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The week's Top Stories, every Friday on BusinessCast

BusinessCast May 2, 2008

Nakheel Retail forecast to be largest shopping mall developer by 2012... UAE forces companies to deliver on unpaid wages... Shell and Qatargas sign LNG supply deal with Dubai... Research survey shows employee satisfaction in the UAE is comparably low, 26% say they are highly satisfied, Lebanon and Morocco scored highest... Abu Dhabi implements bylaws to regulate property market registration... New air conditioning technology developed in UAE could produce huge savings for airlines and airports... Abu Dhabi Exhibition Centre construction going 24 hours a day... Sabban Property Investments announces first 'carbon neutral' development in the Middle East... DFM closes week with gain of 1.36%, ADSM up 0.72%... UAE lowers repo rate by 0.25 percentage points, following US Federal Reserve cut.
Listen to the 'BusinessCast May 2, 2008' audio clip
Friday, May 02 - 2008 at 17:51 | Duration: 4:26

BusinessCast May 1, 2008

DFM closes week with gain of 1.36%, ADSM up 0.72%... UAE lowers repo rate by 0.25 percentage points, following US Federal Reserve cut... Gold falls to 3-month low... Egyptian President calls for public sector salary raise of 30%... UAE cement plants pledge freeze at 17 dirhams per bag... ROI drop causes concern for developers and investors... Qatar supermarket chain freezes prices on 50 items through 2008... Iraq oil field exports to Turkey grow to most since 2003... Emirates Group reports 20th consecutive year of net profits, increasing 54.1%.
Listen to the 'BusinessCast May 1, 2008' audio clip
Thursday, May 01 - 2008 at 18:02 | Duration: 3:50
Sabban Towers.

BusinessCast April 30, 2008

DFM down 0.24%, ADSM dips slightly 0.04%... Sabban Property Investments announces first 'carbon neutral' development in the Middle East... UAE delegation participates in World Islamic Economic Forum... Kuwait's economy fueled by oil, providing more than 90% of export revenues... Gulf Finance House reports Q1 net profit up 61% from 2007... Emirates Air reports 62% net profit rise in Q1 2008... Emirates Islamic Bank shows Q1 net profit up 253% over 2007.
Listen to the 'BusinessCast April 30, 2008' audio clip
Wednesday, April 30 - 2008 at 17:57 | Duration: 3:25
Cavotec's revolutionary PCA air conditioning technology, to be launched at The Airport Show in June, could save airlines flying to Dubai International Airport $57m a year.

BusinessCast April 29, 2008

DFM up 0.65%, ADSM down 0.14%... Abu Dhabi air passenger figures show 34% increase in Q1... New air conditioning technology developed in UAE could produce huge savings for airlines and airports... Abu Dhabi Exhibition Centre construction going 24 hours a day... Dubai Islamic Bank reports Q1 profit gain of 31%... National Bank of Oman shows profit increase of 49% for Q1... Gulf waterfront developments could lead to big surge in water bus and ferry industry.
Listen to the 'BusinessCast April 29, 2008' audio clip
Tuesday, April 29 - 2008 at 18:01 | Duration: 3:50

BusinessCast April 28, 2008

DFM down 1.22%, ADSM loses 0.41%... Saudi inflation neared 10% in March... Research survey shows employee satisfaction in the UAE is comparably low, 26% say they are highly satisfied, Lebanon and Morocco scored highest... Abu Dhabi implements bylaws to regulate property market registration... Oman Telecom reports 60% rise in profit for Q1... Qatari Diar signs to build resort on Cuban island... UK property consultant sees Abu Dhabi property as best prospect for investors.
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Monday, April 28 - 2008 at 18:00 | Duration: 3:15
The Director General of Dubai Department of Tourism and Commerce Marketing (DTCM), Mr. Khalid A bin Sulayem today officially opened the sixth PALME Middle East show.

BusinessCast April 27, 2008

UAE forces companies to deliver on unpaid wages... Shell and Qatargas sign LNG supply deal with Dubai... Medical tourism industry will be highlighted by Women's Health Care... New Etisalat router enables 32 or more wireless connections... Entertainment industry professionals attend PALME... Aramco will increase number of wells... Abu Dhabi National Hotels Company to issue bonus shares.
Listen to the 'BusinessCast April 27, 2008' audio clip
Sunday, April 27 - 2008 at 18:01 | Duration: 3:19
Soud Ba'alawy at the Arab Press Awards.

BusinessCast April 26, 2008

Oil prices continues to hit peaks... The Tasi gained 1.28% last week... Retail real estate leaders announced major developments, Nakheel Retail forecast to be largest shopping mall developer by 2012... Global Investment House establishes GCC Global Telecom index... Masafi Juice reports growth of 15% in Q1... General Motors reports 35% Q1 increase... Dubai office rents rose 22%, commercial properties up 54% in 2007... Dubai Group enters into partnership with Dubai Press Club... Alumco LLC announces private equity investment.
Listen to the 'BusinessCast April 26, 2008' audio clip
Saturday, April 26 - 2008 at 17:59 | Duration: 3:40
The week's Top Stories, every Friday on BusinessCast

