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Asians turn to gold to see through market turmoil

Volatile markets and fears about Eurozone debt mean many people are turning to 'safe haven' investment gold across Asia. Goldmerchants are overwhelmed by the...

Young Arab Leaders to Attend Annual United Nations Youth Assembly

Fifteen Arab delegates from around the Middle East were among the 600 young leaders attending the Annual United Nations Youth Assembly (UNYA) as part...

S&P Downgrades US Credit Rating

UAE Central Bank Statement on U.S. Public Debt The United States has lost its coveted top AAA credit rating. Credit rating agency Standard & Poor's...

HSBC to cut 30,000 jobs worldwide

International banking giant HSBC confirmed on Monday it would cut a further 25,000 jobs between now and 2013 as part of a broader cost-cutting...

U.S. strikes deal on debt ceiling; Markets rally

In the U.S., President Barack Obama and congressional leaders announced a historic agreement on emergency legislation to avert the country's first-ever financial default. The resolution...

Commercial Bank of Dubai offers privileges for ‘Dubai SME 100’

Dubai SME, the agency of the Department of Economic Development (DED), Government of Dubai, entrusted with the development of the small and medium enterprise...

Notable Opportunity for Silver

Silver price stalled for the second week running as it battled around the $40 mark to post a decline, breaking a run of three...

Short Term Solutions – Long Term Problems

US still risks default and downgrade Euro zone buys time Few drivers of growth surprises- major economies still struggle Equities are likely to see selling pressure A positive-...

Ramadan Working Hours

Mohammad Obaid Al Qattami, Minister of Education and Chairman of the Board of the Federal Authority for Human Resources (FAHR) has issued a circular...

Emaar Properties records first-half 2011 net operating profit

Revenue for the first six months of 2011 is AED 4.014 billion (US$ 1.093 billion) Second-quarter 2011 net operating profit of AED 422 million (US$...

World-class “smart home” solutions launched in Dubai

e-Home AUTOMATION, a member of Dubai SME, the agency of the Department of Economic Development (DED) in Dubai entrusted with promoting and advancing small...

First Arab woman accepted at Juilliard and NYUGAP

Dina Shihabi was born in Riyadh, Saudi Arabia, grew up in Dubai, and moved to New York City in 2007. She has recently been...

Kim Kardashian coming to launch ‘Millions of Milkshakes’ in Dubai Mall

Fans of Kim Kardashian have a chance to meet the reality TV star at her first appearance in the Middle East World Famous Milkshake bar...

Key word “Dubai” gains dramatic positive populiarity

Dubai's share in mentions in online forums and social media has grown dramatically over the past few months. In May, the mentions outnumbered...

J.P. Morgan: Dubai Holding may sell stakes in du and other...

Dubai Holding's main unit, Dubai Holding Commercial Operations Group (DHCOG) may sell its entire telecom portfolio by 2015 in order to pay back contractor...

UAE fifth most attractive emerging market for European SMEs

The UAE, not only Dubai, recently ranked fifth in most attractive emerging market to do business with in the coming year by European SMEs,...

DGCX sets new daily volume record

Trading on the Dubai Gold and Commodities Exchange (DGCX) surged to a new daily volume high of 19,819 contracts, valued at US $ 967.68...

Exclusive interview with Hrithik Roshan ahead of his latest movie release

Bollywood's biggest pin-up star, Hrithik Roshan, is set to turn up the heat in cinemas with hottest, feel-good film 'Zindagi Na Milegi Dobara'