Sunday, 11 May 2008

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Qatar stakes claim on Cambodian farmland

Qatar stakes claim on Cambodian farmland

Retail
Gulf state to invest $200mn in effort to secure food supplies amid global crunch.

Abu Dhabi gold sales up 20%
Retail
Value of gold sales in April surges 20% compared to a year ago, while volume rises 10%, group says.

Saudi eyes food investments overseas, stockpiles
Retail
Kingdom looks to secure long-term food security as rising prices hit consumers.

UAE turns to Pakistan to stave off food crisis
Retail
Gov't planning to buy farms and import goods to reduce impact of spiralling prices.


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more »MIDDLE EAST RETAIL COMMENT

All that glitters
It's easy to spot the fathers of the brides at the Dubai Gold Souq. They're the ones weeping inconsolably after looking at the price tags.

Sean Cronin  

Bickering over basics
Sensationalist reports recently have stressed the plight of 'ordinary' people being pushed towards poverty by rising food prices.

Lynne Nolan

more »MIDDLE EAST RETAIL FEATURES

Gold crush

Gold souqs should be lively during the Indian wedding season, but rising prices may mean dowry despair.

The grocer

Union Coop's GM discusses opening the world's biggest hypermarket and fighting price hikes.

more »OTHER MIDDLE EAST BUSINESS NEWS STORIES


SPOT POLL

Are you concerned that the introduction of VAT will lead to higher prices, and the first step to personal taxation?

No, VAT is inevitable, and needed. It can also help in the lowering of inflation in the country
No, as long as VAT is used simply as a better system than customs duty, this should be relatively painless
Yes, tax is addictive for governments and once introduced there is only one way it will go - up
I'm leaving - tax is on the way, and that's not part of the bargain I made when I came here
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