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Federal Ministries begin implementing the G2 E-Dirham System

Federal Ministries in the UAE have begun implementing the second generation of the E-Dirham within their entities as announced during a press conference held...

UAE to implement 5% VAT

The United Arab Emirates may soon set a value-added tax of 5 percent as part of a regional development plans, according to the undersecretary...

Capitalism Collapse? Occupy Wall Street!

The collective voices of American dissent has manifested into a movement impossible to ignore. "Occupy Wall Street" began in the world's financial capital, but...

Khalifa Fund announces commitments of AED 600 million made to 367 projects since inception

His Highness Sheikh Hamed bin Zayed Al Nahyan, Chief of the Abu Dhabi Crown Prince’s Court, highlighted the interest of His Highness Sheikh Khalifa...

Corporate Fraud and Bribery Briefings

Ernst & Young has organized Corporate Fraud & Bribery Update briefings in Abu Dhabi and Dubai, attended by senior corporate officers. The briefings aimed...

Oil Market sees Correction

Last week, crude oil for November delivery slumped to a low of $74.95 per barrel and subsequently found a base before heading higher. Tuesday‘s...

University of Dubai to participate in International Education Show 2011

  The University of Dubai (UD) announces its participation in the International Education Show, the UAE’s premier and most comprehensive higher education platform, which...

62% of UAE employees believe their income is not balanced with cost of living

The latest results from the recent Consumer Confidence Index survey carried out by Bayt.com, the Middle East's number one job site, and research and...

Surplus may bode ill for Silver

// // Last week, silver slowly added around 3% to breaking a run of four weeks consecutive losses and perhaps signalling further upside in...