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Monthly Archives: November 2012

Cyber crimes punishment in UAE gets tougher

President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued Federal Legal Decree No. 5 for 2012 on combating cyber crimes. The new...

How to invest in silver and why

Have you ever considered investing into major commodities? Though is one of the most expensive precious metals, silver seems to be the best choice for...

Gold likely to advance on demand

Last Friday gold ended at $1730.67 per ounce, $6 down for the day. By now, the yellow metal added $3.19 per ounce to $1,734.10...

Middle East luxury spending on the rise; Dubai ranked first

Qatari residents are biggest spenders on luxury Fashion accessories, cars and high-end electronic goods are preferred luxury purchases in 2012 Quality is the biggest factor in...

EU growth concerns send riskier assets tumbling

Higher-yielding assets turned bearish on Friday, as slowing economic growth throughout the euro-zone led to risk aversion among investors. Of particular concern is the...

Winter Interior Decoration Trends

Trends in interior decoration this winter can not be categorized or summed up with only one word. That is because they are very unusual...

Professional Wardrobe Defines an Attitude

How to Create the Perfect Professional Wardrobe Looking good at your working place is important. It doesn't matter where it is - office, outdoor or even at...

HH Sheikh Mohammed invited to attend World Economic Forum

The Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum has received an official invitation to...

Over three thousand real estate brokers registered in Dubai

The total number of real estate brokers registered in Real Estate Regulatory Agency (RERA), the regulatory arm of Dubai Land Department (LD) have reached...

Fifth Summit on the Global Agenda opens tomorrow in Dubai

The fifth Summit on the Global Agenda opens tomorrow in Dubai, convening 88 World Economic Forum Global Agenda Councils with more than 1,000 of...

Property boom stumbles in oversupply reality

The global financial meltdown from 2008 caused a freeze to a large number of high-profile construction projects in Dubai and across the world. During...

MENA economic growth up at 5.1 percent in 2012, IMF

The economic outlook for the Middle East and North Africa region is mixed. Most of the region’s oil-exporting countries are growing at healthy rates...

UAE flag in the Guinness Book of World Records

Najmuddeen Meera Hussain, the owner of Around the World Clocks and Gifts (ATW) applied to the Guinness Book of World Records for the largest...

What is Fiscal Cliff? Everything You Need To Know

Recently a popular term in world news, the fiscal cliff is very much discussed and feared by portfolio managers and investors. What does the fiscal...

Cash property investment yields reasonable income in Dubai

Recently, an anonymous 45 year old financial advisor purchased a two-bedroom apartment in Downtown Dubai. When he appeared at the closing, he brought a cheque...

A Train Wreck in the Bond Markets

Why investors, fearful of currency depreciation, have turned to gold... NOT SO LONG AGO, everyone seemed to think Greece was about to leave the Euro. Well,...

UAE financial markets to close on Thursday

Securities and Commodities Authority(SCA) has announced that the financial markets nationwide will close on Thursday, Nov. 15, and resume transactions on Sunday, Nov. 18,...

Dubai Consumer Confidence Index advanced above average

Consumers and business owners in Dubai have stepped into the final quarter of 2012 with renewed confidence and a brighter outlook on jobs and...