DFM down 1%, ADSM retreats 0.3%, Tasi gains 1.4%... Saudi Aramco fire kills 28... Construction manufacturers and suppliers head to Dubai for Big 5 PMV... MEED conference hears high speed train linking Dubai and Abu Dhabi is 5 years away... Powell addresses Leaders in Dubai... Pakistan's Geo TV given ok to resume news bulletins on entertainment channel... US and EU markets volatile, declines expected... DP World IPO increased from 20 to 23% of shares... DIFC Investments considers companies hit by subprime crisis.
Monday, November 19 - 2007 at 18:01
| Duration: 5:02
DFM opens week with 1.3% gain, ADSM up 1%, Tasi down 0.8%... UAE Central Bank governor drops strongest hint on dollar peg... Forbes CEO tells 'Leaders in Dubai', to re-evaluate, not devalue... Saudi Aramco fire causes deaths, gas plant unaffected... Geo TV could leave UAE if Dubai based broadcast remains off the air... HSBC executive tells MEED conference Gulf economy is isolated from global credit crunch... DIFC Economic Forum hears Yale professor say world economy could be headed for hard landing... Big 5 construction showcase begins 25 November.
Sunday, November 18 - 2007 at 18:03
| Duration: 3:59
DIFC Week participants hear that Gulf States should be viewed as asset-based economies, not oil-based... Some Dubai construction laborers offered 20% pay hike according to our sister publication MEED... Oil back to 95... Tasi begins week with dip... OPEC ministers discuss cessation of pricing oil in dollars... FTSE declines 1.1%, Dow and Nasdaq advance... Retail gold up in regional sales by 21% in Q3... DFSA licenses 200 firms... DFM calls New York meetings successful.
Saturday, November 17 - 2007 at 18:00
| Duration: 3:52
The week's Top Stories, every Friday on BusinessCast... 10th Dubai Airshow 2007 now history... Dubai Cares charity campaign winds up... 10 day strike against Arabtec ends, 200 'instigators' will be deported according to Dubai Police... Saudi Arabia looks to OPEC for increase at talks... Qatar Airways enters into landmark agreement to power airliners with natural gas... Airbus leads Boeing in Airshow deals... DFM, ADSM end week with rise.
Friday, November 16 - 2007 at 18:01
| Duration: 3:58
Airbus leads Boeing in Airshow deals... Growth in Low Cost Carriers predicted according to report... DFM, ADSM end week with rise... Dow drops, FTSE rises... Dubai based engineer manufacturer plans to become first to be UAE's first mass producer of automobiles... Saudi central bank chief says food and housing costs are cause for inflation, not dollar... Emaar properties considers listing shares in London or NY... MEED to present Abu Dhabi Conference on 18, 19 November... Bahrain increases taxi fares by an average of 85%.
Thursday, November 15 - 2007 at 17:51
| Duration: 3:55
DFM rises 1.69%, ADSM down 1.49%... Middle East National Motor Show opens in Dubai... Dubai Airshow future looks bright... Worker strike may cause Arabtec to miss completion dates... UAE develops new investment body to invest surplus funds... 'Ethiopia' bought by Brad Pitt and Angelina Jolie... Business media needs to provide investor information according to journalist.
Wednesday, November 14 - 2007 at 17:56
| Duration: 4:15
Qatar Airways enters into landmark agreement to power airliners with natural gas... DFM down 2.2%, ADSM flat, Tasi up 1.2%... UAE dollar peg, 'at a crossroads'... Inflation called biggest risk fact during MEED Project Risk Management in Construction conference... Saudi publicly listed companies predicted to double... Gold prices hit 10-day low... Dubai bread prices likely to rise 20%, due to flour... FTSE gains, Dow Jones dips... Oil prices cool.
Tuesday, November 13 - 2007 at 17:52
| Duration: 4:20
DFM rises 4.6%, ADSM up 0.5%, Tasi rises 1.1%... Saudi Arabia looks to OPEC for increase at talks this week... 76 billion dollars worth of sales and commitments announced at Dubai Airshow 2007... DIFC Investments to acquire UK software business... Iran calls US economic sanctions 'psychological warfare'... DFM announces launch of NYC conference... Eye of Dubai guidebook released at Media and Marketing Show... Saudi places ban on Canadian poultry... UAE wins Country Brand Index honors... MTV Arabia to launch with Akon, Ludacris and Karl Wolf.
