DP World IPO opens... DFM up 1.1%, ADSM up 0.9%... Morgan Stanley gives GCC recommendation... Iran inflation tops 17 percent... Sensex may be due for correction... MEED 2nd Middle East Steel Conference to be held Nov 6 and 7... Sheikh Mohammed tops 'most influential' list... Qatar looks toward 2016 Olympics... DuBiotech breaks ground on HQ.
Sunday, November 04 - 2007 at 17:59
| Duration: 4:33
UAE Central Bank reduces interest rates on Certificates of Deposit by 20 basis points... Oil prices hit 95, some predict 100 this year... Gold smashes through 800 barrier... DP World will hold meeting Sunday to launch IPO... Egypt to keep overnight interest rates unchanged... Dubai International Capital acquires Almatis... Morgan Stanley predicts GCC GDP growth... Former US Secretary of State Powell to speak in Kuwait at NBK symposium... Dubai Airshow begins 11 November.
Saturday, November 03 - 2007 at 17:18
| Duration: 5:03
The week's Top Stories, every Friday on BusinessCast... UAE signs Air Services Agreement with Kingdom of Spain... Alternative and renewable energy resources being explored in the Gulf... Saudi Monetary Agency ends speculation of dollar peg switch... DFM Company announces figures for first 9 months of 2007... Emirates IPO now part of airline's strategy... UAE Consumer Protection Committee rejects proposed increases in fast food, rice and cement... Kuwait allows dinar to rise... Future Dubai rail projects discussed at MEED Middle East Railways Project 2007... du announces financial results for 3rd quarter... Abu Dhabi 'most preferred' for doing business in the Gulf Survey conducted by 'Leaders in Dubai Forum'... DFM and ADSM end week on upswing.
Friday, November 02 - 2007 at 17:06
| Duration: 5:17
DFM up 1.28%, ADSM rises 1.64%... US oil hit record 95+ on Wednesday... US and UK stocks end higher... Abu Dhabi 'most preferred' for doing business in the Gulf Survey conducted by 'Leaders in Dubai Forum'... ADSM forms strategic partnership with Damascus... Dubai developer calls for higher property standards... Regional construction sector gears up for CONMEX on 5-8 November... S&P launches three new Shariah indices.
Thursday, November 01 - 2007 at 17:39
| Duration: 4:38
DFM up 87.09, ADSM higher by 58.02... Oil down below 90 dollars from record high... Dow Jones and FTSE 100 lose ground... Dubai Gold and Commodities Exchange names new chairman... Emaar Middle East unveils Jeddah project... du announces financial results for 3rd quarter... OPEC ministers worry that high prices threaten world economy... World Economic Forum report puts Kuwait in Top 30 of Global Competitiveness report... Better Homes reports 500% growth in commercial sales in first 3 quarters of 2007... DP World enters Egyptian market for first time with acquisition.
Wednesday, October 31 - 2007 at 17:59
| Duration: 4:38
Oil hits record high Monday, near record high, as the dollar approaches record low... DFM rises 1.38%, ADSM down 1.32%... Dow rises, anticipating rate cut, FTSE 100 up... India's Sensex surges above 20,000... Kuwait allows dinar to rise... Future Dubai rail projects discussed at MEED Middle East Railways Project 2007... Regional investment project forecast to be worth 3 trillion dirhams over the next 5 years... Emirates Air arrives in Toronto.
Tuesday, October 30 - 2007 at 17:34
| Duration: 4:01
DFM, ADSM both trade lower... Emirates IPO now part of airline's strategy... UAE Consumer Protection Committee rejects proposed increases in fast food, rice and cement... Saudi license plates to contain micro-chip... Telecoms World Middle East planned for November in Dubai... Sea Food Expo opens... DIFX announces range of Islamic structured products to be listed... Doha conference on Natural Gas underway... Protection from surging inflation is possible.
