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Recession or Depression?

A recession is defined to be a period of two quarters of negative GDP growth. By definition is a national or world event and...

DED hosts high-profile Bavarian delegation

1.Delegation reviewed Dubai’s business environment 2.DED shares its role in enhancing the growth of Dubai’s business sector The Department of Economic Development (DED) presented an overview...

Bailout actions for the Real Estate Sector badly needed

The United Arab Emirates may be preparing a bailout plan for the real estate industry, said EFG- Hermes, according Bloomberg. After the Government of...

Chinese State Circus at Dubai Festival City extended

The Chinese State Circus show, the highlight of Dubai Festival City events during DSF 2009, will now run till March 1 due to overwhelming...

New residency visas issued on daily basis

The number of working visas being issued in Dubai remains a “net positive”, according to the chief economist in the Dubai government. Real growth in...

Dubai Property Market Fears

 

“UAE property prices have fallen off a cliff”

UAE Property - Chill winds rapidly changing landscape In it's latest report Morgan Stanley summarized what the firm considers are the most important developments in...

Salaries Cap for Dubai’s Top Executives?

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Dubai Crown Prince launches Hamdan Bin Mohammed e-university

The first e-university in the Arab region Dubai Crown Prince HH Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum launched today the Hamdan Bin Mohammed...

Banks ordered not to publish audited annual accounts

UAE Central Bank ordered all banks not to publish their audited annual accounts or announce any data related to the 2008 results, according an article...

Dubai property prices decline

The latest report by HSBC stated that Dubai property prices fell 23% last month from their record high in September. Prices for Dubai villas...

Global property sales for the last three months of 2008 down...

Dubai saw sales volume more than double in 2008 Middle East Q4’08 property sales down 62% over Q4’07 Real Capital Analytics, Inc. (RCA) is an independent...

This DSF The World renowned Chinese State Circus checks in to...

Festival Centre kicks off Dubai Shopping Festival with a variety of exclusive and breathtaking entertainment for the whole family Festival Centre, the heart of...

Dubai Department of Economic Development Executive Committee’s inaugural meeting to discuss...

1. Foreign Investments Office, Dubai Shopping Festival, Dubai Export Development Corporation and Sheikh Mohammed Establishment under DED 2. Al Qamzi: The Executive Committee will play...

BenQ and NTS jointly launch attractive year end promotion across the...

Customers in the UAE can now avail BenQ 32 inch (HD ready) & 37 inch Full HD LCD TVs at a ‘record offer price’...

The 3rd anniversary of HH Sheikh Mohammed Bin Rashid as Ruler...

A special documentary on the 3rd anniversary of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President, Prime Minister and Ruler of Dubai taking...

Public Sector to observe national day, Eid Al Adha from 2...

Federal ministries, department and entities will remain closed from 2nd December 2008 (4th Zul Hija 1429) up to 11th December 2008 (13th Zul Hija...

Property sales in Dubai and Abu Dhabi stand still

Real estate Industry shrinks Property Consultants loose jobs Property sales in Dubai and Abu Dhabi have come to a near standstill, according to real estate industry...