BusinessCast April 25, 2008

Tatweer to develop Dubailand Super Hero theme park... Dubai is one of the most thriving destinations for business tourism... Asteco observes no significant rent changes in Dubai during the first quarter of 2008... Saudi minister says there's no need to expand oil production... The 8th edition of the Global Travel and Tourism Summit opened Monday... Nasair inaugurates flights to UAE... Consumer confidence will turn around according to International Council of Shopping Centers CEO... Saudi inflation could exceed 10% this year... UAE Federal National Council discusses soaring personal debt... DFM ends week with 0.61% rise, ADSM down 0.18%.
Listen to the 'BusinessCast April 25, 2008' audio clip
Friday, April 25 - 2008 at 17:56 | Duration: 4:01

BusinessCast April 24, 2008

DFM ends week with 0.61% rise, ADSM down 0.18%... Soaring food costs feared by UN Food Programme... UAE economy minister says meeting 5% inflation goal would be 'a miracle'... Survey shows top areas of concern for Dubai real estate involve security and trust... Damac plans huge investments in growing Qatar... Abu Dhabi Airports Company to develop free zone... Telecommunications meets Broadcasting at 7th Arab Media Forum.
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Thursday, April 24 - 2008 at 17:58 | Duration: 4:01

BusinessCast April 23, 2008

DFM down 1.20%, ADSM virtually unchanged... Saudi inflation could exceed 10% this year... Rice prices hit record over possible Thailand export restrictions... Cisco selected by United Development Company of Qatar for technology on The Pearl - Qatar... Foreign currency ratings raised for Oman... Iran to supply gas to Switzerland beginning in 2009... Arab media forum explores technology... UAE Federal National Council discusses soaring personal debt... World Travel and Tourism Council attracted more than a thousand delegates, AME Info's Phil Blizzard files a video report.
Listen to the 'BusinessCast April 23, 2008' audio clip
Wednesday, April 23 - 2008 at 17:55 | Duration: 3:19
HE Eng Hamad Buamim, Director General of Dubai Chamber at World CEO Forum.

BusinessCast April 22, 2008

DFM up 0.99%, ADSM rises 0.36%... Oil hit new record highs Monday, New York light sweet crude closed at 117.48... Japanese oil tanker sustained damage after pirate attack... Dubai Chamber welcomes global CEOs... Kuwait's sovereign wealth fund invests 76% in US and Europe... Consumer confidence will turn around according to International Council of Shopping Centers CEO... DEAL 2008 makes waves in ME leisure industry... Aldar signs with Marriot International... Batelco gives internet customers discount for internet interruption.
Listen to the 'BusinessCast April 22, 2008' audio clip
Tuesday, April 22 - 2008 at 17:57 | Duration: 3:25
Edouard Ettedgui, Group Chief Executive, Mandarin Oriental Hotel Group and Arthur de Haast, Global CEO, Jones Lang LaSalle Hotels.

BusinessCast April 21, 2008

DFM slightly up, ADSM slightly down... The 8th edition of the Global Travel and Tourism Summit opened today... Nasair inaugurates flights to UAE... Abu Dhabi announces 20 billion dollar oil and gas development program... Fitch Ratings says Oman banking system has prospered... Protecting assets in a recession analyzed by AME Info Consultant Editor Peter J. Cooper.
Listen to the 'BusinessCast April 21, 2008' audio clip
Monday, April 21 - 2008 at 17:55 | Duration: 3:25
H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of DUSUP and Ms. Kathleen Eisbrenner, Executive Vice President Global LNG of Royal Dutch Shell plc.

BusinessCast April 20, 2008

DFM rises 2.28%, ADSM gains 1.82%... Dubai Supply Authority announces floating LNG facility... Abu Dhabi non-oil external trade rose in '07... Asteco observes no significant rent changes in Dubai during the first quarter of 2008... Saudi minister says there's no need to expand oil production... DEAL 2008 opens in Dubai... Abu Dhabi government to ask developers to allocate 20% of housing to lower income residents... Arab Media Forum will discuss technology... Gulf Navigation Holding approves 20% of shares for non-GCC nationals.
Listen to the 'BusinessCast April 20, 2008' audio clip
Sunday, April 20 - 2008 at 18:00 | Duration: 3:53

BusinessCast April 19, 2008

Oil prices rose past 116 Friday as Nigerian pipeline was threatened... Tasi extended gains last week, still 12.8% lower than beginning of the year... Top building industry players participate in Building Futures Gulf, opening Sunday in Abu Dhabi... First Kuwaiti General Trade and Contracting completes US Embassy in Baghdad... Global Investment House announces payout... United Development Company, Qatar, reports 104% quarter-on-quarter increase in net profits... Tatweer to develop Dubailand Super Hero theme park... Dubai is one of the most thriving destinations for business tourism.
Listen to the 'BusinessCast April 19, 2008' audio clip
Saturday, April 19 - 2008 at 18:01 | Duration: 3:33
The week's Top Stories, every Friday on BusinessCast

BusinessCast April 18, 2008

Stocks close week with gains; DFM up 1.25%, ADSM rises 0.68%... Consumer confidence down in Middle East according to study... Kuwait posts budget surplus of 42.9 billion dollars... UAE Central Bank governor speaks of complications from falling dollar at IMF meeting... Oman inflation rises... Passenger throughput at Dubai International Airport increases 15% in first quarter... 6th Dubai City of Gold panel believes gold prices could stabilize between 850-950... World Economic Forum report shows growth for Qatar, Denmark leads... Kuwaiti dinar gains cumulative 9.07% since dropping dollar peg... Iran to export petrol by 2012 after refinery upgrades.
Listen to the 'BusinessCast April 18, 2008' audio clip
Friday, April 18 - 2008 at 18:00 | Duration: 4:10
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