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New 1,298 trade licenses issued in Dubai

The Dubai Department of Economic Department issued 1,298 new trade licenses during June 2012, indicating a growing interest in commercial and professional activities among...

Abu Dhabi Real Estate Market Overview – Q2 2012

The latest ‘Abu Dhabi Real Estate Market Overview – Q2 2012’ was released today by Jones Lang LaSalle. The research covers Abu Dhabi office, residential,...

Summer Olympics Openers Draw Big Crowds and Advertising Dollars

Nielsen took a look back at past years’ Olympics opening ceremonies to see how they measured up. According to the  analysis, of non-U.S.-based Games,...

Trends and Tips for Dubai’s Real Estate Investors and Tenants

Top five tips for buying or renting in Dubai Just as many were in denial when Dubai’s real estate market took a downward turn, a...

Emaar quarterly profit more than doubles, beats estimates

Half year 2012 net operating profit of AED 1.22 billion (US$ 332 million), 45% higher than half year 2011 Second quarter 2012 net operating profit...

RTA launches Clean Energy Buses

UAE Vice President, Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum recently visited the building of Roads and...

Electricity bills rise by 40 – 50 % in GCC region

A regional expert in AC systems has said that electricity consumption in summer in the GCC region rises by 50 percent compared to the...

Summer Olympics 2012 Opening Ceremony in Pictures

The 2012 Summer Olympics opening ceremony production was replete with inside jokes and cultural references that many non-Brits may find not easy to understand,...

Profit Secrets in a Recession

How to increase sales and profits in a recession Although the doom and gloom merchants in the media would have you believe otherwise, recession does not...

Abu Dhabi National Exhibitions Centre to stage five major new events

Abu Dhabi’s MICE sector set to witness significant growth Abu Dhabi Meetings, Incentives, Conventions and Exhibitions (MICE) sector is gearing up to experience more growth...

Royalty and Rock help Britain opens its Olympics

The queen and James Bond gave the London Olympics a royal entrance like no other Friday in an opening ceremony that rolled to the...

Watch 2012 Summer Olympics in London LIVE

Follow the Official Olympic Channel of the International Olympics Committee. Live streaming of the London 2012 Olympic Games will begin in 64 territories on July...

Emirates, Qantas alliance will result in routing European flights through Dubai

More job openings at Emirates airline and the Dubai airports  Australia's Qantas Airways is on the brink of an alliance with Emirates to revive its...

Why many offices in Dubai remain empty

Oversupply, developing infrastructure, high cost and excessive luxury are the main reasons for over a third of offices in Dubai to remain empty, according...

Time to invest in Silver

Gold takes the spotlight when it comes to precious metals investing. Although widely used in a number of industries, silver lacks traders' interests, as...

Public sector governance reform imminent in Middle East

Arab Spring has compelled governments to pursue public sector reform Accountability, and transparency a priority in state-owned enterprises in Middle East With recent political and social...

Dr. Doom: “We’re Not Even Close to a Robust Recovery”

Nouriel Roubini’s Euro-Zone ‘Endgame’ Scenario Nouriel Roubini, the NYU professor nicknamed Dr. Doom for accurately forecasting the 2008 financial crisis, has just made this Euro...

Is the rent increase in Dubai real?

Rents are going up in Dubai or so many say and many others are made to believe. Media observers and real estate agents comment...