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Yearly Archives: 2009

Al Habtoor Leighton Group & partners withdraw from Dubai Airport Concourse...

The Al Habtoor Leighton group and its joint venture partners Murray & Roberts and Takenaka had come to a mutual agreement with the Dubai...

Empty Quarter to host exhibition of acclaimed Swiss-French photographer, Corinne Vionnet

The Empty Quarter today announced that it will host “Photo opportunity”, an exhibition of the works of acclaimed Swiss-French Photographer, Corinne Vionnet at its...

Seagate delivers next-generation hard drives for digital video surveillance systems

Seagate SV35.5 Seriesâ„¢ hard drives are optimized for continuous 24x7 use with capacities up to 1TB Seagate (NASDAQ:STX) today introduced its Seagate SV35.5 Series hard...

Dubai attracts major petrochemical companies from SE Asia

1. Top three SE Asian petrochemicals and plastics producers begin operations from DMCC Free zone 2. Middle East plastic feedstock expected to grow 172 per...

Emirates increases support of cricket and India

Emirates, the Dubai-based global airline, strengthened its commitment to the cricket world and to India on Saturday; by becoming the Main Sponsor of the...

Dubai property authorities to clarify default rules

A new real estate law amendment is to be introduced in Dubai to clarify what happens when a property buyers defaults on payments. At present...

Thiptara at The Palace – The Old Town offers finest Thai...

Exquisite location overlooking Burj Dubai, The Dubai Fountain and the newly filled lake at Downtown Burj Dubai The Palace - The Old Town, one of...

Local jobs for Local people – Emiratisation

Tens of thousands of ex-pats have been laid off in the UAE and around the rest of the Gulf. But a new law in...

DMCC to host international gold forum in Dubai

1.‘DMCC Gold Convention’ to be held on April 27 at Atlantis, The Palm 2. Gold commands attention with investment demand registering 27 per cent increase...

The Crash of 2008 and What It Means

An excerpt of interview George Soros of Soros Fund Management with Bloomberg News Kathleen Hays.

The new unofficial Dubai Rental Index released

The Dubai Real Estate Regulatory Authority (Rera) released the new rental index, which was expected to show a 10 to 15 per cent drop...

Municipality plans new projects to improve infrastructure

The Dubai Municipality plans to complete several landscaping projects over 283.6 hectares in the city. The projects will improve the city's infrastructure through cultivation...

U-turn in car parking legislation

The Dubai Land Department has revised legislation that was to force residents to pay for a car parking space with newly acquired property following...

Construction costs have dropped to 2003 levels

Should property prices be decreased in line with the reducing costs of building materials? A softening in prices of building materials is expected to kick...

Istithmar World Investment Management (Dubai) Limited to operate from DIFC as...

To focus on private equity and alternative investment opportunities Istithmar World, the investment arm of Dubai World,  today announced that its investment management entity, Istithmar...

Foreign investors net DFM buyers by AED 16.29 mln

Non-Arab foreign investors bought shares at a net value of approx. AED 58.69 million on Dubai Financial Market (DFM) today, while their sell transactions...

IMF to have expanded role after G20 summit

The G20 has decided to spend more than a $1 trillion to stimulate the world economy, and its members said they would expand the...

RTA to open phase IV of Jumeirah Lakes Towers

Dubai's Roads '&' Transport Authority (RTA) opens today (Saturday 04/04/2009) Phase IV of Jumeirah Lakes Towers Interchange (Interchange 5.5) on Sheikh Zayed Road. The Project...