UAE’s first gold bullion coin unveiled in Dubai
In recognition of the visionary leadership of His Highness Sheikh Khalifa Bin Zayed Al Nahyan, President of the United Arab Emirates and his His...
Celebrate Ramadan with exquisite cuisine at Souk Al Bahar
Special Ramadan offers to suit every palette
Featuring a range of F&B outlets from family restaurants, chic café concepts, and waterfront dining
Bask in the spirit...
IDG Connect launches IT White Paper Library App for iPad
IDG Connect has created a new iPad app which gives users full access to its global IT white paper library. This application is free...
Sukuk market for GCC companies continues to expand
According to a report by the Kuwait Finance House (KFH), sukuk issuance worldwide amounted to about US $5 billion in July, down from the...
Key trends in Residential sales across Dubai, Abu Dhabi in Q4
As Landmark Advisory predicted, there has been a solid rise in interest in residential sales across Dubai in certain established and prime residential areas...
DGCX volumes cross two million mark in 2011
76% increase on YTD volume compared to 2010
The Dubai Gold and Commodities Exchange (DGCX) today announced that its year-to-date (YTD) volumes surpassed the two...
Chameleon Club is opening in Tecom, Dubai
Opening in September and situated at the Byblos Hotel in Tecom, The Chameleon Club is the latest breathtaking addition to the UAE nightlife scene.
The...
Silver is the better Buy
Silver declined for the third straight week, despite gold soaring to a record high, which incidentally widens the gold:silver ratio to 44.9.
Silver has traded...
Gold’s bull run may turn into a multi-month consolidation
It has been an incredible week for gold, as it climbed higher and higher on market jitters to finish the week with a light round...
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...
Gold futures up $52, trade over $1,700 an ounce
On Monday, gold futures continued to climb through the Asian trading session. The contract was up $52.00 to $1,703.80 an ounce.
During the session, it...
Silver rose 19% in a month
Silver made impressive gains last week to close at its highest level since early April, when it was soaring higher towards its record level.
During...
Gold‘s uptrend to continue with slight corrections
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Gold continued advancing last week to reach to record highs and soared a little under $40 on Tuesday amid rising concerns...
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...