Dirhams & Dollars

Following a blockbuster week in the UAE featuring three key business exhibitions, this week was always going to feel quiet. Thankfully. That’s not to say that the gears of commerce are not already beginning to turn: This weekend is one of the biggest in the retail calendar. Here in the UAE, we have the annual White Friday sale. We discuss what this means for the e-Commerce market here, and whether Noon.com will need to start introducing big events of its own in the retail calendar if it is to keep pace with the well-established Souq. We also discuss the minutes of November’s Fed meeting and what, if any, implication it will have on December’s interest rate hike, and the Autumn budget set to be presented by the conservative government in Britain.