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Yearly Archives: 2011

“New” residence visa system for property owners

According to 'Al Bayan' newspaper, Dubai authorities plan to introduce a new residence visa system for real estate investors. A government official was quoted by...

Sheikh Mohammed to inaugurate Dubai Metro Green Line

UAE Vice President, Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum will launch the official operation of the...

Jaguar Land Rover launches new mobile app

Alfardan Premier Motors Company, the exclusive importer of Land Rover and distributor of Jaguar in Qatar, announced that the premium and luxury automotive manufacturer...

Gold:silver ratio stands at 42.9 and widening

Silver fell back last week, erasing most of the gains made the week before and ending down nearly 6%. This was quite a drop, despite...

Gold demand to remain strong in 2011

Gold prices had held up reasonably well amidst the overall sell off in commodities since April. A short-term break could be on the cards,...

Privileges for ‘Dubai SME 100’ companies

Dubai SME, the agency of the Department of Economic Development (DED), Government of Dubai, entrusted with the development of the small and medium enterprise...

Dubai World’s Tribunal opens Public Consultation for New Rules

Proposed rule amendments in line with evolving case requirements New rules available on Tribunal website for one month period starting Public consultation underpins commitment to...

Emirates launches Mobile Boarding Pass Service

Making travel even more efficient, Emirates now offers customers the option of receiving a mobile boarding pass on their internet-enabled mobile device –...

Emirates offers 15% discount for summer travel

Emirates is offering a 15 percent discount to select destinations during June, an attractive offer for people looking to travel last minute. Valid to...

Food prices to double: Size the opportunities!

Food prices are predicted and will be very much likely double in the next 20 years. Moreover, demand for food in 2050 will be...

Monthly report on prices of building materials

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

OPEC likely to increase oil production

OPEC oil ministers are set to hold a regular ministerial meeting in Vienna on June 8, to mull the market’s supply and demand and...

Gold gained 0.3% for the week, Silver lost 4.4%

Gold futures climbed on Friday after a report indicated U.S. employers last month added the slightest number of jobs since September, prompting buying in...

How to raise a child with entrepreneurial spirit

In recent days, we all read and hear about young entrepreneurs starting new companies and raising millions of dollars in funding. For parents who...

UAE Corporate Profitability declined by 0.25% in the first quarter of...

UAE 1Q2011 YoY net profit marginally declined by 0.25 percent UAE sectors’ performance widely varied in 1Q2011 Political unrest in MENA region negatively impacted major...

Fake Firefox warnings lead to scareware

IT security and control firm Sophos is warning people to be vigilant, following the discovery of an advanced 'scareware' campaign that presents users of...

Entrepreneurs are made, not born

Nearly 60% have worked in a corporate environment and 33% of entrepreneurs say working in a corporate environment was key to the success of...

UAE bans cucumbers from 4 European countries

UAE imposed a temporary ban on import of cucumbers from a number of European countries including Spain, Germany, Denmark and the Netherlands. A resolution...