More than 700 global thinkers from 60 countries have gathered in Dubai to seek solutions to some of the key issues faced by the global leadership in a three day Global Agenda Summit conference that will formulate some suggestions for the next year’s annual World Economic Forum in Davos.
Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Crown Prince of Dubai while addressing about 700 delegates of the Global Agenda Summit Conference said that the UAE economy is recovering from the impact of the global financial crisis. He further said:
The measures …

According to Colliers International’s House Price Index, there has been a 7% increase in the value of residential properties in Dubai between July and September, the first increase since the market fell. Property prices in Dubai returned to approximately the same level as those recorded in second quarter 2007 in September.
Apartment prices increased by 6% quarter on quarter, villa prices increased by 9% and townhouse prices increased by 7% compared to the second quarter.The overall volume of market transactions increased by 64% during the third quarter compared to the previous …

The UAE President Khalifa bin Zayed al-Nahyan has said that economy of the United Arab Emirates was strong including Dubai despite the global recession.
Previously known as the Trucial States, the United Arab Emirates was formed in 1971 comprising of  seven emirates: Abu Dhabi, Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah and Umm Al Qaiwain. The president of the United Arab Emirates is Khalifa bin  Zayed Bin Al Nahayan, who was elected president after the death of his father Sheikh Zayed bin Sultan Al Nahyan in November 2004. …

Rabia Zargarpur or Rabia Z, born and raised in UAE, moved to United States about 15 years ago, is now back in UAE with her husband.  In an interview, she said, “I speak as a fashion designer, a Muslim, a woman and a mother and it’s a tremendous achievement to finally see the fashion industry and the world of commerce appreciate and encourage the idea of an up and coming international brand name which seeks to fulfil the fashion needs of contemporary women of the Islamic faith.”
She further said, “It …

The Government of United Arab Emirates (UAE) signed a US$3.3 billion contract for American-made Patriot missiles which will further deepen the military ties between the US and the UAE.  The agreement, signed with the US defence contractor Raytheon, includes technology, training and supply of the medium-range missile system, which is part of a multi-tiered defensive shield the UAE Armed Forces is building to protect the nation from perceived threats in the region.
Analysts say the UAE faces no imminent threats, but add that the intensifying standoff between the UN and Iran over its …

Real estate analysts and buyers urging that Property developers in the UAE should provide investors “an affordable exit route to ward off distress sales” that could further rock the depressed market. With the real estate sector facing a sudden slump in the backdrop of a sweeping global financial turmoil, it is imperative that developers as well as authorities should take a series of measures to restore investor confidence, analysts further added.
A leading banker, who wanted to remain unidentified, said a possible initiative from the government which could restore confidence and …