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Monthly Archives: May 2013

Consumer confidence declined among Middle Easterners

Consumer confidence declined in four of six Middle East and Africa markets in Q1 2013, reflecting negative sentiments about personal finances and job prospects,...

Dubai Among World’s Top 5 Hottest Retail Destinations

London is the world’s most important destination for international retailers, followed closely by Dubai, according to the annual CBRE report. "How Global is the...

Top 8 Videos in YouTube 8 Years History

Today, the biggest video-sharing website YouTube celebrates its 8th birthday. The platform first kicked off in May 2005 and ever since developed on fast...

MENA is the fastest growing e-commerce region

Visa announced the launch of an in-depth study of the rapidly-growing e-commerce market across the Middle East and North Africa region. The comprehensive study,...

Burj Al Arab introduces exclusive 24-carat gold iPads

The hotel’s guests can also enjoy iMacs available inside all 202 suites Burj Al Arab, the World’s Most Luxurious Hotel, introduced today bespoke 24-carat gold...

Sovereign Wealth Funds allocate new assets to private equity

20% of Sovereign Wealth Fund new assets allocated to private equity Property and infrastructure are not the big SWF ‘alternative investment’ story Major sovereign governments and...

Construction of new man-made island begins in Dubai

The construction works on Bluewaters Island started in Dubai this Monday. The newest man-made island will be situated approximately 500 meters opposite of the...

Summer activities for kids at Dubai International Art Centre

Summer is back and so is the fun at Dubai International Art Centre (DIAC) that’s buzzing with cool creative indoor activities. Read more: Summer Camps Summer...

Investment opportunities drive Indian, Russian and Chinese capital into UAE

2013 Invesco Middle East Asset Management Study ‘South-South’ trade in action - local investment opportunities drive Indian, Russian and Chinese capital into UAE The United Arab...

Global demand for gold jewellery up 12% in Q1 2013

The latest World Gold Council Gold Demand Trends report, which reports on the period January-March 2013, shows a market driven by diverse global demand,...

Small business niches with good potential

Thanks to flexible business and credit plans, finding a small business niche and starting a venture on your own is now easier than in...

Emirates SkyCargo Wins Best Air Cargo Carrier Middle East Award

Recognised at Asian Freight & Supply Chain Awards for 18th consecutive year Emirates SkyCargo, the freight division of Emirates, one of the fastest growing international...

Rents in Downtown Dubai fall faster than expected

On May 13, DubaiChronicle.com published an article exploring the probability of rents in Downtown Dubai to fall during the coming summer months. A week...

Dubai Metro Transports 33.3 Million People in Q1

During the first quarter of 2013, Dubai Metro managed to achieve a significant increase in the number of commuters carried compared to the same...

Private Equity Focus Shifts From Emerging Markets

Private equity investment activity in the Americas is positioned for a solid year, while markets in Europe and Asia-Pacific tread water; this according to...

Social Media – A Shortcut to Plastic Surgery

Social media websites are a modern-day vanity fair. They are a place where many people do all they can to get noticed and...

Market players take positions in physical silver

Despite, the current low silver price, investment advisors express opinion that now might be the right time to take positions in physical silver. Investors are...

Bad week for gold, good for palladium

Another bad week for the gold price without a single day of rising prices, short covering, etc; palladium is the hands-down winner of last...