Gold tanked on dollar strength and crude selloff

Gold declined strongly this week following a slight rise in the week prior. Gold was doing reasonably well until Thursday and Friday where the yellow...

Gold:silver ratio widening, at around 43.4

Silver fell to close the week below the $35–the lowest weekly since the week beginning February 28 as the white metal declined more than...

Dubai Government offices support SMEs with AED40 million worth contracts

Government departments in Dubai have demonstrated their support to the small and medium enterprises sector by providing procurement contracts worth over AED40 million in...

Global companies positive on future for business in Middle East

Six months on from the start of the Arab Spring, businesses around the world say they are positive about the future for business in...

Wasl Properties launches tailor-made solutions for owners associations, private landlords

Wasl properties has announced the launch of a new service dedicated to provide full management services for owners and private landlords in Dubai and...

Wealth management firms revise approach to high net worth individuals

Wealth management firms and advisors need to provide a broader and more integrated set of capabilities to meet the complex needs of today’s high...

Emirates NBD opens new branch in Muraqqabat

Largest branch in Deira to serve busy business district Offers Retail, Priority and Business banking services under one roof Emirates NBD, a leading bank in the...

Outlook for precious metals remains bullish

Head of Precious Metals at Emirates NBD addresses Dubai Gold & Jewellery Group General Assembly Emirates NBD serves as sponsor of annual event Primarily as a...

Registration open for summer activities at Dubai Public Library

The programme encompasses a wealth of educational experiences, spanning 23 training sessions held in association with various organisations, 40 educational sessions, and 67 dedicated...

Consumers see real signs of Economic Recovery in Dubai

The past three years have been confusing for many business owners, and even many industry's veterans are still in doubt what is on the...

Preparing for the next bull-run in silver?

Silver declined for the third consecutive week as broader commodity prices all declined. It also bucked the trend of gold, which garnered attention from...

Silver sales to hit a record on global demand

Silver coins' sales by the U.S. Mint is reported to be at their highest ever. May sales were even 30% higher than April's 2.819...

HH Sheik Mohammed bin Rashid receives trophy at Royal Ascot

Frankie Dettori was aboard the winning 4-year-old colt owned by His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the...

UAE ranks 33 in the 2011 Global Peace Index

The United Arab Emirates ranks 33 in the 2011 Global Peace Index (GPI) announced today. Levels of world peace dropped for the third consecutive...

New eServices to enhance ease of transactions for business owners and...

A key initiative in line with wider application of eGovernment initiatives The Dubai Department of Economic Development (DED) has unveiled two new eServices on its...

Palazzo Versace Dubai show residence demonstrates unique Italian style

The show residence of Palazzo Versace Dubai gives existing purchasers and potential buyers, a glimpse of the unique Versace style, intricate Italian craftsmanship and attention to detail which has resulted in a magnificent and opulent residence which is a world away from a conventionally built home.

Gold may face another round of correction

Gold price bit a two-day decline as inflation in China and India accelerated and Greece’s sovereign- debt crisis degraded. Demand for precious...

Dubai Government promotes bond among international investors

The Government of Dubai, acting through the Department of Finance, today announced a series of meetings with potential investors on a benchmark US$ Reg...