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DFMGI lost 1.16%

Dubai Financial Market General Index (DFMGI) ended in the negative territory for the fifth consecutive session. It lost as much as 1.16% (17.89 points)...

Victory Heights completed; Potential buyers invited

Prominent UAE based architectural, engineering and interior design firm, Diar Consult, continues to cement their position as leaders in the field of master planned...

Burj Khalifa LEGO Architecture series launch

Emaar Properties has joined hands with the LEGO® Group to unveil the Architecture Series model of Burj Khalifa, the world’s tallest building. The...

Design details and specifications of DubaiSat-2 revealed

UAE’s second remote sensing satellite to be launched in end-2012 His Highness Sheikh Mohammed bin Rashid's commitment to develop UAE youth is real achievement, says...

Emirates Green Building Council to host networking event

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

Dubai retailers prepare for mobile payment platform

Google Inc. is expected to reveal details about how customers will be able to make store purchases, redeem vouchers, and get loyalty points by...

Emirates cancelled flights Dubai – Hamburg

Due to the closure of the airspace over Northern Germany caused by the volcanic ash from the recent eruption of the Grimsvotn volcano in...

Sale of first repossessed Dubai property confirmed

Barclays Bank has completed on the sale of its first repossessed property in Dubai in a move that is expected to open the floodgates...

Oil rally on price forecast upgrades

In reports published on Monday, both Goldman Sachs and Morgan Stanley increased their price forecasts for European benchmark Brent crude, citing decreasing spare capacity...