UAE’s first gold bullion coin unveiled in Dubai
In recognition of the visionary leadership of His Highness Sheikh Khalifa Bin Zayed Al Nahyan, President of the United Arab Emirates and his His...
Celebrate Ramadan with exquisite cuisine at Souk Al Bahar
Special Ramadan offers to suit every palette
Featuring a range of F&B outlets from family restaurants, chic café concepts, and waterfront dining
Bask in the spirit...
IDG Connect launches IT White Paper Library App for iPad
IDG Connect has created a new iPad app which gives users full access to its global IT white paper library. This application is free...
Sukuk market for GCC companies continues to expand
According to a report by the Kuwait Finance House (KFH), sukuk issuance worldwide amounted to about US $5 billion in July, down from the...
Key trends in Residential sales across Dubai, Abu Dhabi in Q4
As Landmark Advisory predicted, there has been a solid rise in interest in residential sales across Dubai in certain established and prime residential areas...
DGCX volumes cross two million mark in 2011
76% increase on YTD volume compared to 2010
The Dubai Gold and Commodities Exchange (DGCX) today announced that its year-to-date (YTD) volumes surpassed the two...
Chameleon Club is opening in Tecom, Dubai
Opening in September and situated at the Byblos Hotel in Tecom, The Chameleon Club is the latest breathtaking addition to the UAE nightlife scene.
The...
Asians turn to gold to see through market turmoil
Volatile markets and fears about Eurozone debt mean many people are turning to 'safe haven' investment gold across Asia. Goldmerchants are overwhelmed by the...
Young Arab Leaders to Attend Annual United Nations Youth Assembly
Fifteen Arab delegates from around the Middle East were among the 600 young leaders attending the Annual United Nations Youth Assembly (UNYA) as part...
S&P Downgrades US Credit Rating
UAE Central Bank Statement on U.S. Public Debt
The United States has lost its coveted top AAA credit rating. Credit rating agency Standard & Poor's...
HSBC to cut 30,000 jobs worldwide
International banking giant HSBC confirmed on Monday it would cut a further 25,000 jobs between now and 2013 as part of a broader cost-cutting...
U.S. strikes deal on debt ceiling; Markets rally
In the U.S., President Barack Obama and congressional leaders announced a historic agreement on emergency legislation to avert the country's first-ever financial default.
The resolution...
Commercial Bank of Dubai offers privileges for ‘Dubai SME 100’
Dubai SME, the agency of the Department of Economic Development (DED), Government of Dubai, entrusted with the development of the small and medium enterprise...
Notable Opportunity for Silver
Silver price stalled for the second week running as it battled around the $40 mark to post a decline, breaking a run of three...
Short Term Solutions – Long Term Problems
US still risks default and downgrade
Euro zone buys time
Few drivers of growth surprises- major economies still struggle
Equities are likely to see selling pressure
A positive-...
Ramadan Working Hours
Mohammad Obaid Al Qattami, Minister of Education and Chairman of the Board of the Federal Authority for Human Resources (FAHR) has issued a circular...
Emaar Properties records first-half 2011 net operating profit
Revenue for the first six months of 2011 is AED 4.014 billion (US$ 1.093 billion)
Second-quarter 2011 net operating profit of AED 422 million (US$...