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Yearly Archives: 2011

$7.8 billion Dubai airports expansion plan approved

His Highness Sheikh Mohammed Bin Rashid Al Maktoum approved a $7.8 billion expansion plan for the emirate’s airports, as the facility seeks to...

Emirates increases flights to Sudan

Emirates is responding to strong passenger demand in Sudan by launching an extra weekly flight to Khartoum, boosting its frequencies to four each...

Construction continues at Dubai Pearl

3.5 million man hours worked, with 60,000 cubic meter of concrete poured on the 20 million sq ft Dubai Pearl project Construction of Dubai Pearl...

DFMGI ended positive amid thin trading

Dubai Financial Market General Index (DFMGI) ended in the positive territory. It added as much as 0.22% (3.41 points) to 1559, compared to yesterday’s...

Royal Society reveals “Arabick Roots” of British Science

London's Royal Society is launching an exhibition today about the enormous influence that "Arabick" scientific knowledge had on giants of British science like Edmond...

KHDA looks forward to the next Dubai Schools Inspection

“You spoke, we listened.” That was the message from the Knowledge and Human Development Authority (KHDA) today as it launched the third Annual Report...

Middle East companies lack Crisis Management Schemes

Many companies across the Middle East region do not have a robust disaster recovery or crisis management programme in place, putting their business at...

Dubai’s hospitality and retail sectors on path to recovery

Jones Lang LaSalle, the world's leading real estate investment and advisory firm, released its latest 'Dubai Real Estate Market Overview - Q2 2011' covering...

Gulf Bond Fund shows consistent performance of 3.29% for H1 of...

GIC’s Gulf Bond Fund has the longest track record in GCC Largest GCC bond fund provides weekly subscription and redemption schemes 84% of...

Superbrands Tribute Event to honour UAE’s Strongest Brands

To announce the ‘Brand of the year’ award in addition to launching the seventh edition of the Superbrands UAE book Superbrands, the independent authority...

Emirates’ Inflight Entertainment continues to be the World’s Best

Emirates ice system wins Skytrax Award for the seventh year For the seventh year in a row, Emirates Airline’s ‘ice’ inflight entertainment system has been...

UAE 34th on INSEAD’s Global Innovation Index 2011

INSEAD, the leading international business school, today announced the findings of The Global Innovation Index (GII) 2011 edition. Switzerland topped this year's GII...

Lexus tops latest J.D. Power Ratings

Lexus drove to the top spot in the 2011 J.D. Power and Associates Initial Quality Study (IQS) released in the US last week, giving...

The Address Dubai Marina hosts Iftar and Sohour this Ramadan

The Address Dubai Marina is offering a special Iftar package this Holy Month of Ramadan in Dubai. The spacious Constellation ballroom, located on the...

Regional office of Islamic Corp for Insurance of Investment and Export...

An agreement regarding the establishment of a regional office for the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) was signed...

DGCX H1 volumes climb 52%, aggregate contracts US $69.1 billion

First half (H1) Volumes on the Exchange Climb 52% to Aggregate 1,417,223 Contracts valued at US $69.1 Billion Exchange also Records Highest Ever Monthly...

Dubai Duty Free posts 16.6% sales increase in first half of...

Sales topped US $698 million The Dubai Duty Free has reported record first-half year sales of US$698 million, a 16.6% increase in year-on-year performance. Such...

UAE Consumers on Spending Sprees

Deposits decreased, loans increased The UAE Central Bank today announced that money supply M0 (currency in circulation + currency at banks) increased by 0.4%, from...