Arun Panchariya UAE
0 view | +0 today
Follow
Your new post is loading...
Your new post is loading...
Rescooped by Harry stiffen from InfoBlazeME
Scoop.it!

85% home finance to buy property in Dubai: Countdown begins... 21 days to go

85% home finance to buy property in Dubai: Countdown begins... 21 days to go | Arun Panchariya UAE | Scoop.it
Mortgage pre-approval letters issued by banks for 85 per cent will not be valid from December 1: Banker

Via InfoBlaze
more...
No comment yet.
Scooped by Harry stiffen
Scoop.it!

Why Arun Panchariya believes Kenya can survive despite global economic crises

Why Arun Panchariya believes Kenya can survive despite global economic crises | Arun Panchariya UAE | Scoop.it

It is quite surprising that a seasoned veteran in international finance such as Arun Panchariya actually supports the idea that the African country Kenya will be able to bounce back despite the economic crises being felt throughout the globe and especially in Western countries. Mr. Panchariya puts forward several reasons for his optimism about Kenya.

Harry stiffen's insight:

First, Mr. Panchariya thinks that Kenya has what it takes to become a key exporter of oil and gas products given the recent discovery of significant oil and gas resources within the country. This also means that Kenya can stop importing its oil and gas from other countries because it will have the means to support local and international demand for these petroleum products.

Second, Kenya will be considered more “credit worthy” now that it apparently has enough oil and gas reserves. This could be the shot in the arm that Kenya’s economy needs to jumpstart business.

Third, Mr. Panchariya believes that Kenyan industries will be able to finally compete better with the China-made goods that had previously flooded its markets. Previously, these Chinese goods seemed to signal the death of Kenyan businesses because the Chinese products were cheap. However, because of currency adjustments and the impact of inflation on the Chinese economy Mr. Panchariya believes that Chinese products will eventually become more expensive compared to the present. This means that Kenyan businesses will reach competitiveness much easier.

 

http://finance.yahoo.com/news/arun-panchariya-principle-global-finance-105700795.html
more...
No comment yet.
Rescooped by Harry stiffen from Dubai Finance Markets
Scoop.it!

Foreign investors push first home buyers out of property market - ABC Online

Foreign investors push first home buyers out of property market - ABC Online | Arun Panchariya UAE | Scoop.it
Foreign investors push first home buyers out of property market ABC Online Chinese interest in Australian residential property is booming, with chief executive of McGrath Estate Agents John McGrath describing it as the biggest surge from an...

Via Elysian Fx
more...
No comment yet.