The Arab Monetary Fund is unlikely to offer any funding assistance to the euro zone because providing loans to unrest-hit countries across the Arab world has priority, Director General Jassim al-Mannai said on Sunday.
Department of Economic Development (DED) will organise the “Share Best Practice 2011” conference on Wednesday, 14 December, 2011. The event is aimed at promoting a culture of quality and excellence among the business community in Dubai.
Steel, Metal and Building Material companies based in Jafza generated trade worth AED 12.26 billion in 2010 registering a growth of 14% last year in comparison to AED 10.75 billion in 2009.
Sales and leasing prices in Dubai's office market were unchanged in the fourth quarter but activity remained low for sales as companies opted to lease rather than buy.
Sales prices for villas were unchanged in the second half of 2011 but the number of end-users buying both villas and townhouses increased as more families and professionals were able to switch from renting to owning.
The Dubai residential property market remained steady for the fourth consecutive quarter of 2011 in a clear sign that confidence is returning to the emirate's real estate market.
The current macroeconomic environment is expected to hold back the industrial demand, which in turn would add pressure to the already struggling silver prices.
