ArabianBusiness.com - Middle East Business News
Sunday, 07 September 2008 | Edition: International | Set Preferences
Dubai firm's IPO plan to fund $272bn projects

Dubai firm's IPO plan to fund $272bn projects

Construction & Industry
EXCLUSIVE: Dubai Properties announces fundraising bid at exclusive sales launch in Paris.

Egypt posts $5.4bn balance of payments surplus in 07/08
Politics & Economics
Growth in oil and gas, tourism and FDI receipts counter jump in imports.

Santander, Fenosa in talks over Cepsa stakes with IPIC
Energy
Combined shareholdings would give Abu Dhabi-owned IPIC 45% stake.

Helicopter crash victims named
Transportation
Media outlets name three victims of Dubai oil rig crash, but official statement yet to be issued.

more »MIDDLE EAST BUSINESS COMMENT

Think before you build
Dubai contractors, developers and designers seem to have forgotten the basics in building stuff. That would be infrastructure.

 Rob Wagner  

Abu Dhabi steps out of the shadows
Trying to find a Manchester City shirt for our cover shoot this week took longer than Abu Dhabi spent buying the club.

 Sean Cronin

EDITOR'S CHOICE

  1. Phone call tapes at centre of Tamim investigation »
  2. Power shortage starts to bite Business Bay »
  3. Gulf's rich just get richer - report »
  4. Qatar thwarts major drug trafficking op »
  5. Grooverider pardoned for Ramadan »
  6. Luxury car maker targets Middle East growth »

more » MIDDLE EAST MARKETS DATA

DFM

Last Price:

4,689.17

-59.59-1.25%

4 Sep 2008 09:59 GMT
(Market Closed)

ADX

Last Price:

4,311.01

-33.05-0.76%

4 Sep 2008 09:59 GMT
(Market Closed)

SSE

Last Price:

0.00

0.00%

31 Dec 1969 20:00 GMT
(Market Closed)

CURRENCY CONVERTOR

more »OTHER MIDDLE EAST BUSINESS NEWS STORIES

Banking & Finance

  1. Santander, Fenosa in talks over Cepsa stakes with IPIC
  2. Qatar Islamic plans listing international units
  3. SWFs' global investments up 66%

Construction & Industry

  1. Dubai firm's IPO plan to fund $272bn projects
  2. Two labourers killed in well collapse
  3. Tamim charges 'will not affect company performance'

Culture & Society

  1. 31 killed in Cairo rockslide
  2. Grooverider pardoned for Ramadan
  3. 51% want to spend Ramadan in quiet prayer

Education

  1. Classroom crisis as demand for places soars
  2. UAE public schools set for major shake-up
  3. Parents hit by soaring school tuition fees

Energy

  1. Santander, Fenosa in talks over Cepsa stakes with IPIC
  2. Oil price falls on gloomy outlook
  3. Pumping starts on major new Saudi oil field

Healthcare

  1. Dubai ruler to fund eye care for one million people
  2. Anti-smoking campaign targets Mecca
  3. Health chief calls for shisha ban

Islamic Finance

  1. Qatar Islamic plans listing international units
  2. Saudi developer Dar Al-Arkan eyes bonus share sukuk
  3. DIB set to buy majority stake in Jordan bank

Media & Marketing

  1. Abu Dhabi sets up $1bn movie company
  2. Market idea set to boost Dubai film credentials
  3. UK TV show 'uncovers extreme Saudi preachers'

Personal Finance

  1. Gulf's rich just get richer - report
  2. Non-Saudis allowed to buy shares through locals
  3. UAE personal loans jump 46% in year to June

Politics & Economics

  1. Egypt posts $5.4bn balance of payments surplus in 07/08
  2. Arab anti Al-Qaeda fighters fear for future
  3. Iraq seeks to buy fighter jets from US

Real Estate

  1. Nakheel set to launch $1.2bn syndicated loan
  2. Hydra Properties eyes debt for expansion
  3. Nakheel eyes IPO 'in next 12 months'

Retail

  1. Luxury car maker targets Middle East growth
  2. Kuwait cabinet approves wider anti-inflation plan
  3. Gold sales in Abu Dhabi surge 300%

Sport

  1. England, Wales, Ireland win World Cup qualifiers, Scots loses
  2. Qatar beat Uzbeks, UAE and Bahrain lose close-fought games
  3. France in nightmare World Cup start, Italy struggle

