US-GCC Deal is On

The United States wants to sign a trade agreement. Prospects for GCC (Gulf Cooperation Council) are looking up as the US has its eyes set on signing a Trade and Investment Cooperation Agreement (TICA) with the nations included within the council’s auspices. The major nation this pact is being signed with is the United Arab […]

Economic Growth in the UAE

UAE economy has prospered despite crisis. Shaikh Mohammed, the Vice President and Prime Minister of the UAE, has been quoted as saying that,” the UAE’s economy has moved well beyond the impact of the global financial crisis, having witnessed a major turnaround characterized by strong growth in recent times.” He attributed the progress to the […]

UAE Students Top CBSE

Dubai youngsters ahead of their Indian class fellows. The CBSE (Central Board of Secondary Education) announced its results to the whoops and cheers of the Dubai-based students. The average pass percentage of the UAE teens was 94.2% in sharp contrast to the 81.7% of Indian learners. However, in the words of one of them: “I […]

UAE Teens are Big Spenders

The average UAE teenager is a shopaholic. Gone are the days when people used to save their money for hard times ahead. Nowadays, its consumption that counts. And when it comes to “conspicuous consumption”, that interesting phrase coined by Thorstein Veblen, the United Arab Emirates tops the list. In an exhaustive survey made by AMRB […]

Dubai Bank Takeover

Bank brought under Dubai Government patronage. The Government of Dubai has decided to take over the responsibilities of the Dubai Bank on an urgent basis. This action has been taken to preserve the depositors’ accounts and assets. A capital booster shot has been injected into the bank’s circulation. This was a necessary and timely act […]

UAE: Abu Dhabi Gallup Centre to open this year

The official WAM news agency reported that Gallup, which is a global opinion research organization is to open a research centre into Muslim opinion in the United Arab Emirates. On Sunday, WAM said: “Building on Gallup’s seminal work in the field of Muslim studies, the Abu Dhabi Gallup Centre (ADGC) will offer unmatched research on […]