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Saturday, 07 November 2009
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Foreign firms eye Oman power plant plans

Foreign firms eye Oman power plant plans

Energy
GE, Mistubishi, AES, Suez-Tractabel eye bids for Barka, Sohar plants due on Dec 7.

  1. Oman home buyers to get residency on completion

Bahrain cenbank suspends real estate caps - sources
Banking & Finance
CBB had put a 30% cap on share of real estate financing that Bahrain's banks can hold.

Gulf Air workers stage labour protest
Transportation
Some 300 employees at Bahrain's state-owned carrier protest against job cuts.

$149bn GCC projects set to complete by end 2010
Construction & Industry
New research also shows that interior fit-out market in region forecast to grow 90%.

more »MIDDLE EAST BUSINESS COMMENT

The tipping scandal
Forget Damas, Dubai Properties et al, Damian Reilly says there's one scandal you can do something about.

 Damian Reilly  

Are you being served?
The GCC needs to rediscover the age-old art of Arabian service if it is to wrestle control back from ruthless salespeople.

 Rob Corder

more » BUSINESS INTERVIEWS

Rich man faster man

F1 legend Sir Frank Williams talks about the economics of speed, scandals & Schumi's comeback to the sport.

21st Century boy

James Law’s futuristic designs wouldn’t be out of place on a sci-fi movie set and they are coming close to reality in the Gulf.


more »OTHER MIDDLE EAST BUSINESS NEWS STORIES

Banking & Finance

  1. Bahrain cenbank suspends real estate caps - sources

Construction & Industry

  1. Saudi to phase out water intensive crops - minister

Culture & Society

  1. Some Muslims fear backlash after Fort Hood shooting

Education

  1. 35% say Arabic, Islamic studies key for UAE schools

Energy

  1. Raising output not on OPEC agenda now - UAE oil min

Healthcare

  1. Glaxo Saudi's sole supplier of H1N1 vaccine for now

Islamic Finance

  1. Islamic bank assets up 29% - survey

Media & Marketing

  1. EXCLUSIVE: Etihad, Aldar ordered to pay Force India damages

Personal Finance

  1. UBS sees UAE's rich list growing by 11% in 2010

Politics & Economics

  1. UAE, Saudi among US's top arms buyers in 2009

Real Estate

  1. New committee to rule on real estate sector dud cheques

Retail

  1. Dubai Aquarium sees 1.5m-plus paid visitors in first year

Sport

  1. Alinghi propose Australia to host next America's Cup

Technology

  1. BSNL to go direct to Zain if consortium talks fail

Transportation

  1. Dubai's Floating Bridge to stay for 5 more years – paper

Travel & Hospitality

  1. Emirates to add 17 flights to Asia Pacific routes

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more » BUSINESS FEATURES

A second crash?

Amid signs that green shoots are beginning to wilt, investors are worrying that global bourses may be headed for a crash.

Dubai’s debt move

Investors anxiously await the fate of Nakheel’s $3.5bn sukuk, & the next installment of Dubai’s $10bn bailout fund.


more »MIDDLE EAST BUSINESS EVENTS

UPCOMING EVENTS

  1. Advanced Leadership & Management Skills
    1 November 2009 | Dubai, United Arab Emirates
  2. Advanced Operational Auditing & Management Effectiveness Analysis
    1 November 2009 | Dubai, United Arab Emirates
  3. Effective Management Analysis & Operational Auditing
    1 November 2009 | Dubai, United Arab Emirates
See all events »

MORE TOP MIDDLE EAST BUSINESS STORIES

  1. Double digit growth for Islamic banking assets in 2009
  2. Audit report exposes faults in major Bahrain firms
  3. UAE's Mubadala leads way on Q3 transparency
  4. UK firm signs $9m for GCC Premier League sweets
  5. Bahrain signs deal for Arabic web content centre
All Middle East business news stories »

SPOT POLL

What do you think about the offer of free legal advice to people caught in Dubai property disputes?

Amid the real estate gloom, this is the best news for months and will improve transparency.
This is a good move and should redress the imbalance between investor and developer.
By offering a free service, it will just encourage people to abuse the complaints system.
It's too little, too late and I doubt many people will actually qualify for the free advice.
ArabianBusiness.com/Jobs - Middle East Jobs Search
  1. Country Project Logistics Head
    Industry: Other
    Location: Riyadh, Saudi Arabia
  2. Industrial Field Engineers
    Industry: Other
    Location: Riyadh, Saudi Arabia
  3. Mechinical Technician
    Industry: Other
    Location: Dubai, UAE
  4. SALES MANAGER (BUILT-IN KITCHEN,HOME APPLIANCES)
    Industry: Sales
    Location: Dubai, UAE
  5. Fitness Instructor
    Industry: Healthcare
    Location: Sharjah, UAE
Browse all jobs »
Tell us your story

UPCOMING ISSUE


 

READER COMMENTS

  1. Blueprint revealed to put 185,000 Bahrainis into work 02
    03 Nov ' 09 at 15:08
    Shivaraman, you are 100% correct. All GCC countries need to stop judging by nationality but by skills and experience. A European...   More  »
  2. UK firm signs $9m for GCC Premier League sweets 01
    04 Nov ' 09 at 16:07
    This is great news: we don't have sufficient quantity of confectionery and sugar available - so this will definitely help plug a gap:...   More  »
  3. Dubai index posts biggest one-day gain since Feb 01
    02 Nov ' 09 at 15:56
    Well I have to say that it is all a game. How can suddenly the market jump when the world markets are going down. Funny thing is that...   More  »

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