Technology

  1. UAE link to high-tech financial fraud probe
  2. ME internet traffic growth world's 2nd fastest - report
  3. Firms rush to exploit Middle East IT opportunities

Transportation

  1. Helicopter crash victims named
  2. 47mn Dubai commuters ride the bus in '08
  3. Abu Dhabi airport passengers up 26%

Travel & Hospitality

  1. Atlantis fire cause 'will be revealed soon'
  2. UAE denies Iran's airport discrimination claims
  3. Repair teams mobilised to fix Atlantis fire damage

more »MIDDLE EAST BUSINESS EVENTS

UPCOMING EVENTS

  1. IFRS & US GAAP Courses in Dubai
    27 April 2008 | Dubai, United Arab Emirates
  2. Ramadan & Eid Festival 2009
    30 August 2008 | Abu Dhabi, United Arab Emirates
  3. Diploma In Management Of Documentation Systems
    3 September 2008 | Dubai, United Arab Emirates
See all events »

MORE TOP MIDDLE EAST BUSINESS STORIES

  1. 47mn Dubai commuters ride the bus in '08
  2. 31 killed in Cairo rockslide
  3. Abu Dhabi airport passengers up 26%
  4. Grooverider pardoned for Ramadan
  5. Arab anti Al-Qaeda fighters fear for future
All Middle East business news stories »

SPOT POLL

What do you think about the education system in the Gulf?

It's in crisis and urgent measures are needed to increase school places.
Education chiefs are more interested in making money than educating our children.
The standard of education has improved but more still needs to be done.
The local education system is as good as anywhere else in the world.

JOIN THE DEBATE

  1. Seven killed in Dubai helicopter tragedy
    Lokesh: ?? »
    6 Sep '08 at 15:09
  2. A380 grounded in Dubai, weeks after launch
    Trevor: Lessons to be learnt »
    6 Sep '08 at 11:07
  3. New Salik gate will be free to use overnight
    girish: SALIK (TOLL GATES) »
    6 Sep '08 at 10:27
  4. Friend gives evidence in Dubai road rage case
    Frank: Fairness - exactly »
    6 Sep '08 at 10:02
  5. Real Madrid 'refused Man City bid for Van Nistelrooy'
    Colin: Man city »
    6 Sep '08 at 09:36
Read all user comments »

MOST POPULAR SEARCHES

  1. uae
  2. capital market abu dhabi
  3. charity
  4. sbm
  5. atlantis
  6. enter keyword
  7. oman
  8. telecom
  9. turkish
  10. aakar

CURRENT TENDERS

  1. Maintain the tanker filling point and other associated works at Zahar Wilayat Duqum
    Oman
    Closes on: 08 September 2008
  2. Construct and test beach wells for the extension of desalination plant at Diba
    Oman
    Closes on: 08 September 2008
  3. Lay HDPE 16 bar pumping and distribution pipelines in Al Gudair Al Ubailla Village
    Oman
    Closes on: 08 September 2008
  4. Provide electrical distribution works (433 V and 11 KV) network extensions for power supply to the Seah Al Ula Industrial Area
    Oman
    Closes on: 08 September 2008
  5. Extend the power supply to different locations at Al Mudhaibi in Al Sharqiyah region
    Oman
    Closes on: 08 September 2008
More Tenders »

MOST POPULAR

BUSINESS FEATURES

Watch out! Scaffolding ahead

Scaffolding is a very common construction component, one that should never be taken for granted.

Getting down to business

The Bay Square project has shrugged off obstacles such as interference from infrastructure work and rising costs.

Investing in turmoil

Regional stock exchanges have had a tumultuous year making it difficult for investors to find value.

ArabianBusiness.com/Jobs - Middle East Jobs Search
  1. Content and Website Executive
    Industry: Media
    Location: Dubai, UAE
  2. Plumbing Chargehand
    Industry: Construction
    Location: Abu Dhabi, UAE
Browse all jobs »

BUSINESS INTERVIEWS

Low-cost king

At just 28 years-old Sir Stelios Haji-Ioannou set up his own airline. Today he runs 17 different companies.

Frosty facilities

Jeff Roberts sits down with GeenWave Capital's managing director of sales, Saahil Mehta.

Future shock

“Pink is my super optimistic white”: Monika Grzesik takes a look inside the design world of Karim Rashid.

MORE FROM ARABIANBUSINESS.COM

JOBS

Jobs

SPECIAL REPORTS

Special Reports

SURVEYS & REPORTS

Research

PROPERTY

property