Oil rises 4.58 to 126.77... 9 billion dollar oil refinery will be built in Egypt... Dubai office market grows... Kuwait may increase minimum wage... 6 parties interested in 3rd Bahrain telecom license... Saudi inflation will average 11-12% this year... GCC oil revenues expected to be above 600 billion this year.
Thursday, July 31 - 2008 at 17:51
| Duration: 3:17
UAE markets gain... Oil falls to lowest price since May... Emaar to open The Dubai Mall on October 30... Kuwait inflation fell slightly in May... Dubai receives more metro trains... Commercial Bank International plans addition branches in Abu Dhabi and Sharjah... Gulf Air records increase in online bookings.
Wednesday, July 30 - 2008 at 17:07
| Duration: 2:36
UAE markets down... Price of oil up to 125... Challenges ahead for Dubai hotel sector... Saudi Arabia studies electricity market... Kuwait establishes prison terms for some internet offenses... Dubai's new health funding system will look for three major providers... Academic year may switch in UAE... IMF official says universal code of conduct for SWF's may not be ready for October... UAE car sales grew by 37% for H1 2008... RAK tourism projected to rise, with up to 3700 new rooms by 2012.
DFM slightly higher, ADX down 0.61%... Mutual visits between UAE and France show positives... Saudi buzz over currency float, officials say it's not appropriate... Abu Dhabi office rents rise 14% for Q2... Transporters in Dubai expect pump prices to lower... Shortage of medicine in Qatar blamed on logistic capabilities.
UAE markets slip... Record rises by telco's registered on Tasi... Etisalat selects Neverfail for Blackberry customers... Iran's Central Bank keeps lending rate at 12% through end of Iranian year... Saudi Arabia projected to spend 20 billion dollars on ICT this year... UK offers to hold another oil summit... Nakheel reveals new home for QE2.
Oil hits 7-week low... Kuwait plans model city... Saudi market shows drop... Saudi date prices predicted to rise... Dubai library offers free Arabic classes to expats... UAE residents lean toward buying instead of renting... Fashion Fiesta launches at WTC... Ajman Bank joins DFM General Index... Dubal produces 10 million tons of hot metal... Zain announces 2008 H1 results.
Saturday, July 26 - 2008 at 18:20
| Duration: 4:20
The Week's Top Stories, on BusinessCast... UAE plans cultural investment... Dubai School of Government signs training agreement with Syria... UAE oil export revenues expected to hit 100 billion, if momentum remains... Dubai Chamber increases membership... Oman inflation climbs... Saudi Arabia's real GDP expected to grow... Real estate sales in Kuwait rose last month... DFM soared on Wednesday... Standard Chartered calls Dubai housing market 'overheated'.
Emirates Airbus A380 makes delivery flight to Dubai, Phil Blizzard has a preview... Standard Chartered says Dubai housing market is becoming overheated... National Bank of Abu Dhabi reports increases... Dubai Sports City to host Asia Cup 2009 Hockey event... du posts loss for quarter, revamps some business customer products.
Thursday, July 24 - 2008 at 17:39
| Duration: 2:50
DFM soars, ADX rises... Oil prices closed Tuesday at the lowest prices since June 5... Qatar GDP almost doubles... Emirates Air unveils landmark for London... Asteco releases property report on Dubai rentals... Kuwaiti inflation jumps... Dubai's global trade rises 30%.
Wednesday, July 23 - 2008 at 17:47
| Duration: 3:22
UAE stocks mixed... Saudi real GDP growth expected at 5.1%... UAE to cut oil output during 40-days in October, November... Real Estate sales in Kuwait rise in June... Etisalat leads telecom growth... DED issues nearly 8-thousand business licenses... Abu Dhabi Airport completes work and is fully operational.
Dubai, Abu Dhabi stocks rise... DP World reports increase in throughput... Abu Dhabi Airports Company releases figures on traffic... Emirates Air scraps inflight magazine and newspaper service... Oman inflation climbs to 10.6%... Oil prices rise from 6-week lows... First ever road atlas published in UAE... Dubai Duty Free announces 31% increase in half year sales... Sharjah hotel occupancy rises.
Markets post slight gains... UAE oil revenues predicted to hit 100 billion dollar mark... Dubai Chamber membership notches up... Oman Air passenger traffic rises... ictQATAR clarifies VoIP... Dubai International passenger traffic up by 13.8%... Asia-Pacific ICT market growing... Twin-tower announced for Dubai Maritime City.
Oil falls to 129... UAE plans cultural investments... Syrian officials to work with Dubai School of Government... DMCC relocates effective July 22... Swiss private banking group opens Bahrain office.
Saturday, July 19 - 2008 at 17:48
| Duration: 2:25
GCC markets close down for week... Central Bank data has shown a huge rise in the UAE's monetary supply... Bin Salem Group and German partner producing caviar in UAE... Department of Planning and Economy in Abu Dhabi has launched an index to monitor price trends of essential commodities... Fly Dubai, to buy 54 aircraft... UAE cheques clearing faster.
DFM, ADX dip... UAE Manufacturing sector slows... Saudi investment grows in DFM... Apple's Iphone not generating great interest in Dubai... Danube Building to invest in glass and aluminum... Abu Dhabi Airport runway closure to cause flight delays on Tuesday the 22nd.
Thursday, July 17 - 2008 at 18:04
| Duration: 3:33
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TAV Construction, one of the top three airport construction companies in the world, won the design and construction tender for the King Khaled Airport...
Qatar is an oil-rich peninsula jutting out into the Gulf between Bahrain and the United Arab Emirates. The majority of the country consists of sand dunes and salt flats.