• HSBC

BusinessCast March 11, 2008

DFM down 0.74%, ADSM lower by 1.17%... Oil surged above 108 on Monday... OPEC President says oil prices will remain at current levels for 2008, but could ease next year... UAE and Qatar hint at de-pegging from U.S. dollar... Oman considers change in rental cap... Saudi Arabia is providing increased investment and training in manufacturing sector, according to report... UAE approves draft law for private sector companies providing utilities... Fast food prices up as much as 30% in past few months... Iran set to sign agreement sending gas by pipeline to Pakistan... Saudi gives aid to Pakistan... XBOX 360 price to decrease on Friday in ME.

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