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BusinessCast March 31, 2008

DFM recovers from Sunday's slump, gaining 1.96% - ADSM loses 1 percent... Kuwait summer electricity cut is possible... Earth Hour participation in Dubai, among the highest consumers of electricity and water... Property prices continue rise, SAHARA study shows developer fears rise... Traditional media has opportunity in online growth... 2007 advertising spend report shows increase, top advertisers include real estate, telecom, jewellry and food... Hard Rock Café in Dubai may be demolished for high rise.

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At the back (second from the right): His Excellency Dr Jubarah Al-Suraisiri, Minister of Transport, Saudi Arabia, Mr Sultan Ahmed Bin Sulayem, Chairman, Dubai World and DP World (on his right); His Excellency Amr Al-Dabbagh, Governor, Saudi Arabian General Investment Authority (SAGIA) (on his left) and Mr Mohamed Ali Alabbar, Chairman, Emaar.E.C. From left to right: Mr Fahd Al-Rasheed, Chief Executive Officer, Emaar.E.C and Mohammed Al Muallem Senior Vice President and Managing Director, DP World UAE, signing the KAEC agreement.
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In the presence of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President & Prime Minister and Ruler of Dubai, Mr Mohamed Ali Alabbar (sitting right), Chairman, Emaar Properties, and Mr Chen Ming Ren, Legal Representative and General Manager of Shanghai China-News Enterprise Development Limited, sign Memorandum of Understanding.
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Kevin CoanKevin Coan
Monday, March 31 - 2008 at 17:44 UAE local time (GMT+4)

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