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Yearly Archives: 2011

UAE fifth most attractive emerging market for European SMEs

The UAE, not only Dubai, recently ranked fifth in most attractive emerging market to do business with in the coming year by European SMEs,...

DGCX sets new daily volume record

Trading on the Dubai Gold and Commodities Exchange (DGCX) surged to a new daily volume high of 19,819 contracts, valued at US $ 967.68...

Gold hit a record high as market sentiment buoyed up

Market sentiment buoyed up as Chinese macroeconomic data surprised to the upside, temporarily overshadowing ongoing debt problems in the Eurozone. Spot gold hit a record...

Barclays Capital named ‘Best Investment Bank in MENA region’

In recognition of its continued leadership in the investment banking industry, Barclays Capital announced today that it has been named the “Best Investment Bank...

Car dealers approve unified purchase contract

Car dealers in the UAE have approved the unified form for purchase contracts proposed by the Ministry of Economy to facilitate procedures and protect...

Exclusive interview with Hrithik Roshan ahead of his latest movie release

Bollywood's biggest pin-up star, Hrithik Roshan, is set to turn up the heat in cinemas with hottest, feel-good film 'Zindagi Na Milegi Dobara'

Endless announces International Shipping to over 50 countries worldwide

Endless.com (www.endless.com), Amazon.com’s shoe and accessories website, today announced free international shipping on orders of $100 or more and $10 shipping on orders under...

ICT Fund plans 58 million AED in scholarships for 2011

The ICT Fund, dedicated to the mission of creating homegrown technology innovations for the UAE, has funded scholarships amounting to a total of 115...

Dubai external trade with foreign countries valued at 235 bln dirhams

Emirate of Dubai’s non-petroleum direct international trade shot up 30% equivalent to more than AED 235 billion in the end of the first quarter...

Al Jazeera to become ‘private organisation devoted to public interest’

Doha-based Al Jazeera channel is planning to change its legal status as a public entity and convert itself into a ‘private organisation devoted to...

Global Investing Programme for next generation of UHNWs

Merrill Lynch Wealth Management today announces the launch of its annual Global Investing Programme (GIP) for the next generation of Ultra High Net Worth...

Global direct real estate investment volumes rise nearly 50 percent in...

Global direct real estate investment volumes in the second quarter of 2011 totaled more than US$101 billion, up seven percent from the previous three...

Tamweel offers finance to overseas buyers; launches Home Refinance Programme

Non-residents Programme offers home finance to overseas buyers Home Refinance Programme to unlock value of fully paid properties Tamweel PJSC, the UAE Islamic home finance...

Gold settles at record high of $1,562.30 an ounce

Gold futures topped a six-session winning streak with a nominal record Tuesday, defeating a shaky start with support from ongoing worries about the euro-zone...

Exclusively for You: Ramzi

The Middle East’s  R&B sensation, Ramzi, recently released his latest album "Touch the Sky" through EMI Music Arabia. The 28 year old singer and multi-instrumentalist...

UAE’s alternative energy projects up to US$100b by 2020

Globally, the total alternative investments could reach US$1.5 billion by 2010.

Educating children on social networks is essential

Eugene Kaspersky, CEO and Co-Founder of Kaspersky Lab, a leading developer of secure content and threat management solutions, stresses the importance of educating children...

Dubai Duty Free becomes the only brand to win the ‘Brand...

Superbrands today announced that Dubai Duty Free has once again won the coveted ‘Brand of the Year’ award at the seventh annual Superbrands Tribute...