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BusinessCast May 9, 2008

The week's Top Stories, every Friday on BusinessCast
The week's Top Stories, every Friday on BusinessCast
DFM closes week with 0.51% loss, ADX up by 0.64%... Saudi oil revenue to reach 260 billion this year... Causeway to be built between Qatar and Bahrain... Arabian Hotel Investment Conference hears of future and 'bubble'... ADX is new name for Abu Dhabi bourse... Banks made poor financial decisions according to credit crunch report... Arabian Travel Market hears travel trends survey from Future Brand... Rents in Abu Dhabi up... Qatar Central Bank lowers deposit facility rate by 25 basis points... Middle East airlines record 15.4% passenger increase for March.

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