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Monthly Archives: June 2011

Gold tanked on dollar strength and crude selloff

Gold declined strongly this week following a slight rise in the week prior. Gold was doing reasonably well until Thursday and Friday where the yellow...

Gold:silver ratio widening, at around 43.4

Silver fell to close the week below the $35–the lowest weekly since the week beginning February 28 as the white metal declined more than...

Dubai Government offices support SMEs with AED40 million worth contracts

Government departments in Dubai have demonstrated their support to the small and medium enterprises sector by providing procurement contracts worth over AED40 million in...

Auto loans interest rates 2.99 per cent this summer

Reduced rates applies to salaried, non-salaried, self-employed and corporate customers, as well as new-to-bank account- holders Valid on all new and used vehicle purchases...

Ernst & Young named ‘Best Accountant – Auditor’ by Banker ME

Ernst & Young was named as the ‘Best Accountant – Auditor’ in the Middle East region at the Banker Middle East Industry Awards 2011

Launch of Arabic version of Sphere Handbook 2011

The Sphere Project, a leading initiative promoting quality and accountability in humanitarian work, launched today the Arabic version of the 2011 revised edition of...

Global companies positive on future for business in Middle East

Six months on from the start of the Arab Spring, businesses around the world say they are positive about the future for business in...

Wasl Properties launches tailor-made solutions for owners associations, private landlords

Wasl properties has announced the launch of a new service dedicated to provide full management services for owners and private landlords in Dubai and...

Wealth management firms revise approach to high net worth individuals

Wealth management firms and advisors need to provide a broader and more integrated set of capabilities to meet the complex needs of today’s high...

Emirates NBD opens new branch in Muraqqabat

Largest branch in Deira to serve busy business district Offers Retail, Priority and Business banking services under one roof Emirates NBD, a leading bank in the...

UAE Investment Map highlights strategic opportunities for global investors

His Excellency Eng. Mohammed Ahmed Bin Abdul Aziz Al Shehhi, Undersecretary of the UAE Ministry of Economy, today, announced the launch of the UAE...

65% of MENA executives predict increase in cleantech investments over next...

65% of MENA executives polled expect an increase in cleantech investments over the next five years. This is according to Ernst & Young’s MENA...

Outlook for precious metals remains bullish

Head of Precious Metals at Emirates NBD addresses Dubai Gold & Jewellery Group General Assembly Emirates NBD serves as sponsor of annual event Primarily as a...

Registration open for summer activities at Dubai Public Library

The programme encompasses a wealth of educational experiences, spanning 23 training sessions held in association with various organisations, 40 educational sessions, and 67 dedicated...

Satellite TV in the Arab World 2011

The number of FTA satellite TV channels in the Arab World increased by 10.5% between April 2010 and April 2011 to reach 538 channels...

Campaign to reduce energy and water consumption

In line with its efforts to participate in initiatives related to preserving the UAE environment and natural wealth and projects pertaining to the confrontation...

DP World upgrading Al Hamriya Port

 In a direct response to the growing needs of its customers, DP World, UAE Region today (June 21) announced that it has commenced...

Consumers see real signs of Economic Recovery in Dubai

The past three years have been confusing for many business owners, and even many industry's veterans are still in doubt what is on the...