Daily BusinessCast

BusinessCast February 22, 2008
The week's Top Stories, every Friday on BusinessCast... Public offer by Borse Dubai to OMX accepted by 68.6% of OMX shareholders... International banks in Dubai slash interest rates on dirham deposits, signaling revaluation... Red rose prices increase in Saudi Arabia with ban... Saudi Arabia plans to keep monetary and foreign exchange policies as they are for now... Windows Server 2008 hits market March 1... MEED organizes Construction Skills and Labour Resources conference... Damage to undersea telecom cables may have been sabotage... Emaar Properties rated by HSBC... OPEC meets next on 5 March, output cut possible.
Friday, February 22 - 2008 at 17:57 | Duration: 3:42

BusinessCast February 21, 2008
OPEC meets next on 5 March, output cut possible... First Dubai Metro Train engine and cars en route, Red Line expected to be operation by 9 September 2009... Summit on Coastal and Port Engineering opens next week... Egyptian textile and spinning industries receive support from government and EU... Italy looks to Kuwait and GCC for more investments, and focuses on tourism... Dubai based Zabeel Investments takes 50% stake in Las Vegas based Light Group.
Thursday, February 21 - 2008 at 17:37 | Duration: 3:25

BusinessCast February 20, 2008
DFM up 2.49%, ADSM rises 0.39%... Oil futures closed above 100 on Tuesday... MEED plans 4th Dubai Mega Projects Conference March 3rd and 4th... Gulfood 2008 sold out for opening on 24 February... Toy Industry Association to launch pavilion at Middle East Toy Fair... Moody's releases updated credit analysis report on Dubai Holding Commercial Operations Group... Emaar Properties rated by HSBC... More stock in Gulf states, less U.S. holdings urged for global investors... Saudi Arabia to hold first official Film Festival in May.
Wednesday, February 20 - 2008 at 18:05 | Duration: 4:08

BusinessCast February 19, 2008
Oil advances, aided by quarrel between Venezuela and Exxon... Qatar buys shares in Credit Suisse... Platinum rises for 13th straight session... Dubai Tea Forum begins with focus on supply and demand... Technology arena to be held during the Hotel Show 2008 beginning June 8... MEED organizes Construction Skills and Labour Resources conference... Dubai International Capital plans to invest 5 billion in China, India and Japan over 3 years... Damage to undersea telecom cables may have been sabotage.
Tuesday, February 19 - 2008 at 17:58 | Duration: 4:31

BusinessCast February 18, 2008
DFM rises slightly, ADSM loses 1.42%... Zain IPO oversubscribed by 151%... World CEO Forum scheduled for Dubai on 24 March... Borse Dubai plans 2 week roadshow... Qatar Petroleum to sell 65.8% stake in Gulf International Services IPO beginning February 28... Saudi Arabia to keep monetary and foreign exchange policies as they are for now... Windows Server 2008 hits market March 1... DIFC to offer dispute resolution services in joint venture with London Court of Arbitration... Pre-launch of Prestige Heights announced for Sharjah.
Monday, February 18 - 2008 at 18:02 | Duration: 4:03

BusinessCast February 17, 2008
International banks in Dubai slash interest rates on dirham deposits, signaling revaluation... Red rose prices increase in Saudi Arabia with ban... Qatar inflation at 13.74%... Kuwait prices surge, foodstuffs up 40% over 3 months... Jordan's government reigns in spending... ABC Islamic Bank announces substantial net profit... Ajman Bank PJSC opens public offer.
Sunday, February 17 - 2008 at 17:56 | Duration: 4:22

BusinessCast February 16, 2008
Public offer by Borse Dubai to OMX accepted by 68.6% of OMX shareholders... DIFC issues consultation papers on new arbitration law... Emaar Turkey signs agreement for prime land in Istanbul... Retail gold sales up in Gulf countries for 2007, despite drop in Q4... Changing Middle East coastline creates new opportunities according to Boat Show organizers... Al Jazeera expresses concern over Arab League's charter which they say could affect news reporting... Iran claims foreign exchange reserves up 29%.
Saturday, February 16 - 2008 at 17:54 | Duration: 4:15

BusinessCast February 15, 2008
The week's Top Stories, every Friday on BusinessCast... DGCX trading volume up 95% in January... Oman orders wage rise for government employees, wheat subsidy... Two of three undersea cables repaired, restoring internet service... Saudi Telecom signs final agreement to purchase 35% interest in Oger Telecom... Qatar may lower rent cap to 7% according to lawyer... 2008 UN survey rates UAE high in web measurement report... Fund Managers positive on MENA region according to Standard and Poor's... Emaar board proposes 20% cash dividend of nominal value of shares... UAE Stocks end week with gains, DFM up 1.46%, ADSM up 0.81%.
Friday, February 15 - 2008 at 17:54 | Duration: 3:54