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UAE Consumers on Spending Sprees

Deposits decreased, loans increased The UAE Central Bank today announced that money supply M0 (currency in circulation + currency at banks) increased by 0.4%, from...

Meet Michelle: Entrepreneur starting Dubai’s newest Social Club

Michelle McDonald is just about to host the first event of Gooseberry, members-only networking club for like-minded professionals. She is not a newcomer...

Have you ever dreamed about starting your own business?

In 2011,  the ADCB Ambition Award is back for its third year, as part of the Emirates Woman, Woman of the Year Awards. Last...

Emirates Green Building Council offers seminars and workshops

Emirates Green Building Council (Emirates GBC), an organisation aimed at conserving the environment by strengthening and promoting green building practices in the UAE, has...

Inflationary pressures likely to drive silver prices

Silver declined for the 5th consecutive week, as precious metals and commodities in general decreased in values on broader based risk-off sentiment. “Silver fundamentals remain...

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...

Markets likely to perform on the upside

Saudi shares climbed for a third day on Saturday, led by petrochemical companies and banks, after U.S. stocks posted the biggest weekly rally in...

Employers to cancel Labor Cards online

The Ministries of Labour and Interior will jointly implement the Electronic Cancellation Service of Labor Card with effect from Sunday, reports the official news...

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...