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BusinessCast July 16, 2008
DFM Up, ADX falls... Saudi council denies debating dollar peg... RAK economy predicted to grow between 15 and 18%... Oil prices plummeted Tuesday... Morgan Stanley downgrades DFM rating... Heat slows construction in UAE... Emirates air fares rise today... Synaxis Media and Abu Dhabi join for one of the largest LED advertising screens in the world.
BusinessCast July 15, 2008
DFM, ADX lose... UAE Central Bank clearing cheques faster... Saudi investor in building materials, chemicals and real estate reports increased profit... Common market to bring growth for GCC nationals in UAE... Gold rises to 4-month high... Etisalat net profit up 37.1% for first half of 2008.
BusinessCast July 14, 2008
DFM up slightly, ADX also gains... UAE Central Bank implements check clearing system... Export surpluses up to 1 billion dollars possible if barrel price remains over 135... GCC countries still safe-havens for investments... Hoteliers reassess their role... Fly Dubai announces historic order... DowJones launches GCC Titans 40 index.
BusinessCast July 13, 2008
DFM, ADX decline... Medical experts will gather in Dubai to discuss aging... Giant Hole excavated for Arabian Canal, managed by Limitless... Index will monitor Abu Dhabi price trends... Dubai World completes Gazeley deal... 18,000 new units planned for Abu Dhabi... KEC to offer 30% of shares in IPO... Total withdraws from South Pars oilfield.
BusinessCast July 12, 2008
DFM Company announces 100% increase in net profit for H1 2008... Gold prices rally... UAE Central Bank reports huge rise in money supply... Syria and UN hold conference... Saudi shares shed 4.96% last week... Oil prices soared above 147 Friday... Bahrain Airport Company outlines plans... Abu Dhabi Department of Intangible Heritage releases book... Cavier to be produced in UAE fish farm.
BusinessCast July 11, 2008
UAE markets close week lower... Gulf property recommended... Business aviation market growing... OPEC increased production by 1% in June... The Saudi Arabian Mining Company launches IPO... Oil prices blamed on weakened dollar... UAE cancels Iraq debt... Gold demand decreases... UAE population rises.
BusinessCast July 10, 2008
DFM, ADX close week with losses... UAE posts 7.7% oil consumption growth rate... Starwood announces plans for St. Regis Dubai... Jordan raises fuel prices... Egypt's urban inflation rises... Abu Dhabi Investment Council buys Chrysler Building in New York... ADX values rise.
BusinessCast July 9, 2008
DFM, ADX rise... DFSA enters into MoU's with 3 countries... WTI volumes on DGCX reach record highs... UAE population grows 6.1%... Fitch upgrades Saudi ratings... Arab-Russian gala planned for November.
BusinessCast July 8, 2008
DFM, ADX down... Oil prices fell sharply Monday... Demand for diesel may be behind crude oil price hike... Saudi Aramco cuts official price... Gold demand falls... DIFX welcomes jewellry retailer... Germany attracts GCC tourists.
BusinessCast July 7, 2008
DFM, ADX drop... Oil prices blamed on weakened dollar... Middle East tourism isn't experiencing slowdown... Omani government selling 25% stake in Omantel... Breakthrough initiative by Abu Dhabi's IPIC and Man... New York will have Cityscape... UAE cancels Iraqi debt... Bahrain's TRA advisory group reviews complaints.
BusinessCast July 6, 2008
DFM down, ADX up slightly... Emaar properties introduces new standards system for associates... Euronext buy-in to Doha marks end to complicated round of global back and forth... Saudi Arabian Mining Company launches IPO... OPEC inceased oil production by 1% in June, Saudi output rose to 2 year high.
BusinessCast July 5, 2008
Oil drops a dollar... Iran inflation at 26.4%... Saudi Aramco and Dow Chemical announced project... International tomato standard set... Boom in Total Facilities Management expected to grow... Gulf attractive against global property trends... Massive growth in business aviation market drives up participation in Middle East Business Aviation Show.
BusinessCast July 4, 2008
Web addresses can be in Arabic... UAE wealthy increase to 79,000... Abu Dhabi figures show high consumer spending... Saudi tourism could create 15,000 jobs... First solar powered vehicle built in Arab region... Business travel set to increase... Property markets should balance by 2010... DFM, ADX down fractionally to close week.
BusinessCast July 3, 2008
DFM, ADX close week down... Oil roars past 145... Wall Street reacts... ME economic power seen as driving force behind GITEX in October... French group wins Saudi contract... Dubai sees rise in number of American companies launched... Business Travel set to increase over 12 months... Zain announces approval of capital hike... UAE telecom market expected to rise 63%.
BusinessCast July 2, 2008
DFM down, ADX rises... Booming of property markets expected to balance by 2010... DGCX reaches volume high... Etisalat grows international operations... European pricing correction changes according to report... Saudi Arabia launches initiative to help poor countries survive oil prices... Middle East travel to US continues to rise.
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