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Dubai Chamber Market Tracker - December
With the prospects of slowdown in the global economy growth rate, UAE and Dubai markets have shown some signs of resilience. The 30th issue of the Dubai Chamber market tracker shows that, UAE's trade with China and Japan posted a positive growth in the month of November 2011, while its trade with Germany and the US slightly declined compared to the last month. The activity in the money market as reflected by the trend in the EIBOR rates is still weak and slow, however, UAE bank's capital position is robust. The issue also highlights the recent recovery in the US and global stock markets and prospects for investment in some sectors of the US stock market.
Published On january-2012 Author(s) Economic Research Dept.
Dubai Chamber Market Tracker - November
As 2011 is coming to an end and the world economy is showing fragile recovery, UAE and Dubai markets are responding to the global markets forces. Nov.2011 issue of Dubai Chamber tracker reveals that, the general Consumer Price Index (CPI) in Dubai for October rose slightly on monthly basis. Gold prices peaked in late October. Recent price trends suggest that gold prices may be weakening. UAE’s trade with the US and Germany posted a positive growth in the month of October, 2011, while its trade with China and Japan slightly declined compared to the last month. The capital market tracker analyses the performance of regional and global equity markets, prospects for stock investment in the emerging market of Turkey, while also discussing the possibility for investment in the Government Bond market in the emerging economy of Indonesia. Finally, indicators of UAE money market are showing some signs of stability. As UAE banks loans and advances increased slightly, the 3-month EIBOR rate started to increase slightly in Dec.2011 reflecting revival in demand as result of slow rebound in economic activity. In Oct. 2011, UAE banks regulatory capital requirements and provisions for bad loans remained at the same rate and levels of Sept.2011.
Published On December-2011 Author(s) Economic Research Dept.
Dubai Chamber Market Tracker - October
This issue of the Dubai Market tracker highlights the position of Dubai and UAE as a major hub for debt issuance and the possibility of attracting more GCC debt issuance to Dubai. It also shows that UAE trade performance continues to grow at robust rates throughout August 2011. In addition, interbank rates are stabilizing at low rates and Dubai inflation rate remained subdued in Sept. 2011.
Published On November-2011 Author(s) Economic Research Dept.
Dubai Chamber Market Tracker - September
The latest Dubai Chamber’s Market Tracker highlights UAE trade with its major trading partners which continue to show an upward trajectory. Dubai inflation in August meanwhile continues to moderate while gold and oil have begun a gradual descent. EIBOR rates in Sept. 2011 have stabilized around the same level as the previous month reflecting the low-cost borrowing environment. The issue also explores developments in Dubai’s Financial Markets. Finally, the issue highlights the trends in South Korean stock exchange as well as Chinese Yuan based debt instruments.
Published On Septmeber-2011 Author(s) Economic Research Dept.
Dubai Chamber Market Tracker - august
The uncertainty over the global economic recovery, which triggered by sovereign debts in Europe and US downgrading, has negatively impacted the performance of global markets. The 26th issue of Dubai market tracker, shows that the performance of the UAE and Dubai markets are affected by the global uncertainty. Tracking Dubai capital market , it is shown the falls in global stock markets may have impacted the Dubai Financial Market (DFM). In addition , the issue monitors the Indonesia stock market and the potential for its future performance. The issue also shows that UAE’s trade with its four major partners continues to follow its normal upward trajectory through the end of June 2011. UAE inflation rates are relatively stable in August 2011. The Gold prices rose markedly over the past month while oil consolidated its gains. The UAE money market shows signs of stability. Despite the still declining interest rates, lending activity is still weak.
Published On August-2011 Author(s) Economic Research Dept.
Dubai Chamber Market Tracker - July
The UAE and Dubai economies are rebounding with different signals of recovery. The 25th issue of the Dubai chamber market tracker is pleased to have an additional page that tracks UAE foreign trade on monthly basis. Showing that, after a notable decline in 2009,UAE foreign trade with four major trading partners has witnessed a strong recovery in the current year. The capital market page analyses developments in the DFM, prospects for stock investing in the emerging economy of Chile and the prospect of Sukuk as an investment vehicle. Inflation trends in Dubai shows that in June 2011, Dubai general price index slightly increased on annual basis. categories that have witnessed the highest annual increases in June 2011 are Restaurants and Hotels , Transportation and Food & Beverages. Finally the money market indicators are showing some stability in the market conditions as compared to previous months.
Published On July-2011 Author(s) Economic Research Dept.
Dubai Chamber Market Tracker - June
Amid the fragility of economic recovery prospects in the MENA region and the Euro zone, this issue of the market indicates that the downward correction to crude prices has been driven by the release 60 million barrels of strategic reserve into the markets coupled with the growing prospect of the end of quantitative easing (QE) in the US in the latter half of 2011. The general Consumer Price Index (CPI) in Dubai for May, meanwhile, rose modestly relative to April this year. In addition, the issue indicates that all signs of healthy economic recovery in the UAE are showing up as manifested by the stability in the UAE money market main indicators. Finally the capital market tracker of June issue explores recent developments in the DFM, prospects for equity investments in key sectors in the Saudi Tadawul market and important Sukuk expected to be issued by UAE and foreign issuers.
