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Monthly Archives: October 2011

Consortium to commercialize and accelerate Video Call Market launched

Open Visual Communications Consortium™, a group of global video exchange providers, network providers and equipment manufacturers that have united to expand video communications, formally...

TRA signs an exchange of letters with ICANN during Gitex

The Telecommunications Regulatory Authority (TRA) is pleased to announce that it has formalised its relationship with ICANN (the Internet Corporation for Assigned Names and...

UAE Government entities turn to mobile and social media apps

Smartphone usage in the MENA region is increasing, with almost 70% of Smartphone users expected to upgrade their phone in the next 12 months,...

Apple iPhone 4S pre-orders top 1m in 1 day

Only in a day Apple Inc. received more than one million pre-orders for the iPhone 4S.  That accounts to 67 percent more than for...

American Universities better than British

This year for first time since 2004, Harvard University lost the top spot in a global ranking of higher education institutions to California Institute...

Commercial Bank of Dubai to provide Factoring Services to corporate and...

Commercial Bank of Dubai (CBD) announced today that it had signed a partnership agreement with Coface Emirates Services Limited to provide Factoring Services to...

Federal Ministries begin implementing the G2 E-Dirham System

Federal Ministries in the UAE have begun implementing the second generation of the E-Dirham within their entities as announced during a press conference held...

UAE to implement 5% VAT

The United Arab Emirates may soon set a value-added tax of 5 percent as part of a regional development plans, according to the undersecretary...

Capitalism Collapse? Occupy Wall Street!

The collective voices of American dissent has manifested into a movement impossible to ignore. "Occupy Wall Street" began in the world's financial capital, but...

Khalifa Fund announces commitments of AED 600 million made to 367...

His Highness Sheikh Hamed bin Zayed Al Nahyan, Chief of the Abu Dhabi Crown Prince’s Court, highlighted the interest of His Highness Sheikh Khalifa...

Corporate Fraud and Bribery Briefings

Ernst & Young has organized Corporate Fraud & Bribery Update briefings in Abu Dhabi and Dubai, attended by senior corporate officers. The briefings aimed...

Oil Market sees Correction

Last week, crude oil for November delivery slumped to a low of $74.95 per barrel and subsequently found a base before heading higher. Tuesday‘s...

University of Dubai to participate in International Education Show 2011

  The University of Dubai (UD) announces its participation in the International Education Show, the UAE’s premier and most comprehensive higher education platform, which...

62% of UAE employees believe their income is not balanced with...

The latest results from the recent Consumer Confidence Index survey carried out by Bayt.com, the Middle East's number one job site, and research and...

Surplus may bode ill for Silver

// // Last week, silver slowly added around 3% to breaking a run of four weeks consecutive losses and perhaps signalling further upside in...

Gold prices recover tentatively

Most of the first week of October, spot gold prices have been range bound, after experiencing wild volatility swings by the end of the...

Shortlist for Best Green International Celebrity Award announced

After a phenomenal response to our online poll, the International Green Awards™ is pleased to announce the shortlist for the Best Green International Celebrity...

Tamweel launches Home Finance Plus

Tamweel PJSC, the UAE Islamic home finance provider, announced today the launch of "Home Finance Plus," the country's first integrated home finance programme, which...