Yearly Archives: 2011

Steel, Metal and Building Material companies based in Jafza generated trade worth AED 12.26 billion in 2010 registering a growth of 14% last year in comparison to AED 10.75 billion in 2009.

National Geographic Al Arabiya announced today its participation as a media partner at the Eye on Earth Abu Dhabi 2011 Summit. The Eye on Earth...

Sales and leasing prices in Dubai's office market were unchanged in the fourth quarter but activity remained low for sales as companies opted to lease rather than buy.

Sales prices for villas were unchanged in the second half of 2011 but the number of end-users buying both villas and townhouses increased as more families and professionals were able to switch from renting to owning.

The Dubai residential property market remained steady for the fourth consecutive quarter of 2011 in a clear sign that confidence is returning to the emirate's real estate market.

The current macroeconomic environment is expected to hold back the industrial demand, which in turn would add pressure to the already struggling silver prices.

Late week euro rally lifted gold prices higher as demand for the greenback weakened with investors willing to take on more risk.

Three UAE mathematics whiz-kids returned to the Emirates victorious this week, after beating 5,500 students from 41 nations to be ranked World Champions at the 17th International Abacus & Mental Arithmetic Competition

Statistics Centre - Abu Dhabi, issued today its periodic report on the Consumer Price Index (CPI) and the inflation rate in the Emirate of Abu Dhabi for the first 11 months of 2011 and the month of October 2011.

23-year-old Raheel is the winner of Emirates NBD’s “Sing Like a Star with AR Rahman” contest, which saw more than 200 aspiring singers vie for a chance to sing live with the internationally acclaimed Indian composer, singer-songwriter, record producer, musician, and philanthropist.

American Express Middle East announced the launch of its ‘Experience UAE’ campaign.

The research focused on understanding the burden and costs of diabetes and cardiovascular disease in the Emirate of Abu Dhabi, with specific analyses on complications, treatment patterns, patient outcomes and projected risk.

UAE has signed an agreement with Russia relating to taxation on income of public investment organizations. The agreement highlights efforts of enhancing different types of investment opportunities.

Emirates NBD announced today, that it has won the 2011 Global Award for “Brand Leadership in Banking and Financial Services.”

Ministry of Finance is studying possibility of setting up an organization to keep records of mortgages of capital assets to ensure funding for national small and medium enterprises.

The Dubai Land Department sold eight foreclosed homes in Dubai in the first bulk sale of repossessed homes in the emirate last week.

Endearing ‘Muppets,’ and musical world of Peter Gabriel and Sicilian musicians take centrestage at DIFF on Friday

Property Developer Nakheel has paid AED 7.3billion it owes to trade creditors under its debt restructuring proposal, said a spokesman for Nakheel.