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Monthly Archives: June 2012

GCC Corporate Profitability rose in Q1 of 2012

Aggregate 1Q2012 net profit of GCC listed corporate increased 12.9 percent YoY The three months ending March-2012 witnessed an increase in profitability of GCC companies....

Gold may gain, biggest rise in two weeks

Gold is likely to rise on concerns on the EU debt situation as a safe haven investment. Silver fell, while gold remained unchanged at $1,584.60...

Dubai Mall celebrates UAE’ participation in London Olympics

The UAE's participation at the London Olympic Games 2012, a source of pride for every resident in the country, is being celebrated with a...

Thomson Reuters buys Zawya

Thomson Reuters Corp has bought Zawya.com, which is a privately owned online service located in the Middle East. Zawya provides profiles of companies in the...

Dubai’s debt burden

DGCX to enhance its trading and clearing platform

New platform to provide superior transaction speed, increased reliability and scalability Enhancements designed to attract new institutional, retail and high frequency traders Platform scheduled to go...

Licenses issued in Dubai rose 14% in May 2012

The number of trade licenses issued by the Department of Economic Development (DED) in May 2012 reached 1,542, an increase of 14 per cent...

Sheikh Mohammed calls for participation in selection of nation brand

His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has made a call...

American Academy of Cosmetic Surgery Hospital honored by HH Sheikh...

The American Academy of Cosmetic Surgery Hospital received an appreciation award by His Highness Shk Mohammad Bin Rashid Al Maktoum, Crown Prince of Dubai...

Commodity sector under renewed pressure

Here are the most recent  headlines with an impact on precious metals: Moody’s downgrades 15 large global Banks UK inflation falls to 2.8 per cent in...

Know your ETF risk

ETFs are designed to track indexes, sectors, or a basket of assets such as commodities, stocks, or bonds. ETF fund managers deploy strategies to...

Number 1 international news channel in Middle East

CNN outstrips all competitors on monthly, weekly and daily reach Al Jazeera English manages distant second place CNN outscores all international competitors, including non-news CNN has comprehensively...

Kaspersky launches online music service

Kaspersky Lab International Ltd., a leading developer of secure content management solutions, announced today the launch of “Kaspersky Music” service in association with...

Salary hike for teachers ordered in UAE

Acting upon instructions by President His Highness Sheikh Khalifa bin Zayed Al Nahyan to provide decent living, and more economic and financial stability and...

Finding time for fitness training

How to fit exercise into your busy life When embarking on a fitness programme, it can be difficult to fit your exercise into a...

H H Sheikh Mohammed crowned winner of Royal Ascot

 UAE Vice President, Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum was crowned today winner of the Gold...

7th International Green Awards calls for entries

The International Green Awards, a leading platform for sustainability intelligence, leadership and innovation, has now launched for the 7th year. This year, the awards are...

BBC World News leads in daily viewers across Gulf markets

The latest EMS Middle East survey has confirmed that BBC World News reaches more daily viewers than any other international English language news broadcaster...