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Inflation up 0.7 percent in the first two months of 2012

Abu Dhabi (SCAD) issued today its monthly report on the consumer price index (CPI) and the inflation rate in the Emirate of Abu Dhabi...

Dubai tops the world in hotel occupancy levels

Dubai position rose to first in January 2012 from sixth last year Dubai rise two positions for average room rate to reach second spot Dubai placed...

OPEC Oil Production climbs to 31.27 million barrels per day in February

Crude oil output from the Organization of the Petroleum Exporting Countries (OPEC) climbed by 400,000 barrels per day (b/d) to 31.27 million b/d in...

Powerboat racing new series coming to UAE

London-based promoter Powerboat P1 Management will reveal its new series to be located in the United Arab Emirates (UAE) when it attends the prestigious...

Habtoor Polo wins KBL Dubai Polo Gold Cup 2012

Mohammed’s Al Habtoor team won The KBL Dubai Polo Gold Cup by defeating Bin Drai by 6 goals to 5 after a fantastic game....

Office rents in Dubai expected to remain flat in 2012

Dubai's office market is forecast to see demand of around 4.5 million square feet over the next year, with rents expected to remain flat,...

World-renowned authors tour At the Top, Burj Khalifa

Several world-renowned authors who are in Dubai to take part in the city’s prestigious literary event, the Emirates Airline Festival of Literature, toured At...

Global house prices edged higher in 2011

Global House Price Index could slip into negative territory during 2012 The property market in Brazil was the strongest performing globally last year, while Ireland...

Dubai’s Farmers Friday Market you should not miss

You should come to visit and trust us: You won't be disappointed! It is happening every Friday morning, at Souq Al Bahar, opposite the base...