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Dubai inflation increased 0.9 percent in February

Dubai inflation rose 0.9 percent on an annual basis in February. Food and transportation costs increased from the previous month, according to data from...

JPMorgan Chase: $5 Million Aid to Victims of Japan Earthquake

JPMorgan Chase announced today that it would commit $5 (USD) million to near-term relief and recovery efforts in Japan in the aftermath of its...

Indian embassy in UAE raises minimum wages for workers

India's Ambassador to the United Arab Emirates, M.K.Lokesh, has revealed that the mission has increased the minimum wage for 36 categories of skilled and...

Global City 2011 opens in Abu Dhabi

The culmination of months of careful planning and hard work, the eagerly anticipated Global City 2011, Abu Dhabi, opens today at Emirates Palace. Under the...

Twitter: 140 Million ‘tweets’ Monthly

Twitter is celebrating its fifth birthday in March. Therefore the company has released its latest set of statistics about its growth and usage, such...

Growth and Profitability Fears after Oil Price Spike

Following the recent oil price spike, investors fear for corporate profitability and global growth, according to the BofA Merrill Lynch Survey of Fund Managers...

Turkish literature and culture take a spot in Abu Dhabi’s International Book Fair

Throughout the past decade, there were continuous efforts to promote exchange and trade between Turkey and the GCC Countries in various industries. The 21st...

UAE sends security troops to Bahrain

Minister of State for Foreign Affairs Dr Anwar Mohammed Gergash stated that the United Arab Emirates, in response to a request from the sisterly...

DFM Index plunges nearly 2.5%

Dubai Financial Market General Index (DFMGI) has slumped 2.47% till today’s mid-trading, with a loss of 38.27 points to 1474.32. Traders comment that this...