Daily BusinessCast

BusinessCast May 13, 2008
DFM loses 1.35%, Abu Dhabi down 0.09%... Qatar Airways cancels flights to Khartoum... Rental yields in Dubai residential market drop... Cityscape Abu Dhabi shows attendance increase of 120% on opening day... Kuwait to boost oil production capacity... Batelco to invest 1 billion dollars in Saudi market... Fitch report predicts continued positive results in UAE banking sector... Dubailand finalizes Marvel plan... BITE 2008 opens tomorrow in Bahrain.
Tuesday, May 13 - 2008 at 18:05 | Duration: 3:54

BusinessCast May 12, 2008
DFM rises 1%, Abu Dhabi up 0.41%... Qatar's oil minister says emergency OPEC meeting is not necessary... Dubai Mercantile Exchange plans gold futures contract... Real estate sector looks for area for investments... GCC study shows businesses sometimes don't communicate effectively... ITU Telecom Africa 2008 opens in Cairo... Abu Dhabi anticipates renewable energy projects will become commercially viable in the near future... New records expected at Cityscape Abu Dhabi beginning tomorrow... Dubai power and water consumption up... Sustainable development in Abu Dhabi discussed in roundtable.
Monday, May 12 - 2008 at 17:58 | Duration: 5:02

BusinessCast May 11, 2008
DFM loses 1.52%, ADX down slightly... Abu Dhabi's GDP will triple by 2025 according to Department of Planning and Economy report... Gulfsands Petroleum counters sanctions with relocation to London and resignation of US executives... Construction and demolition waste generated in Dubai grew by 163% in 2007 compared to '06... TRA Bahrain says 7 companies are interested in becoming the 3rd mobile operator... Rising fuel costs to be passed on to passenger according to Qatar Airways CEO…Phil Blizzard reports on reaction to high oil prices by Qatar and Emirates... New international weekly business magazine, The Gulf, debuts from Bahrain.
Sunday, May 11 - 2008 at 17:59 | Duration: 3:06

BusinessCast May 10, 2008
KPMG survey forecasts drop in crude prices, Goldman-Sachs predicts 150-200 within 2 years... Tasi lost 2.9% last week... ATM 2008 draws to a close... Abu Dhabi property developers to get preview of properties during Cityscape... British pound extends losses against the US dollar... Fitch Ratings says further tightening of guidelines on Islamic securities issuance may have negative effect... Dubai has credentials to be global yachting hotspot says Nakheel Marina director.
Saturday, May 10 - 2008 at 17:50 | Duration: 4:10

BusinessCast May 9, 2008
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.
Friday, May 09 - 2008 at 17:58 | Duration: 4:10

BusinessCast May 8, 2008
DFM closes week with 0.51% loss, ADX up by 0.64%... Soaring food prices push millions toward poverty... Single currency unlikely by 2010 according to economist... Kuwaiti developer halts investment in home country, claiming it's not a place where they can make a feasible investment... Kensington plans commercial property in Dubai Maritime City... du will build the Europe-India Gateway system from UK to India... 3 Dubai-Beirut flights cancelled by Beirut labor unrest... UAE seeds rain from clouds... According to ABCe audit, AME Info now has 1.18 million unique readers per month.
Thursday, May 08 - 2008 at 17:55 | Duration: 4:30

BusinessCast May 7, 2008
DFM up, ADX down... Saudi oil revenue to reach 260 billion this year... Causeway to be built between Qatar and Bahrain... InRetail 2008 set for June8-10... Saudi Arabia setting up investment firm with low risks for foreign investors... UAE leads ME in knowledge economy... Etihad Airways looking to buy... United to fly non-stop from Dubai to D.C. beginning in October... Doha symposium looks at managing risks.
Wednesday, May 07 - 2008 at 18:06 | Duration: 4:47

BusinessCast May 6, 2008
ADX is new name for Abu Dhabi bourse... DFM shows minor dip, ADX down slightly... Banks made poor financial decisions according to credit crunch report... DSF Office brand identity unveiled at ATM, Nakheel announces Shamu shaped island, Abu Dhabi showcases tourism infrastructure... Nokia Siemens Networks regional head forecasts more applications, telecom revenue streams... Dubai Studio City partners with Arab Radio and Television Network.
Tuesday, May 06 - 2008 at 18:02 | Duration: 4:32