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Tamweel introduces promotional home finance profit rates starting from 4.99 per cent

Real estate finance provider offers up to 80 per cent finance on ready residential properties in Dubai and Abu Dhabi Tamweel PJSC, the UAE-based Islamic...

Arab Health opens today

More than 65,000 medical and healthcare professionals are expected to descend on the Dubai International Convention and Exhibition Centre this week for the Arab...

Loan losses of Gulf banks to drop, according Fitch

Fitch Ratings has said that banks in the GCC region are likely to report lower loan and investment losses in 2011 because impairments have...

DFM benchmark slides 0.32%

Dubai Financial Market General Index (DFMGI) extended its losing streak for the third straight day. It inched down 0.32% with a loss of approx....

UAE releases silver commemorative coins

UAE Central Bank releases fifty dirhams souvenir coin to mark 50th anniversary of discovery of Umm Al Nar civilization On the 50th anniversary of the...

Riding A Trend

When it comes to looking cool, the Gulf's youth knows what it likes: expensive cars, the latest mobiles and designer sunglasses. However, unlike many...

Dubai Property Industry to Remain Under Stress in 2011, according CB Richard Ellis

Dubai’s real-estate industry will remain under stress with occupancy levels dropping because of “massive new supply,” according to CB Richard Ellis Group Inc., reports...

Union Railway to tender civil engineering contracts in March

Union Railway, the master developer and operator of the UAE's national railway, today announced that it will tender civil engineering contracts in March. Construction...

Economic Recovery in Slow Motion

Don’t count on the average consumer to bail out the local economy, not just yet! Consumers will continue to get caught up in post-recession measures...