Latest articles

‘Dubai Smile’ to become the seventh crossing across Dubai Creek

His Highness Sheikh Mohammed bin Rashid Al Maktoum approved the design of the seventh crossing (Dubai Smile) across Dubai Creek, reported...

Kuwait Stock Exchange to resume trading on Monday, 17th November

The court in Kuwait ruled today that the Kuwait Stock Exchange should resume trading on Monday. On November 13, in unprecedental ruling the court ordered...

DAMAC introduses new payment plans

Property Consultant from DAMAC Properties told  DubaiChronicle.com that the company is introducing new more flexible and affordable payment plans, along with various  discounts....

Global economy enters recession

According Credit Suisse Group, the financial services company, headquartered in Zurich, Switzerland since 1856, the short-run outlook for the global economy is gloomy and...

Foreign investors purchase Dh 1.053 billion worth of shares on DFM last week, sold Dh 1.005 billion

Dubai Financial Market (DFM) announced today that the value of shares bought by foreign investors, or non-UAE nationals, during last week (09 November...

Financial Stability Unit established by the Central Bank

According Zawya Dow Jones and Emirates Business 24/7, UAE's Central Bank has set up a new task force to help the country’s financial industry...

Mortgage Glossary

MORTGAGE A written document, in the form of a temporary conditional contract, taken by a lender as security for the repayment of a loan. PRE-APPROVAL A commitment...

Permanent property exhibition centre established

Property Outlet a concept of 24 Group 24 GROUP, outdoor media specialists and exhibition stand builders, is establishing a permanent exhibition centre where real estate...

Eid al-Adha on the sunset of 7th of December

In the Muslim calander, a holiday begins on the sunset of the previous day, so observing Muslims will celebrate Eid al-Adha on the sunset...