Oil prices to jump 10% on supply fears and strong demand

The International Monetary Fund forecast oil prices will gain 10 percent on average in 2012 compared with a year earlier on possible supply disruptions...

Prime plot of land on Palm Jumeirah sold for AED 87...

60,000 sqft plot on Palm Jumeirah Pointe, opposite Atlantis bought for AED 1,450 per sq ft Nakheel has sold a prime plot of land on...

Dubai Police to auction confiscated vehicles

Dubai Police announced it intends to auction 129 confiscated vehicles, remaining on its premisses after the legal period of detention. Interested parties can preview the...

Mubadala Aerospace to produce parts for Boeing’s Dreamliner

Strata signs 10-year direct supply contract to produce ribs for 777 and 787 Dreamliner Boeing and Strata formalize long-term vision for Strata's future role as...

Consumer confidence in Dubai remains strong

Overall consumer confidence in Dubai remained robust during the first quarter of 2012, driven largely by a positive outlook on personal finance and strong...

Lease-to-own programme launched for Saadiyat Island apartments

The Tourism Development '&' Investment Company launched a competitive lease-to-own payment programme for the exclusive apartments, which form part of The Residences at The...

Middle East aviation supports 2.7 million jobs

Cooperation Key to Meeting Challenges in the Gulf Region The International Air Transport Association (IATA) called upon all parts of the aviation value chain in...

Emirates launches official Facebook page

Emirates Facebook page attracts over 300,000 people in three weeks Emirates airline, one of the world’s fastest growing airlines, has officially launched its Facebook page...

Additional 28,000 residential units to enter Dubai property market in 2012

Approximately 28,000 additional residential units are currently scheduled for completion in 2012, according to Jones Lang LaSalle. This figure would represent an 8% increase...

Dubai Real Estate Market Overview – Q1 2012

Latest research report by  Jones Lang LaSalle called ‘Dubai Real Estate Market Overview – Q1 2012’ covers the current developments within the Dubai office, residential,...

Global advertising spend increased 7.3 percent in 2011

ad market in Middle East & Africa ended 2011 with an 11.3 percent increase in spend vs. 2010 2011 continued to be a challenging year...

Value-packed mortgages for resident expats

Interest rates starting from 4.49 per cent (with fixed rate pricing options for up to 7 years) Up to 85 per cent financing Includes free life,...

Reap the rewards when you spend at Carrefour

Customer loyalty programme ‘MyCLUB’ launched for customers in the UAE Collect and spend – Carrefour MyCLUB points redeemable against hundreds of items in-store Looking for something...

17% increase in business licenses issued in Dubai

The Dubai Department of Economic Development (DED) issued 1,507 business licences for various types of businesses in Dubai in March 2012, a 17% increase...

How businesswomen should approach media, MENA BWN

Guidelines from leading women in regional and International media MENA Businesswomen's Network Forum Media Leaders Session - Businesswomen in the Media On Friday, MENA Businesswomen's Network...

Prices of building materials rose in Q1 2012

Statistics Centre - Abu Dhabi (SCAD) issued today its monthly report on the prices of building materials for the month of March and the...

Consumer trust in online, social and mobile advertising grows

Online consumer reviews second most trusted source of brand information and messaging 92 percent of consumers around the world say they trust earned media, such...

Direct commercial property transaction volumes down in Q1 2012

Direct commercial property transaction volumes reach $75 billion in Q1 2012 Subdued global volumes recorded in Q1 2012 after strong 2011 Preliminary Q1 2012 volumes down...