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Monday, 09 November 2009 08:50 UAE time

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more »MIDDLE EAST FINANCIAL MARKETS COMMENT

Bubble in bubbles means it’s time to close bar
China and India share a dubious honour as the global crisis wanes as home to two of the most obvious stock bubbles.

 William Pesek  

more » BUSINESS INTERVIEWS

What happens next?

Was Damas CEO Tawhid Abdullah's $165m unauthorised payments a case of mere ignorance?


more »OTHER MIDDLE EAST BUSINESS NEWS STORIES

Banking & Finance

  1. Minister urges more post crisis transparency

Construction & Industry

  1. 32% Qatar infrastructure projects delayed

Culture & Society

  1. Philippines cancels licences after Dubai jobs scandal

Education

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

Energy

  1. Saudi Aramco plans to build largest gas plant

Healthcare

  1. Kuwait swine flu fatalities rise to 24

Islamic Finance

  1. Islamic bank assets up 29% - survey

Media & Marketing

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

Personal Finance

  1. Credit bureaus combine to form regional group

Politics & Economics

  1. Bahrain dockers call off plan for industrial action

Real Estate

  1. 59% say Deyaar job cuts just tip of the iceberg

Retail

  1. Oman firm signs deal for Qatar poultry supply

Sport

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

Technology

  1. Batelco to stop dial-up internet service early in 2010

Transportation

  1. Metro users 40% up on pre-launch estimates - RTA

Travel & Hospitality

  1. ADNH sees net profit up by 28% but hotels suffer

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more » BUSINESS FEATURES

No big deal(s)?

Private equity firms in the Middle East are low on leverage and high on cash, with around $11bn of unspent capital in their coffers.

Bourse supremacy

National pride may prevent Gulf bourses from merging. But there will be winners and losers.


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 FINANCIAL MARKETS STORIES

  1. Property stocks help UAE markets advance
  2. Petchems help Saudi end higher
  3. Dubai extends slide; Abu Dhabi also falls
  4. Saudi ends higher tracking global strength
  5. UAE's Daman Investments eyes IPO by 2012
All Financial Markets 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.
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    Industry: Finance
    Location: Qatar, Qatar
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    Industry: Finance
    Location: Muscat, Oman
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    Industry: Finance
    Location: Muscat, Oman
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READER COMMENTS

  1. The tipping scandal 13
    09 Nov ' 09 at 07:25
    It is all very well for Damien to report that we should give waiters cash. However, this is a no win situation as the waiters just go...   More  »
  2. The party's just beginning 11
    08 Nov ' 09 at 22:41
    If the party is just beginning, someone forgot to tell the guests-- they aren't going to be showing up anytime soon!!!!!   More  »
  3. Al Habtoor chief upbeat on Dubai future 09
    08 Nov ' 09 at 22:21
    I truly understand those who witnessed the crazy race to real estate, figures tripling in a gap of a year. That wasn't the reality....   More  »

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