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Monday, 23 November 2009 11:57 UAE time

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Bahrain approved $47.7m for elderly and housing

Bahrain approved $47.7m for elderly and housing

Politics & Economics
Pensioners will be given a one-off bonus and run-down homes renovated.

UAE real estate will take 'some time to stabilise' - central bank
Politics & Economics
Governor says the economy is 'progressing well', rules out move to depeg from dollar.

Dubai population grows 1.9% in Q2
Politics & Economics
Rise in population compared to the previous three months shows the emirate's job sector is picking up.

UAE expects to see up to 3% economic growth in 2010
Politics & Economics
Economy minister Sultan Bin Saeed Al Mansouri says 'positive' on 2010 outlook.

more »MIDDLE EAST POLITICS & ECONOMICS COMMENT

Short-term gain, long-term pain
Thousands of Kuwaitis are taking gov't salaries for work they don’t do. They’ll suffer for it in the future, says Andrew White.

 Andrew White  

Where have all the optimists gone?
Damian Reilly's on the lookout for someone, anyone, who will tell him everything is going to turn out fine in 2010.

 Damian Reilly

more » BUSINESS INTERVIEWS

Power play

Nicholas Carter, head of Abu Dhabi‘s Regulation & Supervision Bureau, talks costs, competition and climate change.

Welcome to the jungle

Colombian vice president Francisco Santos talks about tackling the drug barons, Gulf land grabs & the war in Afghanistan.


more »OTHER MIDDLE EAST BUSINESS NEWS STORIES

Banking & Finance

  1. Emirates NBD has $350m Saudi exposure - chief

Construction & Industry

  1. Qatar signs $22.79bn rail deal with Deutsche Bahn

Culture & Society

  1. Dubai residency visas increase this year - officials

Education

  1. Tougher checks proposed for foreign teachers

Energy

  1. OPEC chief calls for climate talks compensation

Healthcare

  1. Saudi confirms four pilgrims die of swine flu

Islamic Finance

  1. Tamweel records 95% fall in Q3 profit

Media & Marketing

  1. Dubai developers see negative press reports decline

Personal Finance

  1. Credit bureaus combine to form regional group

Politics & Economics

  1. Bahrain approved $47.7m for elderly and housing

Real Estate

  1. Dubai developers see negative press reports decline

Retail

  1. Sunseeker ME announces regional expansion plans

Sport

  1. Lee Westwood wins Race to Dubai

Technology

  1. Microsoft steps up UAE anti-piracy raids

Transportation

  1. Fewer drivers killed on Dubai roads last year

Travel & Hospitality

  1. US leisure giant to open first Mideast hotel

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more » BUSINESS FEATURES

The man who sold the world

Saatchi & Saatchi boss Kevin Roberts thinks the global economy cheerleaders are about to get a nasty shock.

New Year, New City

Abu Dhabi is on the rise, and now, in the wake of its inaugural F1 GP, the world knows it. But how solid are its fundamentals?


more »MIDDLE EAST POLITICS & ECONOMICS EVENTS

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MORE POLITICS & ECONOMICS STORIES

  1. UAE will not drop US dollar peg – cenbank chief
  2. Dubai may see growth of 5% in 2009 - Alabbar
  3. Dubai to act tough on employees’ salary defaulters - paper
  4. Sheikh Mohammed reshuffles ICD, Dubal boards
  5. Saudi cenbank to review USD peg if conditions change
All Politics & Economics news stories »

SPOT POLL

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No, you need to have smaller banks, especially post financial crisis.
No, banks from certain countries, like India with a huge expat population here, are under represented.
Who cares, the service is terrible wherever you go.
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READER COMMENTS

Reader Comments (24 hrs)

  1. Dubai population grows 1.9% in Q2 7
    23 Nov ' 09 at 11:36
    While we all should agree that Dubai was over ambitious and the financial crises has left a big dent on the economy. Also the truth is...   More  »
  2. Dubai to act tough on employees’ salary defaulters - paper 1
    22 Nov ' 09 at 11:53
    I worked for a company in Abu Dhabi, and I am still retained as an advisor by its CEO. The company belongs to a member of the royal...   More  »

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