Latest articles

Correction in gold and silver went too far

Silver hit a string of 31-year highs for most of the year, but the rally ended abruptly last week, when repeat margin-requirement increases squeezed...

DAMAC Properties granted approval to process transactions for the re-sale of off-plan properties

Leading independent property developer, DAMAC Properties, has been selected by the Dubai Land Department as one of few developers to be granted access to...

Forbes Middle East: A map for new investments

"Forbes Middle East" has provided in its seventh edition an in-depth study of the free-zones, highlighting the features of these areas and the important...

MENA stock markets’ outlook still one of the sizable risk

In a sea of governmental change among many of the Arab countries in the Middle East and North Africa, stability and investment opportunities will...

Service charges remain high in Dubai

Service charges and fees charged by developers in Dubai continues to be unsustainable high. Maintenance fees at several locations, including Downtown Dubai is rather...

Palazzo Versace Construction Update

Palazzo Versace Dubai is being developed on 130,000 square meters, once completed it will include, restaurants, spa, 188 condominium residences, penthouses, 148 hotel rooms...

The Dubai Mall hosts month-long ‘Electronics Promotion’

Shoppers who spend AED 200 at electronic retailers stand to win LED television, Blu Ray player, home theatre system and a grand prize...

CrossTalk on Osama: Was War Worth It?

Has Osama Bin Laden's death made the world better and safer? Was justice done? Is the War on Terror coming to an end or...

DFMGI dropped 0.71%

Dubai Financial Market General Index (DFMGI) dropped 0.71%, or 11.5 points, to 1618.23, snapping yesterday’s uptrend. The index hit session peak and low at 1631.57...