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Globaleye’s CEO, Tim Searle, was recently invited to be a guest on Dubai’s premier radio station, Dubai Eye 103.8FM, to discuss figures released by a consultancy firm in Dubai which show that 85% of residents are ‘in debt’.
Across the UAE, residents have adopted belt-tightening measures in response to the global economic downturn. The results of a survey commissioned by The National newspaper show consumers have become more conscious of their spending habits and debts, with many people delaying major purchases. 
Graham Bibby, CEO and CIO of Richmond Asset Management, recently presented a highly successful breakfast seminar in Dubai on the popular topic of the global financial crisis and how, through proactive management and a risk reduction methodology, it is still possible to outperform the markets during periods of financial downturn. 
Globaleye Wealth Manager, Caroline Dredge, recently embarked on a challenge of a lifetime to raise funds for local UAE charity Gulf for Good. Caroline, who is based in our Abu Dhabi office, was one of twenty participants who travelled to Tanzania to climb the world’s largest freestanding mountain, Kilimanjaro. 
“Following the worst global financial crisis since the Great Depression, global investment markets have rebounded... is this the new recovery or just a bounce before we go lower?”Globaleye Services
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