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Yearly Archives: 2011

UAE armed forces hire International contractors

In a response to a New York Times report about UAE hiring the founder of the company formerly known as Blackwater, to build a...

Two months rent-free deals for grab

Nakheel is offering up to two months rent-free in residential properties located in lower-priced developments in a bid to attract more tenants. Other developers...

London Business Forum relocates regional headquarter to Dubai

The London Business Forum announced the relocation of its newly set up Cairo regional headquarters into Dubai as the first main hub outside London....

DFMGI ended in the negative territory

Dubai Financial Market General Index (DFMGI) ended in the negative territory for the second consecutive session. It lost as much as 0.71%, or 11.35 points...

Dubai SME lists strategic focus areas for policy-makers, financiers and investors...

Study led by Dubai SME identifies potential for investment and policy reforms in Transport & Storage, Media and Food & Beverage Manufacturing industries Dubai...

Silver price swings possibly driven by speculators

For silver, the past week was depressing, as the metal entered its third week of consecutive declines, despite supply / demand balance looking still...

Emirates’ “Magic” helps AC Milan to league victory

Tens of thousands of fans joined AC Milan last night to officially celebrate their Serie A title - secured in Emirates' first year as...

Gold demand strong; predicted prices around $2000

Gold temporarily succeeded to recover some of the losses from the sizeable sell-off in early May, but fell back late Friday to end the...

Number of real estate units to enter the market by end-2011

Dubai Chamber of Commerce estimates that 61,545 real estate units will enter the market by end-2011.

Oil, gas to account for 83pc of Gulf energy investments

'Arab Oil & Gas 2011' to gather energy producers, service providers and technology vendors in Dubai Arab Oil & Gas (AOGS) 2011, the premier biennial...

Say “Hello” to Inflation

While some are in a state of denial about rising inflation, others already priced it in. Few even laid out an action plan how...

Emirates now operates 12 weekly flights to Cairo

To meet the strengthening demand for its Dubai-Cairo route, Emirates has increased its flights to 12 per week, with flights operating twice a...

Sony: PlayStation Network Restoration Announcement

Sony announced that it will restore game services for the PlayStation Network starting today, and the "restoration" will begin in stages.

Residency Visas to be linked to National ID cards from July

The Emirates Identity Authority (EIDA) said it was in the process of setting up ID registration centres at preventives medicine departments in Abu Dhabi...

Over 2000 Media Professionals pre-register for 10th Arab Media Forum

Dubai Press Club announced more than 2,000 regional and international journalists, as well as media professionals from 40 countries have pre-registered online for the...

Swinging oil price and UAE stock markets

Saudi Arabian shares dropped the most in a week, snapping four days of gains, on concern that swinging oil prices will affect the economy...

Sumayyah Al Suwaidi – The Aesthete

The exclusive interview with Sumayyah Al Suwaidi continues from part one. Q.: What was the last thing that you have bought, and you love it? A.:...

You can’t afford to miss

The schedule for the most awaited SALE in Dubai is out. Chalhoub Group 2011 Mid-year sale is going to take place in the beginning...