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Enjoy Exquisite Dining Events at One of the Premier Luxury Hotels in Dubai DUBAI, UNITED ARAB EMIRATES, Dec 27, 2011 — An opulent retreat in one of the world’s most sought-after destinations, The Ritz-Carlton, Dubai International Financial Centre welcomes guests to celebrate the season in high-style with an array of events sure to delight and … Read more
According to many industry professionals in the Middle East, the Dubai Property market is finally on the road to recovery. This has certainly been helped by the huge increase in demand from international buyers, many from the UK and the rest of Europe that are looking for a cheap investment property with good rental yields. … Read more
There are many benefits of company incorporation in Dubai for businesses that wish to expand to other borders. Business is worth eighty billion dollars and this represents a one hundred percent increase since the year two thousand and five. Such is the growth that this area has achieved in a relatively short space of time. … Read more
Legislative moves to introduce a Real Estate Investment Trusts (Introduce REITs to Dubai) under the jurisdiction of the Dubai International Financial Centre (DIFC) are reportedly underway by the Dubai Financial Services Authority (DFSA), the independent regulator of the DIFC. “The proposed Investment Trust Law introduces a new investment vehicle for use by Funds to facilitate … Read more
The Dubai Gold & Commodities Exchange will begin the Persian Gulf’s first trading of currency futures on June 12, said Chief Executive Officer Framroze Pochara. We will start with euro-dollar and pound-dollar currency futures in lots of 50,000, and yen-dollar futures in lots of 5 million… A currency future, also FX future or foreign exchange … Read more
Persian Gulf monarchies, flush with record oil revenue, are betting that a $7.5 billion theme park with an indoor ski slope, a $1.2 billion power grid and a $1.2 billion cargo shipper will shield them from the next energy bust. Gulf investors have announced $8 billion of overseas acquisitions in the past 18 months, including … Read more
Dubai: The Dubai Gold and Commodities Exchange (DGCX), which is expected to go live this year, will float a fully owned subsidiary to carry out the settlement of trades on the exchange. David Rutledge, chief executive officer of the Dubai Metals and Commodities Centre (DMCC), said the new clearing house being established by DGCX will … Read more