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Yearly Archives: 2015
Gulf Stocks Slide Deepens Amid Global Selloff
Stock markets in the petrodollar-dependent Arabian Gulf tumbled Sunday to multimonth lows, spooked by sharply lower oil prices and a global equities selloff over...
Wireless Audio 360° Delivers Rich Sound All Around
Samsung Electronics Co., Ltd. has announced the introduction of the all-new Wireless Audio - 360 to the UAE. The cutting-edge home audio device utilizes...
Business confidence falls in Middle East, but not as quickly as...
Business confidence in the Middle East continued to fall in the second quarter of 2015, but not as quickly as it had in the...
Xbox One To Get 2 Free Games Every Month
Ahead of the upcoming holiday shopping season, Microsoft Corporation has announced that starting from this month, Xbox One will receive two free games every...
No Imminent VAT Introduction in UAE
An official statement carried by the Emirates News Agency provided an update on value-added tax discussions in the UAE. The statement confirmed that the...
Foreign Investors Enabled to Own Shares in UAE’s National Telecommunication Company
In an historic move, UAE Federal Law No. 01 of 1991 has been amended by Federal Decree by Law No. 03 of 2015, and...
30th of November Declared Public Holiday and ‘Martyr’s Day’
President His Highness Sheikh Khalifa bin Zayed Al Nahyan has given orders that the 30th of November every year will be observed as 'Martyr's...
Removal of fuel price subsidies to boost use of UAE public...
The government’s decision to link the price of UAE petrol to market movements will increase residents’ use of public transport according to new YouGov...
Weakening Outlook for Global Economy Amid Fears Over China
Global investors have shifted their attention from Greece to China amid continued concern of a Chinese recession, according to the BofA Merrill Lynch Fund...
DED simplifies fine settlement for business establishments
New smart system will combine four steps to settle fines within five minutes
The Department of Economic Development (DED) has automated the fine settlement systems...
All you could ever want for your dream wedding at ‘The...
Plan every detail of your dream wedding with the help of true experts at ‘The Address Wedding Fair 2015,’ the leading wedding fair in...
Ras Al Khaimah Free Trade Zone Unveils its Startup Champ Competition
Ras Al Khaimah Free Trade Zone (RAK FTZ) has announced the launch of the RAK FTZ Startup Champ Competition. The competition challenges aspiring businessmen...
Windows 10 now installed on over 50 million devices worldwide
Microsoft released Windows 10 in 190 countries on July 29 as a free upgrade for Windows 7 and Windows 8.1 users, as well as...
Emirates announces world’s longest non-stop flight from Dubai
Emirates, a global connector of people, places and economies, today announced its plans to launch services to Panama City, beginning 1st February, 2016. The...
Gold Demand Falls as Consumer Appetite Declines in Asia
The World Gold Council’s Gold Demand Trends report for Q2 2015 shows total demand was 915 tonnes (t), a fall of 12% compared to...
Dubai has potential to become a leading Medical Tourism Hub
Dubai is all set to become the region’s leading medical tourism hub as it has world class infrastructure to cater to the global medical...
Pride and Frustration in Gulf Banks
Staff in Gulf banks are both proud of, and frustrated by, their work, according to Hay Group. Research conducted in the region by the...
Downtime in UAE Retail Industry Costs Millions
“Always on, always available” – This is what is required of retailers today. Customers need constant access to products and services regardless of the...