Middle East Business News Releases »
DGCX volume hits monthly high in November
Total volume on Dubai Gold & Commodity Exchange (DGCX) rose to a monthly high in November of 190,554 contracts, increasing 345% on last year - reflecting the growing interest in trading commodity and currency derivatives on a regulated Exchange.Today's top stories
Week's top stories
Middle East Financial News and Features
Aviation news »
- IATA: MidEast paassenger demand up
- Royal Jordanian plays down merger talk
- Qatar slams Boeing over delivery delays
- Emirates boss says airline will not be affected...
Banking news »
- Gulf Bank issues statement on Dubai World exposure
- 'No deposit runs' on Dubai banks
- Kuwait Central Bank assesses Dubai World exposure
- NBAD reports $345m exposure to Dubai World
Education news »
- Kuwait Asia University to create business school
- Bahrain cracks down on private schools
- Boston U eyes medical school in Abu Dhabi
- Emirati students to get German internship
Energy, Oil and Gas news »
- Iraq resumes Turkey oil exports
- Kuwait Shuaiba station comes online early
- Saudi remains biggest Japan oil supplier
- Somali pirates sieze oil tanker
Executive Motoring news »
- VW Polo named EU 2010 car of the year
- Ford 2011 Mustang to have new engine
- Dubai Motor Show to feature 200 new models
- Ford sales fall 44% in UAE
Finance and Economy news »
- Dubai World to restructure $26bn Nakheel,...
- DFM falls slow as index loses 5.61%
- ADX slows descent
- Moody's: Abu Dhabi, Federal ratings unaffected
Healthcare news »
- WHo revises Aids treatment advice
- UAE needs youth smoking ban, say doctors
- Hajj pilgrim dies from H1N1 virus
- Cardiovascular disease cases to triple in...
Manufacturing and Industry news »
- Petrofac, Zamil eye Saudi facility
- Torishima sets up Techno Park hub
- Moody's affirms Sabic A1 rating
- Siam Cement, Qatar ink Vietnam deal
Media and Advertising news »
- Al Rawadi asks for creative pitches
- Al Jazeera gets approval to broadcast in Canada
- e-Vision to launch Catch Up TV in December
- Al Jazeera buys ART sports content
Real Estate news »
- Knight Frank: 40% of Dubai office space empty
- Emaar to continue Egypt projects
- Debt crisis to erode Dubai housing prices
- Samsung halts Dubai bridge work amidst Dubai...
Retail news »
- Damas delays results due to holidays
- Shoppers spend less at MOE over Eid
- Vera Wang opens boutique in Qatar
- Bulgari opens twin store in Dubai Mall
Technology news »
- Global semiconductor sales up in October
- Windows 7 gains market share
- View Systems announces orders in UAE, Saudi
- PC shipments will climb in 2009, says report
Telecoms news »
- Nokia plans one Linux phone for 2010
- UAE mobile subscribers rise to 7.44m
- Batelco trims SMS rates for December
- Jordan Telecom Group cuts prices of internet...
Tourism and Hospitality news »
- Turkish hotel chain to open in Iraq
- Louvre, Golden Tulip to add 60 hotels in region
- Jumeirah to manage hotel in Panama
- First Doubletree agreement signed in Saudi
Transport and Logistics news »
Dubai Debt Crisis »
Reactions on the floor of the Dubai Financial Market
On the day following the largest fall on the Dubai Financial Market for over a year, Phil Blizzard talks to investors on the floor about the impact of the Dubai World announcement - which resulted in 7.3% drop in share value at the end of the first day of trading. Opinions were mixed and the general consensus was the need for more information and announcements from the Dubai Government.
Business and Finance »
Reactions on the floor of the Dubai Financial Market
On the day following the largest fall on the Dubai Financial Market for over a year, Phil Blizzard talks to investors on the floor about the impact of the Dubai World announcement - which resulted in 7.3% drop in share value at the end of the first day of trading. Opinions were mixed and the general consensus was the need for more information and announcements from the Dubai Government.
Executive Views »
An Emarati perspective on the current Dubai Financial market
Trading is subdued on the floor of the Dubai Financial Market following the Dubai World repayment announcement and in this report Phil Blizzard gets a UAE perspective on the current market from investor Saeed Hassan al Helli.
Middle East News »
Dubai World announcement serves as wake-up call to world markets
Now that the global outcry about Dubai World's bid to restructure its debt has calmed down, the time is ripe for a more sober analysis of financial markets and the wider global economy.
Dubai Property »
Lack of data hampers Dubai property market forecasts
A recent report by financial services firm UBS has predicted that property prices in Dubai could drop a further 30% over the coming 18 months as the sector absorbs new supply coming online coupled with damaged investor confidence in the market due to the cancellations or postponements of a number of projects and a decrease in population in the emirate.
Business and Finance »
Reactions on the floor of the Dubai Financial Market
On the day following the largest fall on the Dubai Financial Market for over a year, Phil Blizzard talks to investors on the floor about the impact of the Dubai World announcement - which resulted in 7.3% drop in share value at the end of the first day of trading. Opinions were mixed and the general consensus was the need for more information and announcements from the Dubai Government.
Middle East Event News »
- » Over Dhs200m of luxury to float at the 2nd Emirates Boat Show 2009
- » More than $147bn committed to development of the Middle East's road, rail and public transport...
- » Dubai Air Show signals aviation upturn
- » 2009 Etisalat-Sharjah Water Festival starts today
- » Strong Arabian Travel Market 2010 sign-up reinforces mid east status as major tourism hub
Current Events »
Last updated: Thursday, December 03 - 2009 at 09:15 UAE local time (GMT+4)
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