the UAE increased by Dh41.7 billion in December 2016 due to a Dh25.9 billion increase in resident deposits and a Dh15.8 billion increase in non-resident deposits. According to a statement from the UAE Central Bank, gross ... ( read original story ...)

NBAD sees Dubai, Abu Dhabi residential market bottoming

National Bank of Abu Dhabi (NBAD) said in its yearly investment outlook, released Sunday. In the fourth quarter to December 2016, the rate of decline in property prices stabilised in Dubai and certain mid market witnessed a small uptick. New project ... ( read original story ...)

Fleetwood wins in Abu Dhabi for 2nd European Tour title

ABU DHABI, United Arab Emirates -- Tommy Fleetwood broke free from a pack of contenders containing three major champions to win the Abu Dhabi HSBC Championship by one shot on Sunday, ending the Englishman's 3 1/2-year wait for a second European Tour title. ( read original story ...)