Daily BusinessCast

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.
Wednesday, July 16 - 2008 at 17:50 | Duration: 3:45

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.
Tuesday, July 15 - 2008 at 18:03 | Duration: 3:57

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.
Monday, July 14 - 2008 at 18:00 | Duration: 3:41

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.
Sunday, July 13 - 2008 at 18:02 | Duration: 3:34

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.
Saturday, July 12 - 2008 at 17:50 | Duration: 3:46

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.
Friday, July 11 - 2008 at 17:54 | Duration: 4:30

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.
Thursday, July 10 - 2008 at 17:51 | Duration: 4:34

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.
Wednesday, July 09 - 2008 at 18:04 | Duration: 2:58