Tuesday, March 23, 2010

DMCC, DGCX and DME: Why they remain successful

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What's new at AMEinfo.com            23rd March 2010
 
DMCC, DGCX and DME: Why they remain successful

While voices critical of Dubai's market ambitions mostly present the Nasdaq Dubai as proof that its actions have been fruitless (the Nasdaq Dubai has only attracted 17 equity listings so far), two other Dubai-based international markets have been less in the limelight, but operate much more successfully; the Dubai Gold and Commodities Exchange (DGCX), and the Dubai Mercantile Exchange (DME).

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Hotel pipeline poses challenges for UAE

The UAE has by far the largest number of hotels in the development pipeline in the Middle East, which could pose problems for the country's hospitality sector as it seeks to return to growth in the wake of the downturn. However, experts say that it is difficult to predict when, and how many, of these hotels will actually come online and the extent to which additional supply will impact the market.

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Balancing Gold and Oil: Part three

Over a year ago, I dedicated an article (March 08, 2009) to the Gold/Oil-ratio (GOR). At that time, West Texas Instruments (WTI) Light Sweet Crude Oil was traded at a level of $44, meanwhile gold traded at $900.
The Gold/Oil-ratio had a value of approximately 20. I argued that this level could deliver a golden opportunity: To buy oil and to sell gold (short).

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 Audio  
    
Germany breaks ground on The World islands

The Kleindienst Group has become the first developer to start construction on The World islands in Dubai. AMEinfo.com joins the CEO, Josef Kleindienst to view the island and talk about the construction process, what the island will feature and the selling philosophy.


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 Video  
    
HE Mubarak Hamad Al Muhairi, DG, Abu Dhabi Tourism Authority

In this key interview HE Mubarak Hamad Al Muhairi, DG, Abu Dhabi Tourism Authority talks to AMEinfo.com about the mood of the industry and the development of the UAE capital as a major tourist destination with a strong focus on events. With more hotel rooms available tourist numbers will increase, attracted by the year round calendar of events which range from culture to sport.

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