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Monthly Archives: August 2011

Crude oil futures lost 9.2% on the week

  Crude oil futures ended slightly higher last Friday in the U.S. Crude oil for September delivery added 0.3%, or 25 cents, to $86.88 a...

Zuckerberg to leave Facebook

Facebook's marketing director and sister of founder Mark, Randi Zuckerberg, on Wednesday confirmed that she will be leaving the social networking giant to start...

AudienceME launches Brand Platform allowing MENA advertisers access to premium inventory

AudienceME, a digital media sales firm, has launched the first brand advertising platform to service the MENA region, bringing quality global publishing inventory together...

Emirates opens new First Class Lounge at Dubai Airport

Emirates Holidays' Eid Al Fitr Offers Emirates has opened its second dedicated First Class Lounge at Terminal 3 - Dubai International Airport, making it the...

DGCX volumes crosses 300,000 contracts in July 2011

Highest ever monthly volume since inception, with 310,990 contracts traded Indian Rupee futures cross one million mark in July Dubai Gold and Commodities Exchange (DGCX) achieved...

People magazine names Akshay Kumar ‘Fittest Body’

  Bollywood's leading action hero and fitness fanatic, Akshay Kumar, has been honoured with the coveted title of 'Fittest Body' by respected global media...

Fake Anti-Virus, Search Engine Poisoning and Social Networking Scams Top 2011...

IT security and data protection firm Sophos has published its Mid-Year 2011 Security Threat Report. The report reveals that fake anti-virus and search engine...

574 new companies register with RAK FTZ in Q2, 2011

New registrations up 30% in first half of 2011 compared to last year Total revenue at RAK FTZ increased by 4% in Q2 of 2011 The...

Emirates NBD Asset Management announces dividend

Boards of Jersey-based funds approve formal dividend payout for H1 2011 Stellar performance on income fund suite Fixed income suite delivers significant capital growth Emirates NBD Asset...

Financial Health Check program launched during Ramadan in UAE

  Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services group, announced today the launch of its Financial Health Check program as part...

HSBC to cut 30,000 jobs worldwide

International banking giant HSBC confirmed on Monday it would cut a further 25,000 jobs between now and 2013 as part of a broader cost-cutting...

U.S. strikes deal on debt ceiling; Markets rally

In the U.S., President Barack Obama and congressional leaders announced a historic agreement on emergency legislation to avert the country's first-ever financial default. The resolution...

Osteoporosis awareness campaign in line with CSR efforts

Emirates Holidays' Eid Al Fitr Offers The Ministry of Finance (MoF) recently held an Osteoporosis awareness campaign urging participants to undergo regular medical checkups at...