Monthly Archives: May 2013
Prospects for further easing push gold prices forward
On Wednesday gold prices extended gains on renewed investors’ optimism. Market player are expecting new monetary stimulus from the European Central Bank and further...
May 1 is celebrated worldwide as International Workers Day
Today the world marks the International Workers’ Day. Even though this is not an official public holiday in the UAE, many other countries...
4,700 hotel rooms to be added to Dubai hospitality supply in...
The first quarter of 2013 witnessed the addition of approximately 500 branded hotel rooms in the Dubai hospitality market. The openings included Ocean View...
Continuous Growth in Retail Spending Causes Ecessive Shopping Malls Construction in...
As of Q1 2013, total retail space across the Abu Dhabi metropolitan area stands at approximately 1.78 million sq m, according to JJL latest...
App developers to embrace cloud services
A new report by IT research and advisory firm Gartner., Inc. has found that in only three years, about 40% of the mobile app...
Abu Dhabi Plans to Set Up a Financial Free Zone
Abu Dhabi is preparing to establish a financial free zone which will be similar to the one in Dubai. The aim of this financial...