ArabianBusiness.com - Middle East Business News Thursday, 28 August 2008 | Edition: International | Set Preferences
Hotel group in talks over $350mn loan

Hotel group in talks over $350mn loan

Travel & Hospitality
Kingdom Hotel Investments in discussions with lenders amid Asia project cancellations.

Drinks giants go head-to-head in Ramadan
Retail
EXCLUSIVE: Coca-Cola redesign, charity bid aims to take No. 1 spot from Vimto.

Siemens in talks with sovereign wealth funds - FT
Politics & Economics
German engineering group in discussions with Gulf, Russia to expand investor base.

Global takes 60% stake in Saudi retailer
Banking & Finance
Kuwaiti investment group completes deal for retailer with over 550 outlets in region.


more »MIDDLE EAST BUSINESS COMMENT

Respect Ramadan
Government warnings issued to rip-off retailers and tradition-inspired product developments should be applauded by the industry.

Lynne Nolan  

The new genuine fake
The record industry is a business, not a charity organisation, so why is it some people think they can treat it as the latter?

Kelly Lewis

more » MIDDLE EAST MARKETS DATA

DFM

Last Price:

4,782.32

-20.06-0.42%

28 Aug 2008 07:51 GMT
(Market Open)

ADX

Last Price:

4,395.90

+36.24+0.83%

28 Aug 2008 07:37 GMT
(Market Open)

SSE

Last Price:

8,898.97

-83.02-0.92%

27 Aug 2008 12:30 GMT
(Market Closed)

CURRENCY CONVERTOR

more »OTHER MIDDLE EAST BUSINESS NEWS STORIES

more »MIDDLE EAST BUSINESS EVENTS

UPCOMING EVENTS

  1. IFRS & US GAAP Courses in Dubai
    27 April 2008 | Dubai, United Arab Emirates
  2. Maintenance Outsourcing Management
    10 August 2008 | Dubai, United Arab Emirates
  3. Diploma In Management Of Documentation Systems
    12 August 2008 | Dubai, United Arab Emirates
See all events »

SPOT POLL

How would you describe your current feelings on consumer confidence?

Everything's great, no worries and things will only get even better.
Things are pretty comfortable and I don't have any major financial concerns.
Compared to this time last year, I am quite a lot worse off due to rising costs.
Soaring prices are crippling and I might have to leave the region.

BUSINESS FEATURES

Super size

Cargo operator Swift Freight discusses the big issues surrounding the freight of outsize materials.

Atlantis 50 discovered

You could lose yourself aboard this spacious cruiser while discovering the Gulf's emerging cities.

The mighty crackdown

Industy proposals from the UAE's Ministry of Economy represent a welcome push in the right direction.

ArabianBusiness.com/Jobs - Middle East Jobs Search
  1. Design Architect
    Industry: Construction
    Location: Dubai, UAE
  2. Quantity Surveyor
    Industry: Construction
    Location: UAE, UAE
Browse all jobs »

BUSINESS INTERVIEWS

Why the Gulf is filling its larder

Dr Rashid Ahmad Bin Fahad, UAE Minister of Environment and Water, on the global food crisis.

Having an invested interest

Jones Lang LaSalle Hotels chief executive Arthur de Haast looks at the region's investment opportunities.

Think big

Mamdouh Shehata, GM of ThyssenKrupp Elevator on the massive Dubai International Airport project.

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