Dubai Financial Market's 2008 net profit reaches Dhs605m

The Dubai Financial Market Company PJSC, some week ago announced resilient results for the financial year ending 31st December 2008, illustrating good revenues and a net profit despite of the global financial turmoil.

Total revenues reached

Dhs1.01bn, at the end of 2008, compared to Dhs1.13bn, at the end of 2007. The total revenue comprised Dhs689m operational revenues and Dhs324m investment revenues. The Dubai Financial Market Company PJSC, earning per share was Dhs0.08 compared to Dhs 0.18 at the end of 2007.

And now?
Essa Kazim, Executive Chairman of DFM, said:'Nevertheless, we are pressing ahead with our strategy to enhance our leading position as the market of choice for investors and companies seeking listing. This will enable us to look ahead with confidence supported by the excellent relations we have with our business partners, and the unstinting support of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.

The Dubai Financial Market Received on 23th February a high-level Swedish financial delegation, the visit aim is to strengthen financial and investment relations, and explore cooperation opportunities.

The Swedish delegation

visit to the Dubai Financial Market is part of a tour in the region that includes, the United Arab Emirates and Qatar. His Excellency Bruno Beijer Ambassador of Sweden to the UAE said:' there is huge opportunity to develop the relations between the UAE and Sweden as the UAE is Sweden's second largest trading partner in the Middle East.'

Which MNC (Multinational Companies) does not exist in Dubai?

Title of this article is interesting, why? Because the really question is this. As far as i know i can't say any company which doesn't include some project in Dubai. Perhaps the waterpistol-manufactures... 'cause using watergun in the Desert is dangerous ;)

Lots of MNC means a lots of xmas and new year's eve party, with some special and breathtaking acts. For example: cooling the sand to make icy and snowy feeling.

Amazing huh? Can You imagine that in Dubai the golf players also have the opportunity to soaring in a well-estabilished way? I have to say, you must imagine.

Golf business in luxurious environment

Dubai received the Golf Destination of the Year award

for the Africa, Indian Ocean and Gulf States region, surpassing strong contenders from major golf destinations including Egypt, Morocco and South Africa at the gala ceremony last month.

Award organizers highlighted the excellent standard of service provided at the courses within Dubai.

Dubai is still relatively new to the golf market with eight courses currently open - and more under construction, while other countries in the nominated region dwarf Dubai in sheer size, most notably South Africa with over 80 golf courses among its current portfolio.

The Els Club, the Ernie Els-designed 18-hole links-style course located at Dubai Sports City, opened in early 2008, and has greatly contributed towards putting Dubai in the world golfing map, following the hugely positive responses from both local and international players.

At the IGTM event, The Els Club featured prominently in a key marquee location within the show, receiving an overwhelming level of interest from golf professionals across the world.

"The Els Club has played its part, together with partners, to promote Dubai as the world's premier golf destination. In addition, year-round temperate climate and luxury lifestyle options builds on the attraction of the UAE,"
said Thomas Rubi, General Manager Hospitality, Leisure & Golf, Dubai Sports City.

'We look to receive more golfers to take advantage of our course in the near future and continue to help build Dubai's position as one of the leading golf destinations in the world,' added Rubi.

The IAGTO Awards are the official annual awards for the golf tourism industry.

And if it's not enough, let we talk about parties, like the imminent events.

Dubai will be the Home to the most impressive and elegant beach party of the year, the Beach Gala Dinner is a superbly constructed and beautifully decorated Arabian Tent. Located on the shoreline, with dazzling views over the Gulf and towards Burj Al Arab, this will be Dubai's New Years Venue of choice.

Join 1400 others for a Gala Dinner Buffet, with delacacies from across the globe and including sommelier selected wines, open bar for spirits, beers and soft drinks as well as a bottle of champagne per couple.

Enjoy the spectacular main fireworks display at 12am!
Category
Hotels
Ages
18 and Over
Food/Drink
For the full menu go to: http://www.madinatjumeirahnye.com/menus/Beach%20Gala%20Tent.pdf
Smoking
No
Address
PO Box 75157
Dubai

for more information: click on me please

Atlantis lives

At this time, i would like to show a link, any other words are entirely superfluous. Though, i could imagine me as a little beering-bloke during these amazing moments.