Monday, October 29 - 2007 at 17:17
| Duration: 3:40
DFM gains 3.64%, ADSM, Tasi up slightly, Bahrain and Amman flat... Saudi Monetary Agency ends speculation of dollar peg switch... ADSM launches new website to improve services... DFM Company announces figures for first 9 months of 2007... Qatar Investment Authority expected to double in size by 2010... Emaar Properties reveals Armani Residences, also establishes online news feed... MTV Arabia goes on air.
Sunday, October 28 - 2007 at 17:38
| Duration: 3:31
US oil hits high above 92 a barrel... . Private sector set to overtake state as main provider of water and electricity in the Gulf according to MEED report... Saudi market showed strong performance last week... UAE signs Air Services Agreement with Kingdom of Spain..Moody's assigns ratings to Oman Power and Water Procurement Company... Doha Security Market companies show Q3 net profit, 42.5% higher than 2006... Alternative and renewable energy resources being explored in the Gulf... Forbes Arabia plans October 31st discussion and debate on investment realities.
Saturday, October 27 - 2007 at 17:40
| Duration: 4:26
The week's Top Stories, every Friday on BusinessCast... PKN Group announces Ajman project... Dubai World reveals DP World IPO... IMF Country Report calls for 60% nominal GDP rise in UAE by 2012... UAE Cabinet approves privatization of utility sector... Islamic project finance deals will reach 30 billion by 2012 according to MEED's Islamic Project Finance Report... Canadian gold and mining company, Unigold, is first North American listing on DIFX... Kuwait's acting oil minister predict oil price drop November 1st... Etisalat announces improvements in employee compensation and benefits... HSBC survey finds 39% of executives believe removing dollar peg would be good for their businesses.
Friday, October 26 - 2007 at 16:58
| Duration: 4:17
DFM up, ADSM slightly lower... DIFC signs partnership with CNBC... HSBC survey finds 39% of executives believe removing dollar peg would be good for their businesses... Fewer oil and gas projects may be result of contractor shortage... Dubai "green" standards for building go into effect in January... Islamic stock market proposed for Kuwait... Nobel Prize exhibition on display in Abu Dhabi... Dubai holds world record for "world's largest banner".
Thursday, October 25 - 2007 at 17:16
| Duration: 4:08
DFM up 28.4, ADSM up 126.4... Dubai to host The Middle East International Banking, Financial Technology & Services Exhibition and Conference... Qatari Fund Delta 2 close on Sainsbury deal... India to discuss proposed cap with UAE... Etisalat announces improvements in employee compensation and benefits... Eye of Dubai published.
Wednesday, October 24 - 2007 at 18:04
| Duration: 3:56
DFM gains 80 points, ADSM up 36... Canadian gold and mining company, Unigold, is first North American listing on DIFX... US stocks rise, UK lower... Islamic project finance deals will reach 30 billion by 2012 according to MEED's Islamic Project Finance Report... Kuwaits acting oil minister predicts oil price dip November 1st... World Dental Congress will bring more than 20-thousand delegates to Dubai... Saudi committee recommends national wage increase in response to rising prices... Sabic posts record profit.
Tuesday, October 23 - 2007 at 17:05
| Duration: 4:23
UAE Cabinet approves privatisation of utility sector... DP World IPO likely to be making of DIFX according to article by Peter J. Cooper... Tamweel grows 147% for first 9 months of 2007... Qatar real estate report forecasts sustainable real estate growth... Middle East Economic Digest (MEED) launches Islamic Project Finance Report... German consultant contracted for Dubai railways... New TV channel to be launched for literacy... UK Times moves business desk to Middle East for a week during Times Gulf Business Forum.
Monday, October 22 - 2007 at 17:03
| Duration: 4:24
Dubai World announces DP World IPO... IMF Country Report calls for 60% nominal GDP rise in UAE by 2012... Dubai Maritime City instructs developers and contractors to use green building principles... TRA drafting e-commerce regulation... Emirates Islamic Bank announces Q3 profits... Dubai Professional Trading Group opens trading arcade.
Sunday, October 21 - 2007 at 17:51
| Duration: 3:49