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    <title>Abu Dhabi to ban plastic bags</title>
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    <pubDate>Sat, 07 Nov 2009 09:30:14 +0400</pubDate>
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        Abu Dhabi's Centre of Waste Management has drafted a resolution banning the use of plastic bags at shopping centres in the emirate, WAM has reported. The resolution has been submitted to the Executive Council for approval. Plastic bags will be replaced with paper or cloth ones. The proposal imposes a fine of not less than Dhs10,000 against offenders.
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    <title>Damas agrees $165m repayment plan</title>
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    <pubDate>Thu, 05 Nov 2009 11:49:41 +0400</pubDate>
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        The Board of Damas International has said that the three Abdullah brothers have given a formal commitment to repay $165m to the company over the next 18 months. As part of the settlement agreement, the Abdullah brothers have pledged to pay an amount of $55m within six months; an aggregate of $110m within 12 months; and an aggregate of $165m within 18 months. The Abdullah brothers have also pledged 350 million of their shares in the firm that would be transferred in whole or in part back to the company in the event that the terms of the settlement agreement are breached.
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    <title>MAF Shopping Malls to spend $4bn on Mideast expansion</title>
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    <pubDate>Wed, 04 Nov 2009 12:17:52 +0400</pubDate>
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        Majid Al-Futtaim Group plans to spend about $4bn on as many as 10 new malls in the Middle East, Shahram Shamsaee, senior vice president of retail for MAF Shopping Malls, told Bloomberg.    "It's about $4 billion," Shahram Shamsaee, senior vice president of retail for the group's MAF Shopping Malls, told Bloomberg. MAF Shopping Malls plans to enter Syria by building two new centers in Damascus, as well as one in Beirut, Lebanon. The company will also announce a new project in Saudi Arabia, Shamsaee said, declining to provide further details to the news service. 
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    <title>Pinkberry opens in the Mall of the Emirates</title>
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    <pubDate>Tue, 03 Nov 2009 10:36:18 +0400</pubDate>
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        M.H. Alshaya Co. has launched the first Pinkberry shop in the UAE at The Mall of Emirates, offering healthy non-fat frozen yogurt in three flavours of original, green tea and pomegranate. Rich in calcium, vitamins and minerals, Pinkberry yogurt has been certified by the National Yogurt Association of the US, the company said. Alshaya plans to expand the Pinkberry network throughout the gulf region, with an opening in Bahrain in the works.
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    <title>Gold sales in Dubai recover</title>
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    <pubDate>Mon, 02 Nov 2009 12:03:36 +0400</pubDate>
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        Dubai's retail gold traders expect a faster recovery for the sector than in other Gulf countries, as an increased number of tourists and slightly more stable gold prices in October have boosted demand. 'After the Indian festival of Diwali we feel that demand has picked up again because the price of gold has gone down, and I think it is going to be stable,' M P Changappa, sales manager at Chammaur Jewellers told Reuters. Retail gold volume in the UAE had dropped 18% in the second quarter compared with the same period last year.
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