Vocational Conference and Exhibitions

Accustomization-ability, good multi-lingual skill's, ability to demonstrate the willingness to work in shifts, creativity and so on. These are the requirements you have to provide when you try live in Dubai.

Vocation, Working Opportunity, Living in Dubai

In Dubai, you can live there, but you have to be cautious, living in another part of the World is not child-game for nobody.

Estate developement in Dubai

By the way, i have to inform all of You another events in Dubai. On 6th of October, the Cityskape Dubai 2008 is opened, which is newly the most respected and biggest property exhibition all over the World. Its aim is to present the incredible estate-developement which has been taken place for years in Dubai.

Ribbon cutting ceremony with Sheikh Mohammed bin Rashid Al Maktoum

In the course of vocational presentation all projects will be introduced in a spectacular way for the numerous visitors from 150 countries.

ETA Star, Emaar, Nakheel - companies, which are involved the presentations. In the light of this fact, Emirates Green Building Council will be represented in the conference.

Grandiose as always

The newest uniqually enterprise in Dubai has opened for the widen audience: Atlantis, The Palm.

I have never thought that people sometime want to go beneath the sea and being among stunning waterlife and soaking theirs bred with hungarian gulash's gravy. I can imagine when a Father of three make an order and while the waiter trying to meet the service-time he could see a ray just above his children's enchanted heads. Cool man.

It's just the poor oven, not so mentionable :)

Bath with fountains...think about man, it's more than a simple 1-million$-jacuzzi.

10 - I brought 10 splended pictures to all of You likes Gwen Stefanie's lyrics.... "underneath it all".

Financial Expectations and Exception

If We are exist with opened-eye and sometimes are trying to catch up some noble and relevant informations about the World surrounded us, We can find echoing comments on the full-blown crisis which stems from US sub-prime mortgage market. Its very clear it can effect the World's financial markets, banking sector, investors and so on. But in the case of its coverage, well, we can just calculate what among - vast volume or thin - will be its effect throughout World's countries.

By nowdays the crisis with its gloomy and oddly situation has been spread over U.S and European countries. As we all known, the crisis began with losses in the $1.3 trillion market for "subprime" mortgages, many of which were "securitized"—bundled into bonds and sold to investors. With all U.S. stocks and bonds worth about $50 trillion in 2007, the losses should have been manageable.

But, what about Dubai? People are working in such a psychology way. When problems are arised, they are about to look after theirs investments and financial managing processes in a bettet way. Globalisation provides the opportunity to people backing away from hot places where the risiko and variness are spiking to the skies. Under these speculative frenzy and volatile circumstances we can lead to the conclusion: Dubai not will be exception, the spill-over effect will reach its financial sectors. On the contrary, the recession-fear, and the fact of slowdown in europe and U.S property markets is going to boost, shore up dubai's markets, Yaqoob Al Zarouni, deputy chief executive officer of Dubai Properties, told Gulf News. He said slowdowns that have occurred in the rest of the worl have worked in Dubai's favour because 'investors are always looking for places where they can have high returns and the Dubai market fulfils that'.

In Dubai, the capital recovery is stilly in unflinching situation, which encourige investors to brace itselves up and watch after their opportunity in this market, moreover, due to high returns and Dubai's capital absorbing capability they firmly can believe in that the prosperity in Dubai will continue without rebukes in the near future too.

The Rise Of a New Bridge

Although, it will be only 1600 meter long, but its longest cove will be the greatest in all around the World with its 667 meter. If this newest dream will come true by 2012. Coves will lift until 205 meter, and cars and tracks won't flounder on the road by traffic jamming and whatever, cause it will have 12 track, and another two subway-tracks will bedeck its grandious spectacular.

According to plans, the new Bridge will be able to manage 20 tousands of cars per hour, and the subways capacity will about 23 thousands of people. What a gorgeous inlet.