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Oil prices edge up ahead of Opec meetingOil markets stabilised in cautious trading on Friday (June 5) ahead of an Opec decision that is likely to keep the market oversupplied and sets aside warnings of a second lurch lower in prices as some members like Iraq and Iran look to ram More… |
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Gulf investors cautious ahead of EU summitGulf investors are taking cues from Europe amid thin local news and negative sentiment may spill over to regional markets as hopes fade of a debt-crisis resolution from an EU summit later this week. 'People were expecting the EU summit More… |
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Mumtalakat to 'tread cautiously on new projects'Bahrain Mumtalakat Holding Company will tread cautiously on the new projects even though the present economic climate offered 'real good opportunities' in the real estate sector, said its chief executive. Mumtalakat is the investme More… |
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Zabeel cautious on foreign expansionDubai's Zabeel Investments, an investor in Sony and planemaker EADS, said it will act cautiously on developing its portfolio outside the UAE in 2009 as a result of the global financial crisis. 'From a UAE perspective, we are moving More… |
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ME property investors 'adopt cautious approach'The demand-supply dynamic in real estate sector remains positive across Middle East region, however, against the backdrop of credit crisis regional investor sentiment is leaning towards a more cautious approach, according to a report. The More… |
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CBB urges GCC regulators to be cautiousThe subprime crisis and ensuing credit crunch as well as the Societe Generale incident mean GCC regulators must proceed with caution despite the boom in the region. That was the message from Central Bank of Bahrain (CBB) Governor Rasheed A More… |
