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Gold-backed security set for Dubai roll out

Shariah-compliant tradeable security backed by gold to be launched in Dubai next week, say sources. 

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Shares in Kuwait's Global slump after debt default

UPDATE 5: Shares in investment bank fall 7%, while most Gulf exchanges decline.

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Emaar leads losses in UAE markets

UPDATE 5: Merger boosts Qatar in reverse of overall downward trend.

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Gold sellers hang hopes on shopping festival

Dubai's shopping festival expected to help boost gold jewellery sales in emirate.

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Gold trade soars in 2007 despite record prices

Trade through Dubai increased 29% to $19bn last year, with imports up 14.3%.

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READER COMMENTS

  1. Somali pirates free UAE-owned cargo ship 02
    21 Nov ' 09 at 07:58
    In the old days pirate ships were blown out of the water as soon as spotted.Now they have to wait until they attack a ship and then...   More  »
  2. UAE announces Eid and National Day holidays 02
    21 Nov ' 09 at 10:22
    Is it any wonder that Emiratis are reluctant to work in the private sector? One day extra and no request for early payment of salaries.   More  »
  3. RTA to lease out last batch of retail outlets available on Red Line 01
    21 Nov ' 09 at 14:10
    What happened of Last Minute and their 28 outlets - one on each station?   More  »

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