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Monthly Archives: June 2011

Gold gained 0.3% for the week, Silver lost 4.4%

Gold futures climbed on Friday after a report indicated U.S. employers last month added the slightest number of jobs since September, prompting buying in...

How to raise a child with entrepreneurial spirit

In recent days, we all read and hear about young entrepreneurs starting new companies and raising millions of dollars in funding. For parents who...

UAE Corporate Profitability declined by 0.25% in the first quarter of...

UAE 1Q2011 YoY net profit marginally declined by 0.25 percent UAE sectors’ performance widely varied in 1Q2011 Political unrest in MENA region negatively impacted major...

Fake Firefox warnings lead to scareware

IT security and control firm Sophos is warning people to be vigilant, following the discovery of an advanced 'scareware' campaign that presents users of...

Entrepreneurs are made, not born

Nearly 60% have worked in a corporate environment and 33% of entrepreneurs say working in a corporate environment was key to the success of...

UAE bans cucumbers from 4 European countries

UAE imposed a temporary ban on import of cucumbers from a number of European countries including Spain, Germany, Denmark and the Netherlands. A resolution...

Emirates launches ‘Global Kids Go Free in Dubai’ campaign

Dubai will be more affordable than ever this summer with the Emirates Airline global 'Summer Smiles' campaign. Running until 30th September, the promotion...

Emirates’ US $1 billion bond five times oversubscribed

Emirates today announced the successful close of its US$ "Reg S" bond issue at USD1 billion. The unrated issue will carry a coupon of...

GCC Ministers of Planning & Development address region’s concerns and growth

His Excellency Eng. Sultan Bin Saeed Al Mansoori, UAE Minister of Economy, today inaugurated the 21st meeting of the Gulf Co-operation Council (GCC) Committee...

From classic to contemporary silver works of art

A continuing symbol of French lifestyle, the Christofle brand is internationally renowned for its premier silver craftsmanship and classic design. Exuding luxury and elegance Christfle's...

New Logistics Cluster Platform to drive growth of logistics

Following the successful deliberations at the first-ever Dubai Logistics Cluster Focus Group hosted recently, the Dubai Department of Economic Development (DED) has launched the...

UAE Banking Sector grew 66 percent in Q1 of 2011

In the first quarter of 2011, profitability has increased in the banking sector in all GCC countries, according to data released by Global Investment...

Emerging Markets Telecom Operators to capture $200 billion ICT opportunity

Delta Partners, the leading telecoms advisory and investment firm released its latest White Paper today titled “ICT in emerging markets: a USD 200Bln opportunity...

‘Best Fund Management Company’ at Arab Achievement Awards 2011

Emirates NBD Asset Management Limited, a wholly owned subsidiary and the asset management arm of Emirates NBD, a leading bank in the Middle East,...

US Secretary Clinton to visit UAE

Secretary of State Hillary Clinton will travel to the United Arab Emirates for a meeting of the Libya Contact Group on June 9, according...

World Discovery Festival announced

The World Discovery Fest, a unique spectacle of travel, leisure and holiday destinations, culture and cuisines, top-end lifestyle displays and an entertainment fiesta, has...