Wednesday 24 July 2013

Dubai’s the hottest place again for global investors this year « ArabianMoney

Dubai’s the hottest place again for global investors this year « ArabianMoney:

"With the Dubai Financial Market up 62 per cent in the year to yesterday’s close, housing rentals up the most in the world in the first half and house price gains also at the top of the league table, there is no doubt that Dubai is the standout investment hotspot of 2013.

Stellar gains on the S&P 500 pale into insignificance and the once mighty emerging stock markets of the BRICS have all stumbled badly this year. Only Dubai’s neighbor and capital city of the UAE federation, Abu Dhabi comes close with its bourse up 52 per cent."

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