Daily BusinessCast

BusinessCast May 5, 2008
DFM, ADSM slightly higher... du announces first quarter financial results, revenues up 18% from previous quarter... Travel trends survey released by Future Brand... Saudi Aramco extends discounts for crudes to be exported to Asia... Arab Business Angels Network launches first 3 investments in ME... Ajman government reveals airport master plan... Bahrain approves draft law for press freedoms.
Monday, May 05 - 2008 at 17:56 | Duration: 4:02

BusinessCast May 4, 2008
DFM, ADSM each rise... Arabian Hotel Investment Conference hears of future and 'bubble'... Middle East medical technology industry grows with Jordan center... Rents in Abu Dhabi up 17% according the Department of Planning and the Economy... Energy consumption increase brings need for nuclear energy... MEED launches in-depth report on Middle East steel production and consumption.
Sunday, May 04 - 2008 at 18:06 | Duration: 4:33

BusinessCast May 3, 2008
Qatar Central Bank lowers deposit facility rate by 25 basis points... Saudi stock exchange showed upward trend last week... Emaar Hospitality Group will open 5-star properties later this year... RAK Tourism among participants at Arabian Travel Market, May 6-9... UAE Transport Authority partners with Dubai Maritime City to open licensing bureau by June... Iran doubles fuel in Gulf tankers... World Press Freedom Day celebrated in UAE... DP World Chairman joins with Peru's President in ceremony... Middle East airlines record 15.4% passenger increase for March... Christie's auction of jewels and watches brings over 20 million dollars.
Saturday, May 03 - 2008 at 17:57 | Duration: 3:58

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.
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%.
Thursday, May 01 - 2008 at 18:02 | Duration: 3:50

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.
Wednesday, April 30 - 2008 at 17:57 | Duration: 3:25

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.
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.
Monday, April 28 - 2008 at 18:00 | Duration: 3:15