Gold likely to remain under pressure

Gold prices declined further on weekly basis as sentiment tended more towards risk. Trades were influenced by the passing of an austerity plan in...

Farmville’s creator Zynga files for IPO

Zynga Inc. announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to a...

Losses for silver short-sellers near infinite

The current setup is extremely bullish for silver price, according to Sprott Asset Management. Whatever froth and excess was present in the paper markets...

Dubomedy makes “funny” a family business

Ahlan’s Hot 100 Comedy Couple made it official! Renown comedians, Mina Liccione and Ali Al Sayed, were married at a splendid wedding ceremony held...

Boost to investor’s confidence

The UAE government Tuesday undertook a raft of measures as part of efforts to underpin economic growth within its strategic plan 2011-2013, ...

HH Sheikh Mohammed bin Rashid: National economy solid

The UAE's economy is robust and is based on solid foundations and a long-term vision, Vice President and Prime Minister and Ruler of Dubai...

Armani Hotel Milano is looking for 180 professionals

Armani Hotel Milano, the second property to be opened in the Armani Hotels & Resorts portfolio – a collaboration between Giorgio Armani S.p.A. and...

Silver Outlook: Neutral on the week with a slight bearish touch

A 155 cent down on the last week and the market starts to feel very tired. ETF redemption to the tune of another 5...

Gold Outlook: Neutral with a hint of bearishness

Gold is down 37.50 Dollars on the last week. The metal lost 3.8 per cent in 48 hours between FOMC on Wednesday evening and...

HH Sheikh Mohammed bin Rashid grants scholarships to 20 top students

It has been decided to provide scholarships to the top 20 national students in the high secondary school examinations in the universities of their choice.

DGCX Indian Rupee Contract records highest ever daily volume

Daily Indian Rupee volume of 15,509 contracts on June 23, 2011, valued at US $ 688.52 million, is highest since launch of the contract Total...

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...