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Monthly Archives: April 2012

Dubai hotel market demonstrates robust growth

Dubai hotel occupancy rates in February 2012 standing at 86% on a city-wide basis RevPAR levels showed strong 15% growth over the same period of...

Just arrived in Bloomingdale’s: Theo Fennell keys

For over 30 years, Theo Fennell keys have been one of the most coveted collections from the celebrated jeweller. These iconic pieces have come...

Regulatory uncertainty tops organizational risks for senior executives

Large institutions may suffer hit to normalized earnings as a result of re-regulation Deloitte identifies five key industry drivers to impact global financial institutions For the...

Oil prices to jump 10% on supply fears and strong demand

The International Monetary Fund forecast oil prices will gain 10 percent on average in 2012 compared with a year earlier on possible supply disruptions...

IMF forecasts Middle East growth to accelerate

Overall economic growth for the Middle East region is forecast at 4.2 percent in 2012 Inflation will average 9.5 percent In it latest World Economic Outlook...

Prime plot of land on Palm Jumeirah sold for AED 87...

60,000 sqft plot on Palm Jumeirah Pointe, opposite Atlantis bought for AED 1,450 per sq ft Nakheel has sold a prime plot of land on...

Fresh EU concerns prompt move to ‘Risk Off’

Growth Expectations Ease While Prospects of QE Return Investors have scaled back both risk-taking and their expectations for global growth after concerns about European Union...

Dubai Police to auction confiscated vehicles

Dubai Police announced it intends to auction 129 confiscated vehicles, remaining on its premisses after the legal period of detention. Interested parties can preview the...

Mubadala Aerospace to produce parts for Boeing’s Dreamliner

Strata signs 10-year direct supply contract to produce ribs for 777 and 787 Dreamliner Boeing and Strata formalize long-term vision for Strata's future role as...

Consumer confidence in Dubai remains strong

Overall consumer confidence in Dubai remained robust during the first quarter of 2012, driven largely by a positive outlook on personal finance and strong...

DFM Annual Stock Game inaugurated

Dubai Financial Market (DFM) has announced the inauguration of the 10th Annual Stock Game, the most popular educational initiative amongst school and university students...

Golden Cup of Dubai Figure Skating Championship

The Dubai Ice Skating Sport Academy "Queen of the Ice World" (QIW) is pleased to announce The 2012 Golden Cup of Dubai Figure Skating...

Lease-to-own programme launched for Saadiyat Island apartments

The Tourism Development '&' Investment Company launched a competitive lease-to-own payment programme for the exclusive apartments, which form part of The Residences at The...

Middle East aviation supports 2.7 million jobs

Cooperation Key to Meeting Challenges in the Gulf Region The International Air Transport Association (IATA) called upon all parts of the aviation value chain in...

Emirates launches official Facebook page

Emirates Facebook page attracts over 300,000 people in three weeks Emirates airline, one of the world’s fastest growing airlines, has officially launched its Facebook page...

Gold expected to move higher

Last week the gold market tested and briefly broke beneath the trend of higher lows from October 2008. Developing positive news stories are expected to...

Registration opens for “Mohammed Bin Rashid Award for Young Business Leaders”

Under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE vice President, Prime Minister and Ruler of Dubai, Dubai SME, the...

Silver investors strengthening positions

The good news is that investors are sustaining its position above the pivotal 100 - day moving average at 31.48.