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Yearly Archives: 2012

UAE ranked 30th globally in Human Development Index

The UAE has been ranked the thirtieth among 187 countries, according to the index of human development world report 2011 released by United Nations Development Programme (UNDP).

Thousands head to Night Souq in its first days

Thousands of shoppers are making a bee-line to the Night Souq, the unique DSF attraction that has given a new dimension to shopping in...

World premiere of Bollywood ‘Players’ in Dubai

Zee Aflam marked its partnership of the world premiere of Players, a Bollywood heist movie starring A-list stars Abhishek Bachchan, Bipasha Basu, Sonam Kapoor and Neil Nitin Mukesh, in Dubai on Wednesday, January 4, 2012 at Grand Cineplex.

Dubai announced 12 billion AED mega solar energy project

The Supreme Council of Energy (SCE) for Dubai has launched the Mohammed bin Rashid Al Maktoum Solar Park. This is a leading project implemented by the SCE and managed and operated by Dubai Electricity and Water Authority (DEWA).

Steelfab 2012 begins at Expo Centre Sharjah

This optimism was clearly visible as the eighth edition of the region's premier steel fabrication show - SteelFab 2012 - got off to a rousing start at Expo Centre Sharjah on January 9, 2012

Opportunity to develop local asset-management industry

The accumulated assets of a UAE pensions system would probably run into hundreds of billions of dollars, granting a significant opportunity to develop a local asset-management industry.

World Solar Car Challenge 2011 winner to debut at World Future...

Tokai Challenger, winner of the 2009 and 2011 World Solar Challenge, the world's premier race for solar cars, is set to make its Middle East debut at the World Future Energy Summit from January 16.

Penalties on businesses in Dubai reduced

His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai , with his capacity issue decree to reduce penalties on businesses in Dubai.

Global Village concluded 2011 with 2 million visitors

Car queues reached 10km on Emirates road during the first two days of the Dubai Shopping festival 2012 Global Village, member of TECOM Investments and...

Latest UAE economy highlights

The Dubai Shopping Festival in 2011 contributed AED 15.5bn, with AED 5.9bn spent by regional and international visitors, according to a report released by...

Silver prices expected to rebound

Earlier last week, strong manufacturing data from China and India, amongst other countries provided good profit opportunities in the silver trades. After retreating nearly 15.5% since early...

Dubai Mall celebrates Dubai Shopping Festival with prizes and colorful entertainment

The Dubai Mall is celebrating Dubai Shopping Festival 2012, the region’s largest shopping and entertainment extravaganza, by offering lucky shoppers prizes of up to AED 1 million.

Weaker gold prices in the week ahead

A survey released by Kitco News, sees weaker gold prices in the week ahead, with the Eurozone troubles forcing traders to return to the safety of the U.S. dollar.

Adopt early to changes in Payments Industry

Close examination of the “innovation clusters”, known also as incubators for new technology aiming at consumer simplicity, now signals that an innovation in the payments industry is ready for prime time.

Dubai hosts annual meeting of Arab Energy Club

His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Supreme Council of Energy, welcomed the annual meeting of the Arab Energy Club in Dubai, the first time the gathering has been held in the emirate.

Dubai SME partners Big Idea Start-up Challenge 2012

Dubai SME formerly known as Mohammed Bin Rashid Establishment for SME Development will be partnering Big Idea Start-up Challenge 2012. The event is scheduled on 16th February 2012 at the Dubai Knowledge Village Auditorium & hosted by Carole Spiers –BBC Guest Broadcaster & CEO Carole Spiers Group UK.

DED discusses eServices strategies and business registration with Abu Dhabi Department...

A delegation from the Commercial Affairs Sector in the Abu Dhabi Department of Economic Development recently visited the Dubai Department of Economic Development (DED) to review the workflow and procedures within the Business Registration and Licensing Division of DED.

Cloud Computing World Forum Middle East & Africa

Over 300 senior IT decision makers are already registered to attend the Cloud Computing World Forum Middle East & North Africa, taking place on the 28th - 29th February 2012 at the Address Hotel, Dubai.