Published On June-2011 Author(s) Economic Research Dept.
Dubai Chamber Market Tracker - May
Commodities retreated last month pulling back some of the gains made earlier in the year - oil prices are expected to continue to moderate slightly as world demand shows signs of waning. Inflation in Dubai increased moderately in April. This issue of the tracker also looks at developments in the UAE money markets, including increase in bank assets, in bank lending and money supply. It also looks at some possible future prospects for UAE and global stock markets, the attractiveness of some DFM sectors based on the analysis of financial ratios and prospects for long-term corporate bond investments in the growing economies of Asia.
Published On May-2011 Author(s) Economic Research Dept.
Dubai Chamber Market Tracker - April
The UAE economy is showing signs of rebound since the last quarter of 2010. The sustainability of the recovery is conditioned by low inflation rates. This issue of Dubai chamber tracker shows that the general Consumer Price Index (CPI) for Dubai in March 2011 fell modestly compared to February despite the continued rise in OPEC oil prices and gold prices. This issue discusses the major developments in UAE sukuk market and the repercussion of the US S&P500 stock index. The issue also highlights the major trends in the UAE money market the gradual improvements in its credit market.
Published On April-2011 Author(s) Economic Research Dept.
Dubai Chamber Market Tracker - March
As the UAE economy started to recover, the UAE macro-economic indicators started to pickup accordingly. In this issue of March 2011, the Dubai general price index (CPI) has modestly increased in February 2011, while OPEC oil prices and gold prices continued their upward trend. In addition, the issue shows that all money market indicators started to improve. Finally, the capital market tracker looks at recent developments in the Dubai Financial Market (DFM) and risk and return prospects in emerging stock markets.
Published On March-2011 Author(s) Economic Research Dept.
Dubai Chamber Market Tracker - February
With the start of the 2011 commodity prices started to pickup markedly. That can be attributed to many factors among which the solid global economic recovery and increased real demand. On the other hand, geopolitical reasons have also added to the increase in speculative demand putting more pressures on commodity prices, especially the political unrest in the some of the MENA region countries. This issue of the Dubai chamber market tracker highlight the developments in these markets. In addition, developments in the Capital Market looks at the reasons for the recent performance of the DFM General Index, the high valuations in emerging markets and discusses where UAE investors might find potentially lucrative long-term investment opportunities.
Published On February-2011 Author(s) Economic Research Dept.
Dubai Chamber Market Tracker - January
With the beginning of 2011, commodity prices started to shoot up again with the exception of gold prices. Moreover, equity asset prices started to pickup in the global exchange markets. This issue of the Dubai chamber market tracker, looks at the performance of the DFM, investment prospects in the technology sector and ways to improve the attractiveness of Dubai as a centre for MENA region debt issuance. In addition, the issue monitors the trends in Dubai general price index on monthly and annual basis. Finally, it looks at the global trends in the gold futures and oil prices.
Published On January-2011 Author(s) Economic Research Dept.
Dubai Chamber Market Tracker - December
This issue shows that inflationary pressures are still subdued in Dubai as indicated by low general price level index. Commodity prices (oil &Gold) continued their upward rally in December 2010. Positive news are revealed by data from the money market indicators, mainly the decline in the EIBOR rate for the fourth consecutive month and the close of the funding gap of the UAE banking sector for the last consecutive months. Finally , The issue explores sector changes in the DFM over the past 4 months, performance of regional and global markets and outperformance of Sukuk markets.
Published On December-2010 Author(s) Economic Research Dept.
Dubai Chamber Market Tracker - November
In monitoring Dubai general price level, it is noted that inflationary pressures seems to be subdued in October 2010.The issue also discusses the decline in the 3-months EIBOR rate for the last three month. It also, shed the light on the closing of the UAE banks funding gap for the first time in 26 months. The Capital Market review of this issue examines the short and medium term volatility in financial markets and possible scenarios for the future and discusses the development of the GCC Sukuk market and the possibility of diversification in asset portfolios, through the addition of Sukuk.
Published On November-2010 Author(s) Economic Research Dept.
Dubai Chamber Market Tracker - October
This issues highlights the improvement in the UAE money market operations. On the product market side, the issue monitors the upward trend in most of the commodity prices and the prevailing inflation rate in Dubai . finally, the issue looks at the rising value the Dubai Financial market index which comes at a time when international indices have generally shown good performance, and also takes a look at international debt outstanding by selected GCC countries.
Published On October-2010 Author(s) Economic Research Dept.
