Middle East’s first online court case registration launched in Dubai

Dubai Courts officially launched three innovative online service programmes. The three programmes provide facility for online case registration, access to archive of case files,...

IMF’ MENA Regional Economic Outlook Defines the Road Ahead

The International Monetary Fund (IMF) launched today its Regional Economic Outlook Update for the Middle East North Africa, Afghanistan, and Pakistan region (MENAP). The...

June 6th Declared Public Holiday

Thursday June 6th will be a paid official public holiday for all workers of the private sector companies and enterprises nationwide to observe the...

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...

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...

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...

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...

Respiratory Viruses Threaten to Cause Global Outbreaks

Viral pandemics occur with surprising regularity throughout world history and today we are battling with not one, but two respiratory viruses which threaten to...

Businesses in Dubai foresee rising demand and higher profits in Q2...

Businesses in Dubai are confident of growth trends continuing to the second quarter of 2013, shows the quarterly business confidence survey conducted by the...

Cannes Film Festival Kicks Off with an Array of Promising Film...

Prestigious Cannes Film Festival is officially on. Yesterday movie stars hit the red carpet in Cannes, France for the 66th time and joined the...

Dubai earthquake code updated

The civic authorities on Wednesday issued new rules asking all new projects to raise the threshold of buildings to withstand earthquake tremors up to...

Gold, silver retreat in favor of global equities

June gold futures closed down $28.30, or 2%, to settle at $1,396.20 an ounce on the Comex division of the New York Mercantile Exchange....