DUBAI 3 May 2017: The Consumer Price Index (CPI) in Dubai shows a drop of 2.22 per cent in food prices in the first quarter of this year. However, the overall CPI rose 1.01 per cent […]
DUBAI 24 April 2017: The GCC countries – including the UAE – have been urged to keep VAT ‘low and simple’ to avoid inflationary rise. “Based on other markets’ experiences, I would urge the […]
ABU DHABI 23 April 2017: Affected by internal and external factors, the inflation rate in Arab countries may reach 9.8 per cent and 9.6 per cent in 2017 and 2018 respectively, the Arab Monetary Fund predicted […]
Gold rates for Friday, May 5, 2017 Daily Morning 9:00 AM Afternoon 3:00 PM Evening 8:00 PM Ounce rate 4532.45 4532.45 24k* 149.50 149.50 22 k* 140.50 140.50 21k* 134.00 134.00 18 K* 114.75 114.75 DD/TT […]
ABU DHABI 22 April 2017: Mubadala Capital, the financial investment arm of Mubadala Development Company, announced a transaction with Ardian, the independent private investment company. Ardian has committed US$2.5 billion to the transaction through a […]
DUBAI 19 April, 2017: The second annual general meeting of Emaar Malls, the shopping malls and retail business majority-owned by Emaar Properties, approved a 10 per cent of the share capital, equivalent to Dh1.301 billion (US$354 […]
DUBAI, 18 April 2017: The 19th Annual General Meeting (AGM) of Emaar Properties PJSC declared a cash dividend of 15 per cent of the share capital, equivalent to Dh1.074 billion (US$ 292 million), for distribution […]
RIYADH 14 April 2017: The Saudi Ministry of Finance has said that it has received significant interest in its first international issue of the Sukuk programme with an order book from investors in excess of […]
Gold rates for Thursday, April 27, 2017 Daily Morning 9:00 AM Afternoon 3:00 PM Evening 8:00 PM Ounce rate 4642.55 4642.55 24k* 153.25 153.25 22 k* 143.75 143.75 21k* 137.25 137.25 18 K* 117.75 117.75 DD/TT […]
By Theda Muller There are so many key reasons why start-up businesses fail before they have even touched the ground. The perception of individuals dreaming about ‘being their own boss’, far outweighs the reality of owning a […]