Dubai Chamber Market Tracker - September
This issue investigates the trends in Dubai Consumer Price Index which showed signs of increase in almost all the categories that constitute the index. In addition the issue, monitor the movements in the gold price during September 2010.
On the Money Market page we will look at the causes behind the slight decrease in the interbank lending rate. The Capital Market page highlights the upturn in Dubai stock market index, in line with recent rallies in international stock indices and the diversification benefit of the GCC Sukuk market.
Published On Septmeber-2010 Author(s) Economic Research Dept.
Dubai Chamber Market Tracker - August
This issue discusses the weakening in the major international stock markets including the DFM. It also shed light on the greater issuance in the global sukuk market. The product market tracker shows that the Consumer Price Index in Dubai continues to sway at almost the same level as May and June in July 2010 as well. The money market trends in July show signs of improvement and progress
Published On August-2010 Author(s) Economic Research Dept.
Dubai Chamber Market Tracker -July
This issue analyzes the volatility in international stock markets, impact on the DFM and prospects for the future based on similar episodes in the performance of stock markets. For the UAE money market, the regulatory Capital Adequacy Ratio (CAR) set by the UAE central bank for commercial banks is raised to 20.4% in June 2010. The Funding gap for the UAE banks started to narrow in June 2010. The product market section, analyses the soft paced price trends in Dubai including the oil and gold prices that are trending low along with their outlook in the coming months
Published On July-2010 Author(s) Economic Research Dept.
Dubai Chamber Market Tracker -June

Published On June-2010 Author(s) Economic Research Dept.
Dubai Chamber Market Tracker -May
This issue shows the continued volatility in price levels and uncertainty in the commodity markets following sovereign debt issues and yet unclear sign of revival. the issue also analyses the correction in the DFM, regional and global indices in light of increased volatility in global financial markets and falling value of the Euro against the US dollar. In the money market, EIBOR continued its rise for the fifth consecutive months. Tightening regulatory standards manifested in high Capital Adequacy Ratio and high provisioning requirements.
Published On May-2010 Author(s) Economic Research Dept.
Dubai Chamber Market Tracker -April
This issue focuses on softly treading inflation level in Dubai, some fragile signs on rebound in crude oil market, early consolidation in Dubai financial market amidst uncertainty about future market direction, increase in short term interest rates and rising capital adequacy ratio of banks in UAE.
Published On April-2010 Author(s) Economic Research Dept.
Dubai Chamber Market Tracker -March
This issue will shed light on the edging up of price levels in Dubai which are expected to continue on upward trail at soft pace in coming months. The issue will also discuss the reasons behind the increases in the EIBOR rates across all maturities and the concomitant signals of liquidity shortages in the banking system.
Published On March-2010 Author(s) Economic Research Dept.
Dubai Chamber Market Tracker -February
This issue gives an overview to the performance of the money market in 2009 as compared to 2008. It discusses also the decline in the general price level in December 2009 and the forecasted increase in oil demand in 2010 and 2011 at the back of increases of picking up of the industrial production of the some key economies. Finally , the issue reveal the stability in the DFM general index for the last three months.
Published On February-2010 Author(s) Economic Research Dept.
Dubai Chamber Market Tracker -January
This issue shows that with the reviving economic activities domestically and internationally, inflationary pressures are expected to edge up. The issue also shows that the negative investors perceptions lead to the drop in the DFM general index. And finally, the issue shows the risk aversion behavior of the UAE banks in extending credit and loans and the UAE banking sector continuous recapitalization efforts.
Published On January-2010 Author(s) Economic Research Dept.
Dubai Chamber Market Tracker -December
This issue analyses the dwindling price trends in the economy, highlights reasons behind the decline in the gold prices, improvement in the banking operations and the sustained recovery in the DFM index.
Published On December-2009 Author(s) Economic Research Dept.
Dubai Chamber Market Tracker -November
This issue analyses the increase in commodity prices and general price level, consolidation in financial market and decreasing EIBOR rates in the economy
Published On November-2009 Author(s) Economic Research Dept.
Dubai Chamber Market Tracker -October
This issue discusses rising inflationary levels, recovery in DFM index and easing of liquidity conditions in the money market
Published On October-2009 Author(s) Economic Research Dept.
Dubai Chamber Market Tracker -September
The issue covers in detail the edging up of inflationary levels and rising money supply in the economy along with drop in DFM index.
Published On September-2009 Author(s) Economic Research Dept.
Dubai Chamber Market Tracker -August
The issue highlights bullish sentiments in the crude oil market, conservative funding policy of banks in UAE and low dividend yield for the DFM
Published On August-2009 Author(s) Economic Research Dept.
Dubai Chamber Market Tracker -July
This issue discusses the relatively stable price trend, improving market sentiments in the economy and dynamics of the Dubai Financial Market Index in July.
Published On July-2009 Author(s) Economic Research Dept.