Home 2011

Yearly Archives: 2011

New DIFC governor appointed

UAE Vice President, Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum has issued a decision appointing Abdullah Mohammed...

Emirates unveils new range of products

Reinforcing its commitment to providing the best onboard experience to its customers, Emirates (www.emirates.com) has unveiled a new range of products in its...

Daman maintains solid 20% membership growth

Average growth rate achieved following successful completion of five years of health insurance business in UAE The National Health Insurance Company- Daman, today announced it...

DGCX to launch Indian Rupee Options Contract in September

The Dubai Gold and Commodities Exchange (DGCX) is set to expand its Indian Rupee (INR) product offering with the launch of an INR Options...

Gold may settle at around $2,400 an ounce

Adjusted for inflation, gold would have to settle somewhere near $2,400 an ounce to supplant a record around $850 an ounce reached in January...

Al Nokhba Scholarship for Advanced Technology awarded to top Emirati students

41 elite Emirati students were honored Sunday with the 2011 Al Nokhba Scholarship for Advanced Technology at the scholarships induction ceremony held in the...

Oil outlook remains strong

There was a contract change for crude oil this week as volume on September delivery increased and the price rose for the fourth consecutive...

Recruitment maintains momentum during summer months

Recruitment in the UAE has traditionally seen a standstill during the summer months with numerous companies delaying hiring decisions until September. However evidence suggests...

Sell-off in silver highly unlikely, but not to be ruled out

// //   Silver ranged sideways most of the time last week, managing to post a gain of around 15 cents. The weekly chart for...

New precious metal boom or large correction?

// // Gold advanced further for third week in a row, but the increase is minor when compared with the gains made in the...

Dubai Chamber launches online membership services

In order to provide a quick and convenient service for the business community, Dubai Chamber of Commerce and Industry, in association with the Dubai...

DGCX daily volume surged to a new daily volume high

Exchange Trades 20,112 contracts on July 12, valued at US $ 996.12 million Trading on the Dubai Gold and Commodities Exchange (DGCX) surged to a...

Prices of building materials in June 2011

Statistics Centre - Abu Dhabi (SCAD) issued its monthly report on the prices of building materials for the month of June 2011. The report...

World-class “smart home” solutions launched in Dubai

e-Home AUTOMATION, a member of Dubai SME, the agency of the Department of Economic Development (DED) in Dubai entrusted with promoting and advancing small...

Manufacturing Sector contributes 13% to Dubai’s GDP

Dubai’s Direct Exports valued at AED68 billion in 2010 Owing to increased government support and funding, the UAE’s manufacturing sector was among the largest non-oil...

Dubai-based company invests in telecoms, digital broadcasting in Bulgaria

Bulgarian telecoms operator Vivacom has sold its remaining 50 per cent stake in rebroadcasting subsidiary NURTS to Dubai-based Bluesat Partners for 57 million euro,...

Distinguished number plates for motorbikes on offer

The Licensing Agency, Roads and Transport Authority (RTA), is now offering distinguished number plates for motorbikes comprising 8000 four and five-digit plates obtainable through...

Dubai crude oil cheaper in October

The Dubai Department of Oil Affairs announced today that it has set the official selling price of the Dubai crude for the next October...