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Monthly Archives: February 2009

Junior Open Tennis Tournament

Sanofi-aventis and Al Nasr Leisureland launch one month sports campaign for kids to promote fitness Last chance to register for the ‘Lets Move Together’ Junior...

The big winner at this year’s Academy Awards

"Slumdog Millionaire" was the big winner at this year's Academy Awards ceremony. The rags-to-riches saga of the Mumbai slums picked up a total of...

Finance House subsidiary to launch Fund to finance UAE private sector...

Finance House, through its DIFC-registered subsidiary, FH Capital Ltd, today announced that it intends to launch the FH Special Opportunities Fund (SOF), with a...

Dubai developers can utilise $2.2 bln escrows

Dubai developers have access to up to $2.2 billion from escrow accounts to cover construction commitments, the emirate's property regulator said in a strategy...

Wall Street Exchange participates in National Career Exhibition at Expo...

Wall Street Exchange, the financial services arm of Emirates Post Group, highlighted employment opportunities for Emirati job seekers at the four-day National Career Exhibition...

Schools cannot force the parents to pay any fees in advance

The Licensing department of the Knowledge and Human Development Authority (KHDA) has in the past week received parent complaints about several schools invoicing them...

Dubai: Is the party over?

Riz Khan TV Show

Set sail for Spring with Giordano

This season, bold stripes and bright colours create the nautical look All aboard this spring as Giordano brings alive the nautical look with solid stripes...

UAE signs defence contracts worth over Dh 12 bn at IDEX

The UAE has struck contracts in the tune of Dh 12.3 billion on the third day of the 9th International Defence Conference and Exhibition...

Dubai Fashion Week begins from April 5

Organisers of Dubai Fashion Week (DFW),Concept Events, announced details about the Autumn/Winter 2009 (AW09) season to be showcased between April 5th – 9th this...

Escrow (Trust) Account – Explained

Escrow Account explained by consultant from Vispiron Properties Escrow or Trust Accounts are Bank Accounts set up in the name of the project, a client...

UAE announces Dh 3 billion deals at IDEX

The UAE announced today its armed forces have struck a series of defence contracts worth over Dh 3 billion, reported the official news agency...

Economists, businesspersons upbeat about high credibility of Dubai economy

Economists and businesspersons are upbeat about the launching of US$20 billion long term bond programme by Dubai Government, saying the move reflects the UAE...

Dubai Government launches a USD20 billion long term Bond Programme

As part of its long term financing strategy, Dubai Government today launched a USD20 billion Long Term Bond Program, the first issuance of which,...

Aladdin and the Magic Lamp

For the First Time in Abu Dhabi & in Favor of Autism From 12 – 16 April 2009 Exclusively in the United Arab Emirates, Middle...

UAE amends terms for key lending facility

The United Arab Emirates Ministry of Finance has amended the terms of its liquidity facility for banks, curbing the state's ability to convert the...

DFM Weekly Roundup

Throughout the week, the Dubai Financial Market General Index increased by 6.12%, gaining a total of 92.38 points tto close at 1 601.24 points,...

Property Sales worldwide fell nearly 60 per cent in 2008

The latest comprehensive report  Global Capital Trends™, published by Real Capital Analytics, Inc. reveals that as perceived risk increased and lending decreased throughout 2008,...