Shah Rukh Khan's Dubai villa gets income tax relief

Called Signature Villa, the property was gifted to him by Nakheel Public Joint Stock Company. The dispute was over whether this was a gift or payment for services Khan had rendered to the company.......

$70-billion gold traded through Dubai in 2012

As much as $70 billion of gold was traded through Dubai during 2012, a Dubai Multi Commodities Centre official has said.Speaking at Dubai Precious Metals Conference 2013, DMCC Executive Chairman......

'Diamond industry no longer dominated by West'

The global diamond industry is no longer dominated by Western countries but has become a global community of producers, cutters, polishers, retailers and regulators, Dubai Multi Commodities Centre......

Dubai restructures Nakheel board

The Dubai government has restructured the board of Nakheel, the troubled realty arm of debt-ridden company Dubai World, naming Ali Rashed Ahmed Lootah as new chairman. Lootah replaced Sultan Ahmed......