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Monthly Archives: May 2011

Study reveals incremental innovation key to competitiveness

87% of companies have increased product range India and China dominate sales focus globally Despite the global recession, 87% of companies have grown their portfolio of...

Correction in gold and silver went too far

Silver hit a string of 31-year highs for most of the year, but the rally ended abruptly last week, when repeat margin-requirement increases squeezed...

DAMAC Properties granted approval to process transactions for the re-sale of...

Leading independent property developer, DAMAC Properties, has been selected by the Dubai Land Department as one of few developers to be granted access to...

Forbes Middle East: A map for new investments

"Forbes Middle East" has provided in its seventh edition an in-depth study of the free-zones, highlighting the features of these areas and the important...

MENA stock markets’ outlook still one of the sizable risk

In a sea of governmental change among many of the Arab countries in the Middle East and North Africa, stability and investment opportunities will...

Service charges remain high in Dubai

Service charges and fees charged by developers in Dubai continues to be unsustainable high. Maintenance fees at several locations, including Downtown Dubai is rather...

Palazzo Versace Construction Update

Palazzo Versace Dubai is being developed on 130,000 square meters, once completed it will include, restaurants, spa, 188 condominium residences, penthouses, 148 hotel rooms...

The Dubai Mall hosts month-long ‘Electronics Promotion’

Shoppers who spend AED 200 at electronic retailers stand to win LED television, Blu Ray player, home theatre system and a grand prize...

CrossTalk on Osama: Was War Worth It?

Has Osama Bin Laden's death made the world better and safer? Was justice done? Is the War on Terror coming to an end or...

DFMGI dropped 0.71%

Dubai Financial Market General Index (DFMGI) dropped 0.71%, or 11.5 points, to 1618.23, snapping yesterday’s uptrend. The index hit session peak and low at 1631.57...

Signaling region’s economic recovery

Rashed Al Baloushi, Deputy CEO of Abu Dhabi Securities Exchange (ADX), confirmed that the UAE capital markets had overcome the consequences of the global...

Weleef Home Care Programme for Elderly

Under the patronage and presence of His Highness Sheikh Mansour Bin Mohammed Bin Rashid Al Maktoum, the Community Development Authority (CDA) in Dubai launched...

UAE demand for fabricated aluminium to grow 9 per cent annually

UAE holds 24 per cent of GCC’s total building construction projects Construction spend to hit USD 25 billion in 2011 Demand for aluminium extruded products to...

ADNEC bags “Middle East’s Leading Exhibition Centre” honour

ADNEC (Abu Dhabi National Exhibition Centre) was named “Middle East’s Leading Exhibition Centre” at the World Travel Awards 2011 Middle East ceremony held on...

American Express® Middle East launches ‘Choose your Prize’ campaign

Campaign to make using American Express Cards even more rewarding Monthly raffle draw gives Cardmembers flexibility to select prizes that match their lifestyles In line with...

Reel Cinemas launches loyalty programme for movie-lovers

Reel Cinemas, the premier cinemas managed by Emaar Retail LLC at The Dubai Mall and Dubai Marina Mall, has launched a loyalty programme, called...

The Aesthete: Next Celebrity Chef

Dimo Valev works as Marketing Manager at Media Cast in Dubai Media City. He is born in Bulgaria, in the early seventies, where he...

New law for expatriate workers coming to the Emirates

Expatriate workers coming to work in the UAE will have to first get their medical tests done in their home countries, according to the...