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“We remain in a period of high abnormality” said Glyn Owen, Head of Multi Asset Managers, Momentum, at their Think Tank in London, last week. “Low interest rates, low inflation and low growth add up to a global balance sheet which is in recession,” he expanded.

How odd is our current abnormal? When the Swiss government offers you negative returns,


Halloween: Don’t be scared of the cost

It’s Halloween this week and both the young and “not so young” will be indulging in some spooky, scary fun. But don’t have to give your bank manager a scare by buying an expensive costume which you won’t wear next year: rather hire one.

But, there are options around the home that can be thrown together at the last minute. Steve Gregory, managing


Dubai stocks end lower, Abu Dhabi shares gain

Dubai: The Dubai Financial Market (DFM) index fell on Monday in line with global stock markets which reacted negatively to Hurricane Sandy which can potentially create havoc on the US east coast. The investors booked profits fearing greater downside risks as the market index has already fallen below the psychological support level of 1,650.



Etihad Rail members discuss network routes

Abu Dhabi: The Federal Government Coordination Committee for Etihad Rail — the master developer and operator of the UAE’s national railway network — met recently to discuss the route of stages two and three of the rail network and the process for ensuring the necessary land allocation to connect the country’s ports, industrial areas and urban commu


Customers spending more on Halloween than last year

Dubai: Costume and candy stores are carving out ‘spook-tacular sales’ for Halloween this year as customers hunt for last-minute purchases after the Eid holidays.

Jayne Eastland, managing director of Mr Ben’s Costume Closet, said sales were initially slow during the Eid holidays.

“Now that Eid is finished, it’s starting to pick up


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About Us

Abatera Tours is an expert destination management company that covers all aspects of inbound tourism business including FIT Travel, Leisure groups and Meetings, Incentives, Conferences & Events (MICE)...

Our Location

Office No: 302 Wasel Business Centre
Near port Saeeed Etisalat Office Deira, Dubai.

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