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Monthly Archives: July 2011

Gulf Bond Fund shows consistent performance of 3.29% for H1 of...

GIC’s Gulf Bond Fund has the longest track record in GCC Largest GCC bond fund provides weekly subscription and redemption schemes 84% of...

Superbrands Tribute Event to honour UAE’s Strongest Brands

To announce the ‘Brand of the year’ award in addition to launching the seventh edition of the Superbrands UAE book Superbrands, the independent authority...

Emirates’ Inflight Entertainment continues to be the World’s Best

Emirates ice system wins Skytrax Award for the seventh year For the seventh year in a row, Emirates Airline’s ‘ice’ inflight entertainment system has been...

UAE 34th on INSEAD’s Global Innovation Index 2011

INSEAD, the leading international business school, today announced the findings of The Global Innovation Index (GII) 2011 edition. Switzerland topped this year's GII...

Lexus tops latest J.D. Power Ratings

Lexus drove to the top spot in the 2011 J.D. Power and Associates Initial Quality Study (IQS) released in the US last week, giving...

The Address Dubai Marina hosts Iftar and Sohour this Ramadan

The Address Dubai Marina is offering a special Iftar package this Holy Month of Ramadan in Dubai. The spacious Constellation ballroom, located on the...

Regional office of Islamic Corp for Insurance of Investment and Export...

An agreement regarding the establishment of a regional office for the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) was signed...

DGCX H1 volumes climb 52%, aggregate contracts US $69.1 billion

First half (H1) Volumes on the Exchange Climb 52% to Aggregate 1,417,223 Contracts valued at US $69.1 Billion Exchange also Records Highest Ever Monthly...

Dubai Duty Free posts 16.6% sales increase in first half of...

Sales topped US $698 million The Dubai Duty Free has reported record first-half year sales of US$698 million, a 16.6% increase in year-on-year performance. Such...

UAE Consumers on Spending Sprees

Deposits decreased, loans increased The UAE Central Bank today announced that money supply M0 (currency in circulation + currency at banks) increased by 0.4%, from...

Meet Michelle: Entrepreneur starting Dubai’s newest Social Club

Michelle McDonald is just about to host the first event of Gooseberry, members-only networking club for like-minded professionals. She is not a newcomer...

Have you ever dreamed about starting your own business?

In 2011,  the ADCB Ambition Award is back for its third year, as part of the Emirates Woman, Woman of the Year Awards. Last...

Emirates Green Building Council offers seminars and workshops

Emirates Green Building Council (Emirates GBC), an organisation aimed at conserving the environment by strengthening and promoting green building practices in the UAE, has...

Inflationary pressures likely to drive silver prices

Silver declined for the 5th consecutive week, as precious metals and commodities in general decreased in values on broader based risk-off sentiment. “Silver fundamentals remain...

Gold likely to remain under pressure

Gold prices declined further on weekly basis as sentiment tended more towards risk. Trades were influenced by the passing of an austerity plan in...

Markets likely to perform on the upside

Saudi shares climbed for a third day on Saturday, led by petrochemical companies and banks, after U.S. stocks posted the biggest weekly rally in...

Employers to cancel Labor Cards online

The Ministries of Labour and Interior will jointly implement the Electronic Cancellation Service of Labor Card with effect from Sunday, reports the official news...

Farmville’s creator Zynga files for IPO

Zynga Inc. announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to a...