Optimism prevails among gold and silver traders

Economic Background Europe: The Spanish 10-year bond yield closed the week nearly unchanged at 5.77 per cent, while the Italian 10-year bond yield closed at...

People in Dubai queue for hours to spend millions

The pictures you are seeing bellow are taken at around 8pm on 21st of September in Dubai. The venue is Emaar square, in the...

Three Days-only Deals on Flights

 Take advantage of the latest deals on flights from the Dubai-based Emirates airline. You can enjoy 10% off Economy Class return fares to 30...

Trading Sessions: Gold and Silver, Oil

Gold Gold is trading at 1769.45, keeping its steady position today, while traders try to interpret market movements and central bank policy. Today traders were...

Dubai in Initial Stage of New Property Boom

The long perspective of real estate investments includes ups and downs. The ability to predict an upcoming real estate industry cycle could help...

Main sea freight index up on increased demand for large vessels

Rosier times ahead of shipping stocks The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry commodities, rose for a third straight...

Oil Prices & MENA Unrest

This week prices of crude oil reached its highest level for the past four months. That is due to the tense atmosphere in the...

Dubai rents up and sales flat in Q3, Asteco

Quality residential developments in Dubai built upon their strong performance in Q2, with average rental increases in Q3 2012 of 2% for apartments and...

Comeback in Sentiment Towards Europe

U.S. Fiscal Cliff Replaces EU Sovereign Risk as Top Global Concern Europe is staging a comeback in investor portfolios while concerns about the U.S. fiscal...

Finalists shortlisted for ADIPEC 2012 Awards

ADIPEC jury selects finalists from a pool of over 170 high-calibre candidates After weeks of deliberation, the ADIPEC Awards Regional Select Jury (RSJ), has shortlisted...

World Energy Congress roundtable in Abu Dhabi

Senior energy representatives from the global and regional energy sectors debate the “energy trilemma” and prospects for Daegu 2013 World Energy Council (WEC) Chairman Pierre...

The Effect of Fitness First on Yoga in The Old Town...

Not so long, but until June this year, Hayya Clubs in Dubai were managed by Emaar. Most of Emaar buildings have new and well...

Dubai is among the World’s Most Expensive Cites

Dubai is one of the most expensive cities in the world. That concluded a study conducted just recently by the Swiss bank UBS. Dubai...

Dubai plans a US $1.8 billion bond issue

On Monday, the finance chief of Dubai announced plans of the government to issue a bond to refinance part of its debt maturing in...

World’s Most Expensive Cities in 2012

The global financial crisis and EU’s debt crisis still rocks the boat of the globaleconomy. The average living cost is still rising in America,...

Savings account for children unveiled in Dubai

Shaatir Children’s Savings account will help young people reach their financial goals DIB’s first account specifically for children Dubai Islamic Bank (DIB) today unveiled its first...

Improved economic outlook triggers higher oil prices

Ahead of reports forecast indicating an improving U.S. economy outlook, oil trades near the highest close in four months. Futures went through a slight change...