Tuesday 22 July 2014

Dubai home prices boosted by speculators' return

The average apartment price in Dubai rose by 13 percent this year and is expected to grow at the same rate next year as speculative buyers prop up demand, a study released on Sunday showed. Prices rose despite expectations of arou


Political bid to tackle speculators 'misguided'

Government meddling in financial markets risks price distortion and under-investment and political attempts to tackle "speculators" are misguided, commodity exchanges told Reuters Global Energy Summit. Executives of the world's trading flo


Speculators 'dragging market down'

Speculators are now responsible for driving property prices below their ‘real’ values as investors pounce on distressed sales, said an UAE-based real estate expert. Mohammed Nimer, CEO of mid market property development company MAG Group P


Speculators ramp up oil price says Saudi

Record oil prices above $145 a barrel are being driven by speculative cash pouring into the oil market, Saudi Oil Minister Ali al-Naimi said. The oil minister of the world's biggest exporter said demand and supply were less at play in the


Speculators part of the system

The governor of the Central Bank of Bahrain became rather vocal over the weekend as the dinar and other GCC currencies continue to come under pressure. He accused foreign banks of unethically piling pressure on Gulf currency pegs with the

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