web analytics

Dubai International Capital Asks for Debt Extension

Investment firm Dubai International Capital, along with a committee of banks, requested a three-month debt extension Thursday till September 30th, though the debt size...

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...

Statment from Emaar: Not merging with Dubai Holding

Emaar Properties and Dubai Holding announced today that they called off merger plans, revealed few months ago. A joint statement said that the decision was...

DGCX sets new daily volume record

Trading on the Dubai Gold and Commodities Exchange (DGCX) surged to a new daily volume high of 19,819 contracts, valued at US $ 967.68...

Dubai Confirmed as World’s 2nd Busiest International Airport

Dubai International has been confirmed as the world's second busiest airport for international passenger traffic, moving ahead of Paris' Charles de Gaulle airport...

Signs of hope amid economic downturn

Month after month, the global economic outlook has been nothing but bleak. But now, could we be about to turn a corner? Japanese stocks rose...

Votes for Dubai to host World Dermatology Congress in 2019

250 Million AED is the Amount of Business Deals Achieved at Dubai DERMA Ongoing Votes for Dubai to host the World Dermatology Congress in 2019 The...

Abu Dhabi International Book Fair opens

H.H. Sheikh Hamed bin Zayed Al Nahyan, Chief of Abu Dhabi Crown Prince's Court today inaugurated the 20th round of Abu Dhabi International Book...

Royalty and Rock help Britain opens its Olympics

The queen and James Bond gave the London Olympics a royal entrance like no other Friday in an opening ceremony that rolled to the...

Meydan unveils premium Dubai beach experience

Meydan has announced the launch of Meydan Beach, its highly anticipated beachside experience located in the Dubai Marina District. The only stand-alone beach facility of...

Why many offices in Dubai remain empty

Oversupply, developing infrastructure, high cost and excessive luxury are the main reasons for over a third of offices in Dubai to remain empty, according...

A new decade of opportunity for the Gulf

UAE, Oman, Qatar and Saudi Arabia leading the race for tourist revenue growth with positive outlook for industry as governments use tourism as major...

Dubai hotels among “World’s Top 100 Most Valuable Luxury Brands”

"World's Top 100 Most Valuable Luxury Brands Official Release ", organized by World Luxury Association, was successfully held in January 2012

Rentals and Property Prices set to fall in UAE, report

New properties coming on stream are expected to keep house prices and rents in the United Arab Emirates subdued and under pressure. According to a...

Emirates, Qantas alliance will result in routing European flights through Dubai

More job openings at Emirates airline and the Dubai airports  Australia's Qantas Airways is on the brink of an alliance with Emirates to revive its...

Woman of The Year Awards open for Nominations

The Emirates Woman' magazine, Woman Of The Year Awards is one of the region's most prestigious, glamorous and inspiring annual event. Now in its...

UAE President orders settlement of loans of citizens

President His Highness Sheikh Khalifa bin Zayed Al Nahyan has ordered settlement of defaulting personal loans of citizens whose debts are less than AED...