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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...
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...
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...