Monday, November 12 - 2007 at 17:59
| Duration: 4:38
10 day strike against Arabtec ends, 200 'instigators' will be deported according to Dubai Police... DFM lost 1.4%, ADSM rose 0.2%, Tasi dipped slightly... 10th edition of Dubai Airshow opens, breaking all records in first 5 hours... Saudi M3 money supply grows... Dubai City of Aviation Corporation launches Aviation City... Food Expo 2007 scheduled for December in Oman.
Sunday, November 11 - 2007 at 17:53
| Duration: 4:25
10th Dubai Airshow 2007 opens Sunday, daily flying from 2-430pm... DIFC Investments joins with Zabeel Investments to acquire equity stake in Empire Aviation Group... Dubai Cares charity campaign winds up with more than 270 million in donations... Tasi opens with moderate gain... Gold closes at 834.7 an ounce... US light crude closed at just below 96... Merrill Lynch says UAE or Qatar could drop dollar peg... India's inflation rate falls below 3%.
Saturday, November 10 - 2007 at 18:02
| Duration: 5:11
The week's Top Stories, every Friday on BusinessCast... UAE Central Bank reduces interest rates on Certificates of Deposit by 20 basis points... Morgan Stanley predicts GCC GDP growth... Dubiotech breaks ground on HQ... UK media reports Qatar is walking away from Sainsbury deal... UAE financial system is strong, but there are challenges according to IMF... Saudi Capital Market Authority seeks input on stock market changes... NBK International Advisory Board named... Thousands of migrant builders strike in Dubai.
Friday, November 09 - 2007 at 17:59
| Duration: 4:12
Construction workers strike heading into 2nd week... DFM down 0.07%, ADSM falls 2.24%... Tasi soars 14.18% this year... Precious metals hit highs... Oil at 99... Emaar Mall unit looks at 11-fold expansion... UAE investors appear ready to stick with Pakistan despite current risks... Middle East Exclusive Exhibition begins 4 December in Dubai.
Thursday, November 08 - 2007 at 17:58
| Duration: 4:22
NBK International Advisory Board to be chaired by Sir John Major... Borse Dubai decision on OMX deal due Monday... Dubai Electricity and Water Authority says report on raising utility tariffs was inaccurate... Egypt is attracting record amounts of foreign direct investment... Gulf housing will face shortfall by 2017 according to report... Qatar may implement real estate market laws to curb inflation... Railway projects get more attention in Gulf... Dubai International Capital makes 3rd buyout of 2007... Dow rises as oil tops 97 a barrel, FTSE 100 also gains.
Wednesday, November 07 - 2007 at 18:05
| Duration: 3:52
DFM gains 3.58%, ADSM up 0.34%... Arab Bank celebrates DFSA license... Oil down 2 dollars... Kuwait appoints acting oil minister... Dubai power and water prices may rise... Banks offering Islamic products predicted to double around the world by 2009... Gold rallies to highest in 30 years... Saudi Capital Market Authority seeks input on stock market changes... Spending power and influence of women should not be underestimated.
Tuesday, November 06 - 2007 at 18:00
| Duration: 4:22
UK media reports Qatar is walking away from Sainsbury deal... DFM rose 2.3% for a solid gain, ADSM rises just under 1%, Tasi flat... UAE financial system is strong, but there are challenges according to IMF... Lebanon's hotels show lowest occupancy rates in the region... Borse Dubai's Nasdaq deal likely to be completed in Jan-Feb 08... Deutsche Bank MENA CEO says institutional investors will add stability ... DP World IPO surpasses Saudi Telecom as biggest IPO in the Gulf... Dubai Lifestyle City construction begins, completion set for September 2009... International Motor Show begins 14 November.
Monday, November 05 - 2007 at 17:55
| Duration: 4:25