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Monthly Archives: July 2011

Dubai property market steady in second quarter

Villa rents stable, 2% decline in apartment and office rents –sales prices down 3% for both villas and apartments, says Asteco Q2 2011 report The...

Silver broke five weeks losing streak

Last week, silver finally broke its five weeks streak of losses to post a striking gain of over 7%, as controversy returned to the...

Gold advanced impressively, Sprott bullish

Gold advanced impressively last week, spurred higher by  negative employment data from the US on Friday. In weekly terms, gold price rose nearly 3.5%, breaking...

Best Global Emerging Markets Bank

Citi was named Best Global Emerging Markets Bank and Best Global Transaction Banking House by Euromoney magazine as part of its Euromoney Awards for...

Managing Diabetes during Ramadan

The National Health Insurance Company- Daman today announced plans to organize an educational seminar titled “Managing Diabetes during Ramadan” on July 16 ahead of...

Mini fashion week to feature the local catwalk stars of tomorrow

Kids Fashion Week, a signature event of Dubai Summer Surprises 2011, is dedicated to the growing market of kid’s fashion. The event showcases the...

Facebook rolls out video chat in collaboration with Skype

Facebook introduced video chat on Wednesday in a collaboration with Skype, the Internet calling service. Mark Zuckerberg, the social networking site’s founder and chief executive,...

Follow the Global Trend: Advertise Online

Internet advertising is peaking up quite fast in recent years. Local ads are shifting online as the customer base for most small and medium-sized...

Only 19% of Dubai’s population exercises to keep healthy

Green Coffee Bean: An effective weapon against obesity The Dubai Health Authority announced key statistical results on exercise patterns of the population in the Emirate...

Dubai Government to take over Nakheel and Limitless

The Board of Directors of Dubai World (the “Company”) today announced it had appointed two new senior managers to the team that oversees the...

$7.8 billion Dubai airports expansion plan approved

His Highness Sheikh Mohammed Bin Rashid Al Maktoum approved a $7.8 billion expansion plan for the emirate’s airports, as the facility seeks to...

Emirates increases flights to Sudan

Emirates is responding to strong passenger demand in Sudan by launching an extra weekly flight to Khartoum, boosting its frequencies to four each...

Construction continues at Dubai Pearl

3.5 million man hours worked, with 60,000 cubic meter of concrete poured on the 20 million sq ft Dubai Pearl project Construction of Dubai Pearl...

DFMGI ended positive amid thin trading

Dubai Financial Market General Index (DFMGI) ended in the positive territory. It added as much as 0.22% (3.41 points) to 1559, compared to yesterday’s...

Royal Society reveals “Arabick Roots” of British Science

London's Royal Society is launching an exhibition today about the enormous influence that "Arabick" scientific knowledge had on giants of British science like Edmond...

KHDA looks forward to the next Dubai Schools Inspection

“You spoke, we listened.” That was the message from the Knowledge and Human Development Authority (KHDA) today as it launched the third Annual Report...

Middle East companies lack Crisis Management Schemes

Many companies across the Middle East region do not have a robust disaster recovery or crisis management programme in place, putting their business at...

Dubai’s hospitality and retail sectors on path to recovery

Jones Lang LaSalle, the world's leading real estate investment and advisory firm, released its latest 'Dubai Real Estate Market Overview - Q2 2011' covering...