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Havens up amid N Korea threats

Bloomberg A risk-off tone gripped markets on Wednesday, with gold, the Japanese yen and bonds rising as ten- sion grew between the US and North Korea. European stocks slumped following declines across most of Asia. The yellow metal headed for its largest increase in two months while the yen and Swiss franc posted the biggest gains among G-10 currencies after ...

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Mideast stock markets outperform EM Index

DUBAI / Reuters Middle Eastern stock markets generally moved sideways in quiet trade on Wednesday, outperforming other emer- ging markets, though Dubai theme park operator DXB Entertainments sank because of poor first-half earnings. The Gulf has underperformed global emerging markets this year, hit by low oil prices and government austerity policies. But this may have left the Gulf less vulnerable ...

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Dubai realty deals reach AED390bn in 18 months

Dubai / WAM Dubai Land Department (DLD) announced that the total value of real estate transactions excee- ded AED390 billion across 95,000 transactions in the 18 months from January 1, 2016 to July 31, 2017. Commenting on the results, Sultan Butti bin Mejren, Director General of DLD, said, “These figures demonstrate an atmosphere of optimism across the real estate market. ...

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