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Yearly Archives: 2009

Government of Dubai continues to meet all its contractual obligations

Statement from Dubai Department of Finance The Department of Finance, Government of Dubai, issued the following statement today in response to an inaccurate and misleading...

RAKBANK Achieves 13% Growth in First Quarter Profits

RAKBANK has reported a net profit of AED 160.37 million for the first quarter of 2009, a 12.7% increase over the same period last...

Statement by Emaar Properties

An Emaar Properties spokesperson: "No projects launched by Emaar Properties are currently on hold. All the developments are progressing and in line with Emaar's strategy...

UAE economy ‘to recover faster than other nations’

The UAE is expected to recover from the global financial distress faster than other economies given its enormous wealth and experience in crisis management,...

“No projects by Emaar Properties on hold”

An Emaar Properties spokesperson today said none of the company's projects is on hold. Following is the statement: "No projects launched by Emaar Properties...

Stocks Vs. Economy

Stocks bottom before the economy does.

Residents Confidence Low

The global economic downturn and the financial crisis that have hit Dubai, have a dramatic effect on its residents confidence in their own future...

Community Development Authority participates in seminar on ‘protection of human trafficking...

Held under the patronage of  His Highness Saif bin Zayed Al Nahyan, Minister of Interior The Community Development Authority (CDA) in Dubai participated in a...

Meltdown turns spotlight on Islamic finance

The failure of major investment and commercial banks that helped trigger the global recession has led some experts to look for other ways of...

UAE Economic & Strategic Outlook

Since the past few years, UAE’s economy had been performing exceptionally well on the back of surge in oil prices and strong growth in...

World’s 50 Best Restaurants

 

The World

The World is a man-made archipelago of 300 islands constructed in the shape of a world map and located four kilometres off the coast...

Speeding responsible for 80pc of traffic accidents: RTA

Roads '&' Transport Authority (RTA) called on motorists and road users to comply with the prescribed speed limits and refrain from reckless driving which...

Mohammed bin Rashid Al Maktoum Foundation, six US Universities sign MoUs

The Mohammed bin Rashid Al Maktoum Foundation today announced it signed Memorandums of Understanding (MoUs) with six prominent universities in the US for its...

DED to launch comprehensive business registration guide for investors in Dubai

The Business Registration and Licensing Division at the Dubai Department of Economic Development (DED) will issue a comprehensive guide on the various procedures relating...

UAE’s First Female Pilot

When it comes to chosing a career - becoming an airline pilot might seem a pretty glamorous choice. But earning your wings takes time,...

Oil Bulls vs. Bears

Inventories at Nineteen Year High and Demand at Eleven Year Low; On the Other Hand, OPEC Has Cut Output and China Raises Demand

Emaar Hospitality Group and ‘A Helping Hand’ to host annual charity...

Funds to support relief work in Gaza Emaar Hospitality Group has joined hands with ‘A Helping Hand,’ the charity group at The American School of...