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Monthly Archives: July 2010

Daman amnesty period ends July 27th

Expatriates in the emirate of Abu Dhabi have until the end of July 27th to renew their health insurance policies or subscribe...

Bank Stress Tests fail support the Euro due to questionable reliability

EUR/USD Last week's trading has led to a doji candlestick formation on the weekly chart indicating a potential reversal lower for the pair....

Drake & Scull International Abu Dhabi established a new company “CAMPCO...

In partnership with Buhairan Limited Company, Drake & Scull International Abu Dhabi has established a new company "CAMPCO Properties LLC". The main activities of "CAMPCO...

UPS 2Q earnings soar 71% on 13% revenue growth

Full-Year Guidance Raised; 2010 EPS Expected to Climb 45-50% UPS (NYSE:UPS) today announced diluted earnings per share of $0.84 for the second...

Systematic decline in marketing spending for real estate projects

The economic impact of the slump in real estate market on brokers is dramatic and results in systematic decline in marketing spending, not only...

Dubai World expects to complete the restructuring over the coming months

Dubai World (the “Company”) announces that it held a meeting in Dubai today with its creditor banks to present formally the proposed...

Landmark introduces rent payment by credit cards

Landmark property agency is now offering rent payment with credit cards for units in Dubai's Discovery Gardens, a method formerly uncommon on the...

Aswaaq takes on community commitment

Expanding its pledge to communities throughout Dubai, Aswaaq—the leading UAE local brand with international standards—is continuing its focus on CSR and...

Double-Dip Recession Is `Not Going to Happen’

Don Hays, founder of Hays Advisory Group, discusses his view of the European bank stress tests, the prospects of a double-dip recession and...

Advertising strategy that guarantees disaster

It is widely acknowledged that one of the principle factors behind the collapse of the American car industry was the insistent, year-on-year...

BCBGMAXAZRIA-owned French fashion store Manoukian opens in Dubai Mall

Manoukian, the French fashion brand, hosted its launch in the Dubai Mall on July 21st, receiving huge interest; The store...

Dubai World Presents Restructuring Plan to Creditors

Dubai World (the Company) announces that it held a meeting in Dubai today with its creditor banks to present formally the proposed restructuring plan...

Emaar Properties records 122 per cent growth in half-year net operating...

Half-year 2010 revenue increases 59 per cent to AED 5.538 billion (US$ 1.508 billion) Second-quarter net operating profit is AED 896 million...

Kids Olympic Games begins July 25 as stage set for battle...

Toddlers, children, and their parents are all set to star in a week of fun contests as the Kids Olympic Games begins on Sunday,...

Emirates delivers the goods with new service to Dakar

Fly Emirates - Book Now! With the launch of Emirates’ new route to Dakar now just six weeks away, the airline has unveiled...

United Arab Emirates supported by participating Governments to host Second Clean...

The United Arab Emirates received support by the 24 participating governments of the Clean Energy Ministerial (CEM) to host the second...

Emirates Cup brings fresh spurt of top football action

Fly Emirates - Book Now! The 2010 FIFA World Cup may be over, but the 2010 Emirates Cup is more than ready to lift...

Dubai Duty Free Wins ‘Brand of the Year’ From Superbrands

Superbrands Middle East today announced that Dubai Duty Free has won the 'Brand of the Year' at the sixth annual Superbrands tribute...