Home 2011

Yearly Archives: 2011

Asians turn to gold to see through market turmoil

Volatile markets and fears about Eurozone debt mean many people are turning to 'safe haven' investment gold across Asia. Goldmerchants are overwhelmed by the...

Young Arab Leaders to Attend Annual United Nations Youth Assembly

Fifteen Arab delegates from around the Middle East were among the 600 young leaders attending the Annual United Nations Youth Assembly (UNYA) as part...

Dubai Mercantile Exchange sets new records in July

The Dubai Mercantile Exchange Limited (DME) announced today that it set two new trading records during the month of July 2011. The exchange not...

Ford Fiesta Celebrates 35th Birthday with Refreshing Facelift

2011 marks 35 years since the 1976 launch of the Ford Fiesta – a car that has achieved iconic status in Europe and around...

UAE Central Bank will keep Dollar Peg

The United Arab Emirates will keep its dollar peg despite  S&P's downgrade of the U.S. economy, according to a central bank official comments to...

Gold futures up $52, trade over $1,700 an ounce

On Monday, gold futures continued to climb through the Asian trading session. The contract was up $52.00 to $1,703.80 an ounce. During the session, it...

Discover Wolgan Valley and the best of the Blue Mountains

Emirates Holidays' Eid Al Fitr Offers In a bid to encourage international and domestic guests to discover the famous and iconic Blue Mountains region,...

Silver rose 19% in a month

Silver made impressive gains last week to close at its highest level since early April, when it was soaring higher towards its record level. During...

Gold‘s uptrend to continue with slight corrections

// //   Gold continued advancing last week to reach to record highs and soared a little under $40 on Tuesday amid rising concerns...

Markets tumble; Spot the buying opportunities!

Saudi shares dropped 5.5 percent to their lowest close in nearly five months, weighed by petrochemical and banking shares. The market slump followed global...

The World’s Diseases

Day by day diseases around the globe evolve causing thousands of people to suffer and even loose their lives. In various parts of the...

Saving the Reefs of Musandam

When Dr. Matthias Hammer collected his grant from Ford Motor Company, he vowed to do everything in his power to protect the waters of...

S&P Downgrades US Credit Rating

UAE Central Bank Statement on U.S. Public Debt The United States has lost its coveted top AAA credit rating. Credit rating agency Standard & Poor's...

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...