Latest articles

Local jobs for Local people – Emiratisation

Tens of thousands of ex-pats have been laid off in the UAE and around the rest of the Gulf. But a new law in...

DMCC to host international gold forum in Dubai

1.‘DMCC Gold Convention’ to be held on April 27 at Atlantis, The Palm 2. Gold commands attention with investment demand registering 27 per cent increase...

The Crash of 2008 and What It Means

An excerpt of interview George Soros of Soros Fund Management with Bloomberg News Kathleen Hays.

The new unofficial Dubai Rental Index released

The Dubai Real Estate Regulatory Authority (Rera) released the new rental index, which was expected to show a 10 to 15 per cent drop...

Municipality plans new projects to improve infrastructure

The Dubai Municipality plans to complete several landscaping projects over 283.6 hectares in the city. The projects will improve the city's infrastructure through cultivation...

U-turn in car parking legislation

The Dubai Land Department has revised legislation that was to force residents to pay for a car parking space with newly acquired property following...

Construction costs have dropped to 2003 levels

Should property prices be decreased in line with the reducing costs of building materials? A softening in prices of building materials is expected to kick...

Istithmar World Investment Management (Dubai) Limited to operate from DIFC as a DFSA regulated entity

To focus on private equity and alternative investment opportunities Istithmar World, the investment arm of Dubai World,  today announced that its investment management entity, Istithmar...

Foreign investors net DFM buyers by AED 16.29 mln

Non-Arab foreign investors bought shares at a net value of approx. AED 58.69 million on Dubai Financial Market (DFM) today, while their sell transactions...