Paris Gallery plans IPO
Dubai-based group Paris Gallery, which stocks a $300,000 perfume among its luxury products, announced that it is planning an initial public offering. It said...
Basra Oil & Gas International Conference & Exhibition Preview
Basra International Fair Ground
With proven reserves of around 143 billion barrels, Iraq has the third largest reserves in the world situated across 79 oil...
Emaar to launch new project in Downtown Dubai
Dubai-based Emaar Properties PJSC will be unveiling a brand new residential and hospitality project in Downtown Dubai tomorrow.
Emaar send press invites for launch of...
Gold and silver rose after new stimulus announcement
Gold and silver rose to six-month highs on Thursday. This happened after the Federal Reserve's announced round of bond buying caused the US dollar...
US Government unveiled open-ended steps to aid economy
On Thursday, the US Federal Reserve unveiled a series of bold and flexible steps designed to stimulate the economy. The action is expected to...
Poverty and widening inequality reach record highs
According to a recent survey of poverty, the ranks of those classified as poor remained at record highs in 2011. What is more, the...
Nearly 19,000 children die daily from preventable causes
The annual number of deaths of children under the age of five dropped to less than 7 million in 2011. However, according to a...
Daman Investments postpones IPO
Daman, an investment management company in Dubai, announced that it will postpone IPO (initial public offer). The reason Daman cited is a liquidity concern.
In...
World’s Top Universities in 2012/2013
The best university in the world is no longer the Cambridge University in the UK. Nevertheless,
Cambridge is still home of the best university. This...
Apple Considers Opening a Store in The Dubai Mall
Apple Inc. may soon open a store in Dubai. Sources from Apple tipped DubaiChronicle.com that the management considers opening a mega store at The...
Eurozone moves closer to banking union
On Wednesday, the Eurozone moved a step closer to a banking union. It revealed a plan for the European Central Bank to regulate banks,...
OPEC keeps its forecast for global oil demand growth unchanged
The Organization of Petroleum Exporting Countries, or OPEC, on Tuesday kept its forecast for global-oil-demand growth in 2012 unchanged at 0.9 million barrels a...
Emirates takes off to Washington DC
Emirates, one of the fastest growing airlines in the world, launched its daily non-stop service from Dubai to Washington Dulles International Airport (IAD) today....
KHDA partners with International Baccalaureate organisation
Dubai's Knowledge and Human Development Authority 'KHDA' has signed a strategic partnership agreement with International Baccalaureate 'IB' to support the growth of IB schools...
Retail sector on the agenda at Cityscape Global 2012
MENA retail sector expected to reach US$1 trillion by 2014; Retail City reveals all as one of three conferences at Cityscape Global 2012
Emerging real...
Emirates offers discounted fares during the next four days
From tomorrow, for four days only, Emirates airline gives you the opportunity to book Economy Class flights at discounted fares. The discounted fares promotion...
iPhone 5 will cost as much as iPhone 4S, sources
Sources claim that Apple plans to announce the release of a new iPhone at the company’s media event on 12th September. The mysterious...
UAE Central Bank to launch discount window for banks
The United Arab Emirates central bank aims to develop its monetary policy framework by launching a discount window to enable banks to borrow intra-day...