DAMAC plans IPO
DAMAC Properties is considering launching an initial public offering(IPO) on the stock market. The Dubai privately-owned developer has approached banks including HSBC, Deutsche Bank,...
Gold extends gains, while silver fell further
On Tuesday gold advances for a second day. Gains came after data the dollar fell due to weak US data. The disappointing numbers...
Reflecting global economy, entertainment industry flourishes in the Eastern markets
Following the global economy developments of the past five years, after the financial crisis toke the globe by storm, the entertainment industry struggles or...
Silver is steady while prices could have bottomed out
During the last trading session, silver contracts demonstrated rather a weak performance. The silver contract for delivery in May fell by 0.72 % to...
Gold trades flat with better prospects for Q2
On the first day of April, gold was little changed below $1,600 per ounce. The metal traded flat as the euro weakened on constant...
Dubai sees more expats owning homes
A report released yesterday says that Dubai expats and tenants are increasingly becoming real estate owners. The study highlights the importance of the rates...
What to expect from the automotive industry in 2013
The global automotive industry is likely to report modest signs of improvement in 2013. Industry analysts expect car registrations to rise by 5.1% along...
Global Village to close on April 6
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, has ordered extension in the...
Construction to recommence on Dubai Trade Centre District
Work will shortly recommence on the construction and remasterplanning of Dubai Trade Centre District, a 146,000 square metre site between the current Dubai International...
10 Things You Need to Know about Dubai World Cup 2013
The world’s richest horse race, Dubai World Cup, will start in a less than two days. The 2013 edition will be the 18th since...
Silver fell along with the euro
During the early trading session on Wednesday, the silver market fell. Later it managed to bounce off of the $28.00 threshold in order...
Cyprus bailout keeps gold prices above $1,600 threshold
On Thursday gold stands firm above $1,600 per ounce. The steady price is supported by worries that Cyprus bailout deal could turn into...
Dubai Confirmed as World’s 2nd Busiest International Airport
Dubai International has been confirmed as the world's second busiest airport for international passenger traffic, moving ahead of Paris' Charles de Gaulle airport...
DFM to implement buyer cash compensation for settlement
Dubai Financial Market (DFM) announced that it will implement the new procedures of Buyer Cash Settlement for trades as of May 5th 2013 onwards,...
Surprising Facts about Raspberry Ketones
One of the newest and very popular weight loss strategies is the raspberry ketone diet which is said to offer a real hope for...
Top Sector for Small and Medium-Sized Business in Dubai
Travel and Tourism is the Most Promising Sector for Small and Medium-Sized Business in Dubai
If you are planning to start a small or a...
Abu Dhabi Classic FM Ranked Fastest Growing English Language Radio Station...
Station’s share of reach in the UAE market has grown by 34% in three years; now ranked as number three station for western expats
Abu...
Emirates and Qantas Welcome ACCC Decision on Partnership
Emirates and Qantas have welcomed the Australian Competition and Consumer Commission’s (ACCC) approval of their partnership for a period of five years.
The partnership...