BusinessCast March 12, 2008

DFM up sharply by 1.85%, ADSM up 0.74%... UAE seeks to cut inflation rate in half, price caps on 16 basic items and discounts at state-owned supermarkets included in plan... Oil reserves in MENA have increased by 82 billion barrels since 2003... Qatar official denies currency revaluation at next week's Central Bank meeting... UAE law to allow majority foreign ownership in some sectors... Consumer survey finds rise in property market confidence, but inflation keeps affordability out of the reach of the majority... Nakheel announces waterfront city to house 92 thousand people... Thinnest notebook ever, MacBook Air, now available in Middle East.