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BusinessCast September 20, 2007
Dubai takes 28% share in London Stock Exchange, Nasdaq to become shareholder in Borse Dubai... DFM falls 0.56%, ADSM up 0.46%... Saudi won't match US interest rate cut, Qatar cuts overnight deposit facility rate, Jordan lowers key interest rates... GITEX reports significant turnout of key decision makers... Oil hit a new record over 82 on Wednesday... Autumn Trade Fair opens in Oman.
BusinessCast September 19, 2007
DFM up 1.27%, ADSM up 0.40%... US stocks gain most in 4 years, UK FTSE 100 up 1.63%... Plan Abu Dhabi 2030 published by Urban Planning Council... Zain will move to Bahrain... Oil sets another record, over 82... KSA allows multiple entry visas for foreign businessmen... Kuwait and UAE lower interest rates... Dubai TRA blocks SA proxy server... HSBC Global Research shows Abu Dhabi property undervalued... Dubai Shopping Festival set for 24 January.
BusinessCast September 18, 2007
DFM up 0.36%, ADSM rises 0.37%... OPEC may discuss output hike if prices stay above 80 for 15-20 days... Blue City plans finalized for Oman... Study released on success of mobile workforce... Dubai launches Ramadan travel campaign in Japanese market... Survey shows western financial services firms expect to increase Middle East investments... Middle Eastern air carriers earn 200 million, below expectations... AME Info's Rob Jones and Phil Blizzard review some unique products from GITEX.
BusinessCast September 17, 2007
Stocks rise, DFM up 0.3% ADSM 0.1% Tasi 0.7%... Qatar Investment Authority bid for London Stock Exchange could help Nasdaq bid for OMX... EU and US markets were up Friday... OPEC capacity to increase 4.7%... Conference on Meetings reiterates strong position for Abu Dhabi... Bill Gates to speak in Dubai in 2008... Advancement of women in Dubai explained at South Korea forum.
BusinessCast September 16, 2007
DFM retreats 0.8%, ADSM down less than 0.1%, Tasi down nearly 0.6%... Gold sales in Dubai up 26% in August... Reality Check 2.0 video can be seen online, soon, through Dubai Internet City... Bahrain undergoes reforms to enhance business... Nasdaq VP says an increased offer for OMX is possible... Techno Mart planned for 2008... Zain narrows list of possible relocation sites to Dubai and Bahrain.
BusinessCast September 15, 2007
DFSA signs agreement with Hellenic Capital Market Commission... Qatar Investment Authority front-runner for stake in London Stock Exchange... Tasi rises 0.1%... Borse Dubai will lodge OMX application shortly... Oil prices decline due to profit taking... Credit worries in Europe impacted Indian stocks... UAE amnesty program could shed 8.5% of population... Enforcement of Sharjah ban on Dubai registered private buses, increases.
BusinessCast September 14, 2007
The week's Top Stories, every Friday on BusinessCast... GITEX Technology week wraps up in Dubai... Shareholders approve NBD-EBI merger... Entry of du has little impact on tariffs and consumer benefits... MTC rebrands as Zain... Currency revaluations more likely... Board of Kuwait Airways Corporation resigns... Banks operating in highly supportive economic environment according to Standard and Poors... Saudi Arabia persuades OPEC to increase output... Oil prices pass 80 for first time ever... Burj Dubai passes CN Tower in Toronto.
BusinessCast September 13, 2007
Oil prices pass 80 for first time ever... DFM and ADSM finish lower... ADSM gets new director general... Nasdaq CEO says OMX prefers their bid... Swedish financial regulator expected to announce outcome of OMX investigation... Borse Dubai to present OMX offer this week... Saudi Arabia invites bids on fence along Iraq border... Poll of economic analysts says UAE is most likely to revalue dollar peg... Burj Dubai passes CN Tower in Toronto... Saudi Arabian Airlines will trim domestic flights to make way for private carriers.
BusinessCast September 12, 2007
DFM rises 0.58%, ADSM flat... Saudi persuades OPEC to increase output... Ramadan begins Thursday... GITEX demonstrates strength with major deals... Money costs more, will this affect property market ?... Leisure real estate market offers wide choices according to experts at symposium... UAE Central Bank Governor will follow US Federal Reserve... GCC drafts procedures for import goods.
BusinessCast September 11, 2007
DFM up 0.13%, ADSM rises 0.64%... Borse Dubai did not provide enough information in OMX bid according to private, self-regulatory body... Crude oil to within 50 cents of a record... Banks operating in highly supportive economic environment according to Standard and Poors... Housing authority approved by Saudi government... Dubai space agency partners with Russians... Kuwait accepts board resignation at Kuwait Airways... Bahrain WTC announces interior work complete... Dubai Maritime City construction on pace... Motor enthusiasts gear up for November show.
BusinessCast September 10, 2007
GITEX receives overwhelming praise from ICT community... Currency revaluations more likely... US-EU markets decline, further corrections expected... Qatar oil minister says OPEC should keep status quo... Board of Kuwait Airways Corporation resigns... UAE bank performance to be hit by new costs... CONMEX set for Sharjah... Amlak could buy back own shares.
BusinessCast September 9, 2007
Gitex Shopper 2007 attracts thousands to Airport Expo Dubai... Entry of du has little impact on tariffs and consumer benefits... Saudi Central Bank governor admits monetary union is unlikely by 2010... MTC rebrands as Zain... Arab Advisors Group survey shows substantial adoption of e-commerce... Etisalat launches money transfer service... DFM announces listing of IIG... Kurdistan signs independent oil deal, angering Baghdad.
BusinessCast September 8, 2007
GITEX Technology week opens in Dubai... Resale and Rental real estate show opens at Crowne Plaza... New CEO appointed at Dubai Gold and Commodities Exchange... OPEC Chief says the global oil market is well balanced... Shareholders approve NBD-EBI merger... Miserable end to trading week in London and New York... Abu Dhabi Commercial Bank predicts growth in UAE... Tasi starts week with solid gain... Gold breaks through 700 barrier.
BusinessCast September 7, 2007
The week's Top Stories, every Friday on BusinessCast... Saudi report shows non-oil manufacturing sector up 10.1%... Egypt economy grew by 7.1% in H1... Shares in DFM could rise by 24% according to HC Securities... Dubai Gold and Commodities Exchange to launch Steel futures in late October... Kuwait will eventually impose taxes... TRA issues statement on Etisalat and du... GITEX Technology week will host a record number of international delegates beginning Saturday... Swedish authority says they will investigate OMX defense... Largest single building contract awarded in Abu Dhabi... Kuwait Stock market to shorten trading hours during Ramadan... Dubai Aerospace Enterprises abandons Auckland Airport bid.
BusinessCast September 6, 2007
DFM down 0.66%, ADSM down 0.12%... Stocks declined Wednesday in the US and UK... InterStandards launches web development guide... Kuwait Stock market to shorten trading hours during Ramadan... Dubai Aerospace Enterprises abandons Auckland Airport bid... Oil hits 76... Kuwaiti inflation declines from 12 year highs... Dubai Textile City opens and prepares formal opening in November... DIFC Governor speaks to Geneva summit.
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