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BusinessCast December 4, 2007
UAE markets finish up... Arab oil and gas show officially opens... Kuwait's inflation soars... Shell at IPTC says regional challenges ahead... Dubai plans water transportation services... GCC realty projects worth 1.8 trillion dirhams... Gulf countries investing $10 billion in hospitals... Qatar's boom increasing water demand... Commercial Bank International offers banking careers.
BusinessCast December 3, 2007
International Petroleum Technology Conference gets underway... Riyal and Dirham weaken against Dollar... Panasonic announces goals of 3 year plan... OPEC Oil Ministers to meet Wednesday... Iran confident, can meet demand... LG Electronics unveils new 'G Platform' plasma TV... RTA reveals "Strategic Plan"... Putin's Party wins landslide victory.
BusinessCast December 1, 2007
Analysts poll opinion expects UAE to ditch dollar peg... Tasi gains 0.2%... Saudi oil minister says there is ample supply, leading to OPEC meeting this week... Oil prices dropped below 89 Friday... Iraq Stock Exchange to launch electronic trading platform in 2008... American exports to Qatar reach nearly 1.5 billion... Millionaire Fair opens in Dubai on 15 December... Qatar boom fuels water demands.
BusinessCast November 30, 2007
The week's Top Stories, every Friday on BusinessCast... Consumer confidence lowered according to survey... UAE has 66% increase in health care budget, MEED Health Care conference set for 4 and 5 December... Revaluation of dirham emerges as most likely currency reform... Importance of alternative energy discussed at OPEC conference... Annual inflation in Qatar jumps to near 14% as of September... DP World lists first exclusive DIFX IPO... His Highness Sheikh Mohammed Bin Rashid Al Maktoum matches Dubai Cares total... UAE close to strategy on VAT.
BusinessCast November 29, 2007
Consumer confidence lowered according to survey... UAE produced pickup launched by Gulf Automobile Industry Corporation... DFSA hosts meeting of international securities regulators... Bahrain triples water demand... Abu Dhabi to supply crude to Asian customers and others... Egyptian economy grows 6.85% July through September... Nakheel named 'Developer of the Year'... Dubai International Film Festival box office now open.
BusinessCast November 28, 2007
DFM slightly higher, ADSM loses 1.08%... Abu Dhabi Marina project announced, completion expected in 2011... UAE has 66% increase in health care budget, MEED Health Care conference set for 4 and 5 December... Revaluation of dirham emerges as most likely currency reform... Mobile phone penetration expected to grow 130% in Saudi Arabia... Standard Chartered Bank becomes clearing bank for DGCX... IPO rise expected by ADSM.
BusinessCast November 27, 2007
Importance of alternative energy discussed at OPEC conference... Annual inflation in Qatar jumps to near 14% as of September... Oman shortfall seen if oil goes to 45 per barrel... Big 5 deals being signed, show runs through Thursday... Chinese oil firms renew contracts with Iran... World's richest golf tournament planned for Dubai... Arab 'rich list' shows new entries from Iraq and Syria.
BusinessCast November 26, 2007
DFM down, ADSM up... DP World lists first exclusive DIFX IPO... Oil up again near all time high... Standard and Poor's downgrades Lebanon's rating... Oman creates committee to deal with inflation... Kuwait's minister of finance wants tax ceiling lowered... Dubai International Capital invests in Sony... UAE government employee salary rise will impact inflation according to Standard Chartered analyst... His Highness Sheikh Mohammed Bin Rashid Al Maktoum matches Dubai Cares total.
BusinessCast November 25, 2007
Big 5 showcase of construction industry opens... Saudi Arabia cuts borrowing cost... UAE close to strategy on VAT... Qatar Islamic Bank could have UK license within weeks... IT professionals look forward to Microsoft Gulf Tech Days... KSA will set up vocational training centres... Malaysian companies increase business ties with Iran... BMW tops wish list.
BusinessCast November 24, 2007
Dubai Cares ceremony set for Sunday... Iraq nullifies all Kurdistan oil deals... Oman to keep dollar peg... Tasi gains 17.4% over 4 weeks... Sensex snaps 6-day downward streak... Reuters Order Routing to handle DP World stocks listed on DIFX... GCC warned about soaring unemployment... Crude oil futures hit 98.2... Gold rises... FTSE and Dow Jones make gains... Saudi International Motorshow begins Sunday.
BusinessCast November 23, 2007
The week's Top Stories, every Friday on BusinessCast... Some Dubai construction laborers offered 20% pay hike according to our sister publication MEED... OPEC ministers discuss cessation of pricing oil in dollars... UAE Central Bank governor drops strongest hint on dropping dollar peg... HSBC executive tells MEED conference Gulf economy is isolated from global credit crunch... DP World IPO increased from 20 to 23% of shares... Dubai Airshow 2007 sets record for visitors, 30% increase over 2005... Standard Chartered to hold first capital markets forum, "Funding the Future", on 25 November... Dubai poised to become one of 4 leading financial centers in the world in 10 years... Kuwait Central Bank raises value of dinar... DFM and ADSM both lose to close week.
BusinessCast November 22, 2007
DFM and ADSM both lose to close week... Abu Dhabi construction volume to outpace Dubai in 4 years... 9th edition of Motorshow crosses 100,000 visitor mark... Royal Jordanian IPO continues through November... High gold prices may be harming area's gold trade... Former Saudi oil minister says 75-a-barrel prices could be seen with OPEC output increase and mild winter, although Iran attack could bring 200 a barrel.
BusinessCast November 21, 2007
Kuwait Central Bank raises value of dinar... DFM, ADSM both slump... Dubai World IPO more than 15 times oversubscribed... Bahrain oil production to double following field development... Google Arabic web surfers can now customize homepage... Dubai poised to become one of 4 leading financial centers in the world within 10 years... du wins 'best brand' at Telecom Awards Middle East.
BusinessCast November 20, 2007
DFM loses 1.8%, ADSM rises 1.6%, Tasi up 1.7%... FTSE loses 2.7%, Dow and Nasdaq both down 1.7%... Dubai Airshow 2007 sets record for visitors, 30% increase over 2005... Etisalat looking to invest up to 5 billion dollars in Africa according to chairman... Sir Richard Branson tells 'Leaders in Dubai' Forum, the US has poor track record on global warming and climate change... Standard Chartered to hold first capital markets forum, "Funding the Future", on 25 November... Dubai International Airport wins Aviation Business Award.
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