The systemic risk in GCC private equity funds was grossly underestimated by investors who assumed that the region’s equity and property bubbles would last forever.
Khalaf Al Habtoor is sure that Dubai is once more a very sound investment.
Thomas Lundgren, boss of The One furniture chain, tells Alicia Buller how he swerved bankruptcy and burn-out to launch new stores.
No matter the concessions to regional unrest, controlled state economies may not offer a solution in a networked global economy with unfettered capital markets.
Alicia Buller hangs out with Georges Kern, suave CEO of luxury watch-maker IWC Schaffhausen, at the Laureus World Sports Awards.
With only around 10 per cent of Saudi’s currently owning their home, the new mortgage laws could be set to boost real estate firms, banks and society overall.
Low liquidity and weak confidence continue to dampen the Gulf’s IPO pipeline. Stringent local market guidelines must be relaxed to improve cashflow.
Akbar Al Baker, CEO of Qatar Airways, speaks out on his detractors and his record order book.
As the global economy reels from fresh Euro and US woes, the gold price is set for a dizzying ascent.
Anan Fakhreddin, the man charged with salvaging the reputation of Damas jewellery firm, tells Alicia Buller why he’s got one of the most difficult jobs in the region.
The region welcomes its first non-executive director ‘match-making’ service as it strengthens corporate governance regulation.
V Shankar, CEO of Standard Chartered says the unrest is inflating banking wages but he’s confident the UAE will be the financial services powerhouse for the region.
Gulf real estate players are pumping money into Lebanon and playing an ever-larger hand in the nation’s landscape.
In the wake of the tax evasion clampdown in the West, Swiss banks are aggressively pursuing the emerging markets, says Raymond Baer, chairman of billion dollar investment bank Julius Baer.
In just over two years, Abu Dhabi is set to roll out first stages of its Etihad rail plan.
Gulf Business Investigates how the global crisis affected Oman Cyprus, two very different landscapes with similarly challenging property cycles.
Akbar Al Baker, CEO of Qatar Airways, speaks exclusively to Alicia Buller about Western detractors, rising oil prices, and why there’s enough future global demand to fill his record order book.
Course enrolment is on the upswing as the employment market opens up.
Harsh winters, quantitative easing and political unrest have pushed crude over $90 a barrel in the last three months. Rising oil prices could cause a double dip recession.
Emirates NBD’s CIO Gary Dugan on an uncertain year ahead, and why Dubai’s busy roads are a great micro-indicator.
In an exclusive interview, Abdulkareem Abu Alnasr, CEO of Saudi’s largest bank NCB talks about his hopes for the Kingdom’s economy, why name lending is a fallacy and how it feels to be the man that runs the region’s biggest financial institution.
Amid widespread regional unrest, the UAE has reclaimed its mantle as the oasis of opportunity in the desert, although, worryingly, it’s just too early to rule out future political unease.
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