Home 2011

Yearly Archives: 2011

Sale of first repossessed Dubai property confirmed

Barclays Bank has completed on the sale of its first repossessed property in Dubai in a move that is expected to open the floodgates...

Oil rally on price forecast upgrades

In reports published on Monday, both Goldman Sachs and Morgan Stanley increased their price forecasts for European benchmark Brent crude, citing decreasing spare capacity...

Commodities, gold, silver rebound

Gold futures on Tuesday closed above $1,523 an ounce for the third time in a row, settling at their highest since May 3. Gold for...

HH Sheikh Mohammed orders payment of annual increment for Govt’s employees

Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum, in his capacity as Ruler of Dubai,...

Emirates diverts Glasgow-bound flights

An announcement from the Emirates airlines said today that the airlines had to divert one of its Glasgow-bound flight to Manchester due to the...

Jumbo Electronics Mania kicks off

Jumbo kicks off its first promotion of the summer, ‘Jumbo Electronics Mania’, by giving customers a chance to win 25 newly launched Sony 3D...

Dubai Culture to host drama script editing workshop to promote youth...

Workshop lead by theatrical expert Dr. Osama Abu Talib until June 6, 2011 at the Dubai Public Library in Al Twar 25 seats available for...

Niche business still registers 40% growth in Dubai

A veteran in public relation and marketing, Victor King, managing director of Absolute Communications, today told Dubai Chronicle that the number of dance schools...

How To Quit a Job on a Good Note

no matter what your thoughts are on departing from your position, it's important that you quit on a good note.

‘At.mosphere’ wins ‘UAE Leading Lifestyle Restaurant’

At.mosphere, the world’s highest restaurant located on Level 122 of Burj Khalifa, won the honour of ‘UAE’s Leading Lifestyle Restaurant’ at the World...

Signals about global recovery faltering raise concerns about oil demand

In the oil market, analysts agree that any signals about global recovery faltering will raise concerns about future oil demand. Oil prices slid from highs...

IMF warns UAE on risk from debt-laden entities

While the economic recovery in the United Arab Emirates is gaining strength, the International Monetary Fund Monday warned about the risk posed by debt-laden...

Emaar communities in full bloom

The sixth cycle of Emaar’s Best Garden Competition, an annual event organised by Emaar Community Management for residents of Emirates Living and Arabian Ranches,...

Investment behavior of Sovereign Wealth Funds revealed

6% of GCC SWF assets are focused on local development investments 88% of GCC SWF assets are invested internationally for diversification purposes 5% of GCC SWF...

GCC based investors currently risk averse, with short time horizons for...

Over two thirds (69%) of investors have a time horizon of less than five years for investments made in 2011 One in five stated regional...

GCC investors have very high target return expectations

GCC investors in general have high expectations in regard to the returns of their investments, because the majority of them lacks long term experience. The...

The Big 5 launches Middle East Concrete exhibition

The Big 5 launches Concrete event as GCC infrastructure spending hits half a trillion dollars Inaugural event to be co-located with the industry-leading...

The Spas at The Address win Middle East Spa Awards 2011

var uri = 'http://impgb.tradedoubler.com/imp?type(js)g(16329964)a(1793037)' + new String (Math.random()).substring (2, 11); document.write(''); The Spas at The Address Hotels + Resorts, the five star premium hotel brand, have...