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Dubai office lease rates see further decline

Wednesday, 08 February 2012 at 15:23, Zeena Zalamea, Dubai

With a 30 per cent vacancy rate and more supply coming into Dubai’s office market in 2012, analysts conclude that it will remain a tenant’s market.

A Canadian winter for Africa's wildlife

Wednesday, 08 February 2012 at 13:59,

What happens when you introduce a bit of Africa to Canada? Animals used to the heat of the veldt in a zoo need special care to make it through the frigid heart of a Montreal winter.

Mideast, African banks prioritise IT spending

Wednesday, 08 February 2012 at 12:10, Zeena Zalamea, Dubai

The banking industry has put prime focus into upgrading their IT infrastructure in a bid to be more competitive and modern.

Indian group buys Meydan City land

Tuesday, 07 February 2012 at 17:49, Zeena Zalamea, Dubai

The Sobha Group of India acquired an 8-million square feet of land from Meydan City. The sale was the largest international investment Meydan has made since the development opened.

Shop location key to Dubai retail success

Sunday, 05 February 2012 at 15:47, Zeena Zalamea, Dubai

Some retailers have been raking the benefits of strategically-located shops while others have to reposition their establishments to make profit.

Indians prepare to vote in key state polls

Sunday, 05 February 2012 at 10:31,

In India all eyes are on state elections in Uttar Pradesh this month as the country’s political heavy weights jostle for voters.

Facebook launches historic mega-IPO

Thursday, 02 February 2012 at 17:27, Zeena Zalamea, Dubai

Analysts say the forthcoming IPO may turn the social networking giant into a $100-billion company and its founder Mark Zuckerberg, one of the richest people on the planet.

A hundred years after crash, Titanic exhibit draws crowds

Thursday, 02 February 2012 at 16:12,

It was a century ago this year that the RMS Titanic hit an iceberg and sank into the depths of the North Atlantic, sending 1,500 people to a watery grave.

Portugal shoe makers offer hope in economic gloom

Thursday, 02 February 2012 at 16:08,

Amid all the gloom and doom over debt-stricken Portugal there is a ray of light: shoemaking, one of the oldest and most traditional industries in the country, had a record year in 2011, on the back of

Abu Dhabi targets 600,000 jobs for nationals by 2022

Thursday, 02 February 2012 at 15:30, Zeena Zalamea, Dubai

The government of Abu Dhabi is also encouraging UAE nationals to seek private sector employment.


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