Gold not in a bubble, but short term direction is undefined

Last week marked another weekly decline for the gold price. Fact of note is that the yellow metal posted a new record high at...

Sheikh Mohammed: “Wait for developmental and economic surprises in UAE!”

In remarks to the media during the inauguration of Dubai Metro's Green Line today, His Highness expressed his great satisfaction with the momentous achievement,...

ID Card registration becomes easier

The Emirates Identity Authority (EIDA), the independent federal authority mandated with implementing the Population Register and the ID card programme, has begun to operate...

At.mosphere takes lunch to new heights

Be it for business networking or a catch-up over lunch, At.mosphere, the world’s highest restaurant located within the Burj Khalifa, the world’s tallest building,...

Gold turns Bearish

According to the technical charts, gold prices are approaching levels of support. From the reaction of the yellow metal at those levels, traders could...

Exceptional Meeting for the Council of Arab Ministers of Finance in...

The UAE’s capital city hosted the Exceptional Meeting for the Council of Arab Ministers of Finance today in Emirates Palace

ID cards to be linked to visas in three more Preventive...

The Emirates Identity Authority (EIDA), the independent federal authority mandated with implementing the Population Register and the ID card programme, will link ID card...

Late ID Card Registration or Renewal can cost You dearly

According to a report in Arabic daily 'Al Khaleej', a delay in applying for or renewing ID cards and a delay in registration in...

GCC Emerging, Frontier Markets Haven in Focus

“Once you start thinking about growth… …it is hard to think about anything else.” So declared economics Nobel laureate Robert Lucas, and his point...

Demand for Middle East carriers rose 9.7% above last year’s level

According to a comment on the July air traffic statistics released by the International Air Transport Association (IATA) on 4th September 2011, demand for...

Market analysts split on Gold Price direction

// // Last week gold has managed to recover most the losses it suffered in the week prior despite rising world stock markets. However,...

What to consider when choosing school

It is this time of the year when parents and students should start preparing to join the school life once again. In Dubai, the school...

Emirates SkyCargo takes delivery of Boeing 777 Freighter

Emirates SkyCargo, the freight division of Emirates Airline, has taken delivery of its third Boeing 777 Freighter, the most modern, technologically advanced large freighter...

Emirates flights into/out of New York’s JFK Airport cancelled due to...

Due to the impact of Hurricane Irene, the Airport Authority has suspended flights to and from New York's JFK Airport. As a result,...

Silver might have the strength to break through to new highs

Market sentiment towards silver had a touch of the bi-polar disorder last week as risk appetite swung from each extreme, sending silver and other...

Gold will suffer further losses

// // Gold‘s persistent rise finally slowed significantly last week as record highs were broke on Monday and Tuesday, to hit $1913.50. However, a major...

Gold drops sharply on positive data

Gold price dropped sharply Wednesday after a surprisingly positive data released in the US. Gold futures for December delivery lost  5.1%, or $95.80, to settle...

DFM registers 6000 Real Time Data and eServices users

Dubai Financial Market (DFM) announced that its campaign to register market data and eServices users has achieved outstanding success with as many as 6000...