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Monthly Archives: September 2009

Barclays Capital launches enhanced FX Algorithmic Trading

Barclays Capital Launches Enhanced FX Algorithmic Trading Barclays Capital, the investment banking division of Barclays Bank PLC, today announced the launch of PowerFill+, a...

Russia becomes world’s biggest oil producer

For decades the world's major oil producers have tried to control prices by cutting or raising supplies, which relied on all of them sticking to agreed quotas. But unity...

Mohammed bin Rashid launches Dubai Metro

Vice President and Prime Minister of UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum has officially inaugurated in a...

The Address Dubai Mall hotel opens doors to new lifestyle experience

The Address Dubai Mall, a five star premium hotel linked directly to The Dubai Mall has opened doors to guests today, 9/09/09.

Equities trading volumes on NASDAQ Dubai rose to 175 mn shares...

Equities trading volumes on NASDAQ Dubai rose to 175 million shares in August 2009, up 80% from 97 million reported in August 2008. The increase...

UAE economic fundamentals provide cushion against crisis

The diverse vibrant and resilient fundamentals of the UAE economy have provided strong cushion against the adverse implications of the world financial crunch, H.H....

The Currency Report – U.S. Dollar

Dollar Falls to Lowest Level in 2009

Dubai Metro fare and zone structure

Dubai Metro is set to roll out it debut services on 09-09-2009 with 10 stations operational on the red line. Phil Blizzard looks at...

Quiet week ahead for Oil

Weak oil demand may continue to plague sentiment in the coming days. The oil market is likely to stay quiet. Looking ahead, the market may still...

RERA projects construction updates in Dubai

Almost three quarters of property developments in Dubai have made construction progress despite the economic slowdown, according to preliminary data from the industry's regulator....

Al-Bayan ownership shifts to Dubai Media Incorporated

The ownership of Al-Bayan Press, Publishing and Printing Establishment is to shift to Dubai Media Incorporated (DMI). H.H. Sheikh Mohammed bin Rashid Al-Maktoum, Vice...

Classes start for first students at Masdar Institute of Science and...

Classes start for first students at  Masdar Institute of Science and Technology, reported the official news agency WAM. Masdar Institute of Science and Technology,...

Dressed to impress, rooms and suites at The Address Dubai Mall...

1. Complimentary wireless Internet access 2. Complete 24-hour stay benefit for suite guests 3. Floor dedicated for health and relaxation amenities Exquisitely designed and set amidst the...

Pioneering laparoscopic ‘flex technology’ receives worldwide acclaim

A world leading laparoscopic device, which uses pioneering flex technology to offer surgeons better rigidity during delicate surgical procedures, has been described as an...

60 countries file nominations for Zayed Future Energy Prize

More than 350 nominations from over 60 countries have been received for the Zayed Future Energy Prize awarded by the United Arab Emirates (UAE),...

UAE’s foreign trade crosses AED 310bn in H1

UAE's foreign trade exceeded AED 310bn in the first half of the current year, reported the official news agency WAM. The imports during this period...

GIA India Launches ‘Business Excellence Series’ for Alumni

The Gemological Institute of America (GIA) recognizes that its graduates – who number more than 70,000 active members worldwide – are a vital component...