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BusinessCast January 23, 2008
Gulf States stocks opened with rebound today... Abu Dhabi receives world attention over World Future Energy Summit... UAE and dollar pegged countries to feel more inflationary pressure following U.S Fed's rate cut... Iran denies news broadcast that AUB has cut ties because of sanctions... Spending on leisure and tourism projects forecast to reach 3 trillion dollars over the next 20 years... GCC common market expected to push up labour prices... Sainsbury now 25% owned by Qatar Investment Authority... World oil markets have enough oil and price slide is a good thing according to UAE oil minister... Standard and Poor's to launch 3 new benchmark indices for Shariah compliant equities.
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Kevin CoanWednesday, January 23 - 2008 at 18:01 UAE local time (GMT+4)
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