Home 2011 July

Monthly Archives: July 2011

Sell-off in silver highly unlikely, but not to be ruled out

// //   Silver ranged sideways most of the time last week, managing to post a gain of around 15 cents. The weekly chart for...

New precious metal boom or large correction?

// // Gold advanced further for third week in a row, but the increase is minor when compared with the gains made in the...

Dubai Chamber launches online membership services

In order to provide a quick and convenient service for the business community, Dubai Chamber of Commerce and Industry, in association with the Dubai...

DGCX daily volume surged to a new daily volume high

Exchange Trades 20,112 contracts on July 12, valued at US $ 996.12 million Trading on the Dubai Gold and Commodities Exchange (DGCX) surged to a...

Prices of building materials in June 2011

Statistics Centre - Abu Dhabi (SCAD) issued its monthly report on the prices of building materials for the month of June 2011. The report...

World-class “smart home” solutions launched in Dubai

e-Home AUTOMATION, a member of Dubai SME, the agency of the Department of Economic Development (DED) in Dubai entrusted with promoting and advancing small...

Manufacturing Sector contributes 13% to Dubai’s GDP

Dubai’s Direct Exports valued at AED68 billion in 2010 Owing to increased government support and funding, the UAE’s manufacturing sector was among the largest non-oil...

Dubai-based company invests in telecoms, digital broadcasting in Bulgaria

Bulgarian telecoms operator Vivacom has sold its remaining 50 per cent stake in rebroadcasting subsidiary NURTS to Dubai-based Bluesat Partners for 57 million euro,...

Distinguished number plates for motorbikes on offer

The Licensing Agency, Roads and Transport Authority (RTA), is now offering distinguished number plates for motorbikes comprising 8000 four and five-digit plates obtainable through...

Dubai crude oil cheaper in October

The Dubai Department of Oil Affairs announced today that it has set the official selling price of the Dubai crude for the next October...

Fund manager survey shows growing belief in Global economy despite slump...

The global economic outlook remains positive in spite of a sharp deterioration in investor sentiment towards and within Europe, according to the BofA Merrill...

Global Takaful market to reach US$25 Bn in 2015

Ernst & Young was recently named Best Advisory Firm at the International Takaful Summit 2011 in London Global Takaful contributions are expected to touch...

First Arab woman accepted at Juilliard and NYUGAP

Dina Shihabi was born in Riyadh, Saudi Arabia, grew up in Dubai, and moved to New York City in 2007. She has recently been...

Emirates offers special fares for Ramadan

Celebrating the month of Emirates is offering passengers some excellent fares to 32 select destinations across Europe, Africa, the Middle East, Far East and the Indian Sub-Continent.

Tamweel first half 2011 net profit rises to AED 54.9 million

Second quarter net profit reaches AED 27.7 million Positive performance follows resumption of trading in company shares, equity participation by Dubai Islamic Bank Company continues...

Accumulating metals seems to be the safest bet

Silver posted another impressive weekly gain as it climbed a further 5.5% to reach a high of near $39.30, just short of resistance at...

Is Gold ready for Correction?

The yellow metal rode the wave of macroeconomic woes last week to set a new all-time high close to $1,595 as it added...

Kim Kardashian coming to launch ‘Millions of Milkshakes’ in Dubai Mall

Fans of Kim Kardashian have a chance to meet the reality TV star at her first appearance in the Middle East World Famous Milkshake bar...