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Sunday, 07 September 2008 | Edition: International | Set Preferences
Corruption probe needs to be widened, says senior executive

Corruption probe needs to be widened, says senior executive

Real Estate
EXCLUSIVE: Dubai Properties deputy CEO calls for crackdown to include abuse of power.

Saudi Arabia invites bids for Jazan refinery
Energy
Spiralling construction costs are casting doubt on the remote refinery's viability.

Arabtec lands $181mn Dubai tower contract
Construction & Industry
UAE's largest construction firm says in deal with Saba Properties for tower.

Algebra, Elaf Bank launch Islamic fund
Islamic Finance
Firms launch $100mn vehicle to invest in securities in the Middle East, North Africa and Asia.

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 Man City shirt for our cover shoot took longer than Abu Dhabi spent buying the club.

 Sean Cronin

EDITOR'S CHOICE

  1. Forex firm staff slapped with five-year DIFC ban »
  2. UAE pledges to fight terrorism »
  3. Saudi inflation to continue to rise - report »
  4. Search continues for missing woman »
  5. Fergie 'not worried' by Abu Dhabi money threat »
  6. Dubai firm's IPO plan to fund $272bn projects »

more » MIDDLE EAST MARKETS DATA

DFM

Last Price:

4,471.71

-217.46-4.64%

7 Sep 2008 10:00 GMT
(Market Closed)

ADX

Last Price:

4,149.57

-161.44-3.74%

7 Sep 2008 09:57 GMT
(Market Closed)

SSE

Last Price:

7,907.52

-137.27-1.71%

7 Sep 2008 11:59 GMT
(Market Closed)

CURRENCY CONVERTOR

more »OTHER MIDDLE EAST BUSINESS NEWS STORIES

Banking & Finance

  1. Algebra, Elaf Bank launch Islamic fund
  2. Merrill ups Abu Dhabi banks earnings forecast
  3. Forex firm staff slapped with five-year DIFC ban

Construction & Industry

  1. Saudi Arabia invites bids for Jazan refinery
  2. Dubai firm's IPO plan to fund $272bn projects
  3. Arabtec lands $181mn Dubai tower contract

Culture & Society

  1. Egypt rockslide survivors clash with police
  2. Search continues for missing woman
  3. Redevelopment of Makkah sees pilgrim numbers drop

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. Saudi Arabia invites bids for Jazan refinery
  2. Gulf states likely to urge OPEC output unchanged
  3. Gulf oil production to surge by 2015

Healthcare

  1. 40% of Qatari kids suffer from diabetes
  2. Dubai ruler to fund eye care for one million people
  3. Anti-smoking campaign targets Mecca

Islamic Finance

  1. Algebra, Elaf Bank launch Islamic fund
  2. Saudi developer Dar Al-Arkan eyes bonus share sukuk
  3. Qatar Islamic plans listing international units

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. Iran's inflation tops 27%
  2. Israeli president opposes strike on Iran
  3. Saudi inflation to continue to rise - report

Real Estate

  1. Nakheel sales up threefold in 2008
  2. Corruption probe needs to be widened, says senior executive
  3. Nakheel set to launch $1.2bn syndicated loan

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. Man City's secret 'Virgin brand' plans revealed
  2. UAE risks losing ICC World Cup Qualifier
  3. England, Wales, Ireland win World Cup qualifiers, Scots loses

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. Congestion problems hit Jebel Ali port
  2. Helicopter crash victims named
  3. 47mn Dubai commuters ride the bus in '08

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. Algebra, Elaf Bank launch Islamic fund
  2. Nakheel sales up threefold in 2008
  3. Gulf states likely to urge OPEC output unchanged
  4. Merrill ups Abu Dhabi banks earnings forecast
  5. Man City's secret 'Virgin brand' plans revealed
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. Man City's secret 'Virgin brand' plans revealed
    harry: Oh City »
    7 Sep '08 at 18:34
  2. Corruption probe needs to be widened, says senior executive
    Mohamed: Friends at the Top!!! »
    7 Sep '08 at 18:20
  3. Abu Dhabi and Man City - Lost in Translation
    william: Lost In Translation »
    7 Sep '08 at 16:59
  4. Corruption probe needs to be widened, says senior executive
    Sanjay: Good luck! »
    7 Sep '08 at 16:39
  5. UAE blamed for Australian 'man drought'
    Avinash: I'm coming along Vishal »
    7 Sep '08 at 14:56
Read all user comments »

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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
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    Location: Middle East
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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.

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