Daily BusinessCast

BusinessCast April 11, 2008
DFM shows modest gain, ADSM ends strong week rising 1.52%... HSBC quarterly survey show confidence levels high with declining trend... The Dubai Mall will open in late August according to Emaar Malls Group... Saudi Arabia's nominal GDP predicted to grow, currently ranks with Switzerland... Research shows Britons buy the most lottery tickets... Property fever brings UAE energy consumption up 15%... DP World shows 32% revenue growth for 2007... Qatar says GCC single currency will be dollar-pegged... Bahrain housing sector faces crunch.
Friday, April 11 - 2008 at 17:51 | Duration: 4:34

BusinessCast April 10, 2008
DFM shows modest gain, ADSM ends strong week rising 1.52%... Nakheel buys into iconic Miami Beach hotel... IMF report shows Middle East economic growth will probably accelerate to 6.1% this year... Bahrain should rein in spending according to head of state-owned economic board... Family businesses make up 75% of those in the Middle East, Family Business Forum begins May 26... Top Kuwait Investment Authority official says full transparency code for state-backed wealth funds would harm financial market efficiency... Reem Investments reports profit of 289 million dollars for 2007.
Thursday, April 10 - 2008 at 18:03 | Duration: 5:06

BusinessCast April 9, 2008
DFM flat, ADSM up 0.92%... HSBC quarterly survey show confidence levels high with declining trend... The Dubai Mall will open in late August according to Emaar Malls Group... Kuwait will host the 4th World Islamic Economic Forum beginning April 29... Jet Lite plans to launch operations in the Middle East... Photo World Dubai 2008 opens to photography professionals and enthusiasts... Medical tourism industry analyst says the Middle East is in prime position to achieve a global reputation of medical excellence.
Wednesday, April 09 - 2008 at 18:00 | Duration: 3:29

BusinessCast April 8, 2008
DFM down 0.84%, ADSM up 0.47%... Saudi Arabia's nominal GDP predicted to grow, currently ranks near Switzerland... Abu Dhabi Investment House announces Style City concept... Saudi Arabia raises bank reserve requirements... Research shows Britons buy the most lottery tickets... Crown Prince of Dubai pays 2.72 million for female camel.
Tuesday, April 08 - 2008 at 17:58 | Duration: 3:31

BusinessCast April 7, 2008
DFM loses 0.61%, ADSM down 0.73%... Property fever brings UAE energy consumption up 15%... DP World shows 32% revenue growth for 2007... Kuwait real estate activity for February falls to lowest level in 11 months... Abu Dhabi real estate growth rates predicted to continue through 2030... Lulu enters MoU for fixed prices on more 32 products... World Gold Council and DMCC partner for Shariah complaint shares... Kraft Foods opens in Bahrain... 'Community at Sea' brings 110 multi-millionaires to Abu Dhabi.
Monday, April 07 - 2008 at 17:58 | Duration: 4:56

BusinessCast April 6, 2008
DFM up 0.92%, ADSM slightly up... Qatar says GCC single currency will be dollar-pegged... Overleveraging in housing market not expected to be a factor in UAE... Bahrain housing sector faces crunch... Sugar refinery planned for Abu Dhabi... Saudi Aramco shuts Jeddah refinery for 20 day maintenance... Abu Dhabi and Dubai will host major travel exhibitions... Amlak Financial PJSC Q1 net profits rise 425% over a year ago... FM radio is booming in the Arab world, split between government and private ownership.
Sunday, April 06 - 2008 at 18:08 | Duration: 4:21

BusinessCast April 5, 2008
Emaar, The Economic City, signs MoU with DP World over KAEC Seaport operation... Abu Dhabi Department of Finance launches Electronic Invoice Approval Workflow service... Careers UAE 2008 to be held in Dubai April 15-17... British company wins gas treatment plant contract in Syria... Dubai School inspections begin for the first time on Sunday... Wealth management summit set for RAK on 7 & 8 April... Books are booming in the UAE despite high tech... Dubai Knowledge Village now houses 460 business partners... Hotel room rates in Dubai rose 10-20% in 2007.
Saturday, April 05 - 2008 at 17:58 | Duration: 4:05

BusinessCast April 4, 2008
India and Pakistan ban on rice exports are expected to lead to UAE price rise... UAE may allow foreigners to own as much as 75% of companies... Fire guts more than 100 shops in Dubai... IMF director says inflation in the Gulf could hit 8% this year... Total investments in projects in Gulf sector passes 2 trillion dollars according to MEED project report... Kuwait expat's now 69% of total population... Property prices continue rise, SAHARA study shows... OPEC crude oil supply rises.
Friday, April 04 - 2008 at 18:02 | Duration: 4:35