Dubai Maritime City Business And Commercial Operations Thrive In 2012

Dubai Maritime City saw an increase in business and commercial activity in 2012. The City’s Industrial Precinct has tailor-made solutions for maritime industrial, commercial and trading companies and offers facilities such as large and small workshops, warehouses, ship repair plots, shops and canteens. Over 55 local and international organizations involved in the maritime sector and…

Economy

Economy The economic changes that have transformed Dubai into the city it is today. Dubai is an important tourist destination and its port (JebeL Ali) operates at the centre of the exporting trade in the Middle East. With the introduction of the Dubai International Financial Centre (DIFC) in 2004, it has allowed Dubai to develop…

Gold not in bubble as central banks print cash, Faber says

By Bloomberg Wednesday, 7 September 2011 Gold climbed to a record $1,921.15 an ounce on Tuesday Gold’s rally above $1,900 an ounce shows no signs of a “bubble” as central banks continue to boost money supply that has helped spur bullion to a record, according to investor Marc Faber. “I don’t think that gold is…

Dubai for Business

Dubai for Business: “What is good for business, is good for Dubai,” this philosophy of Dubai’s Ruler has transformed Dubai to a modern business hub today. Dubai has emerged as a leading regional commercial hub with state-of-the art infrastructure and a world-class business environment. It has now become the logical place to do business in…

Economy of Dubai

Construction cranes tower above the Dubai skyline in 2008, at the height of the recent construction boom World Trade Center with Deira skyline in the background. Dubai has established itself as the preeminent regional hub for finance, trade, tourism, and shopping.Dubai’s gross domestic product as of 2008 was US$ 82.11 billion. Although Dubai’s economy was…

One-year-old Emirati becomes Dubai’s latest millionaire

 By Claire Ferris-Lay Al Mutiwei’s father, Rashid Khalifa Bin Fatise Al Mutiwei (right), won the top prize two years ago A one-year-old Emirati boy has become Dubai’s latest millionaire after winning AED1m in Dubai Bank’s savings account draw. Mohammed Rashid Bin Fatise Al Mutiwei scooped AED10,000 in each of the July and August draws before…

FOR JEWELLERY AND GOLD THERE ARE SEVEN MAIN CENTERS

FOR JEWELLERY AND GOLD THERE ARE SEVEN MAIN CENTERS 1. Bur Dubai 2. Deira 3. Ghusais 4. Gold Souq 5. Jumeira 6. Karama 7. Satwa Dubai’s Shopping Centres Al-Ain Shopping Centre – located in Bur Dubai, on Al-Mankhool Road, this electronic centre specialises in computers. The shops offer all sorts of peripherals and accessories for…