ArabianBusiness.com - Middle East Business News
Saturday, 07 November 2009 13:36 UAE time

YOUR DIRECTORY /

UAE to be among topmost tourist hubs in 5 years - survey

Culture & Society
'Obama effect' bags top-brand spot for US this year for first time - Country Brand Index.



Saturday, 07 November 2009

Saudi edges higher in early trading

Financial Markets
The Saudi index TASI edges up 0.1 percent to 6,351 points, led higher by SABIC.

Saudi edges higher in early trading

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

Retail
Aquarium's ‘World’s Largest Acrylic Panel’has been viewed by more than 30m visitors.

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

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

Politics & Economics
US arms sales hit record in 2009; expects to repeat performance in 2010.

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

Qatar fertiliser firm ups output, eyes South America

Construction & Industry
Industries Qatar to up urea production 87% by 2012; Qafco sees demand in S America.

Qatar fertiliser firm ups output, eyes South America

Qatar centre spreads moderate Islam, dialogue

Culture & Society
Center to also work for women's rights, fight misconceptions about their status under Islam.

Qatar centre spreads moderate Islam, dialogue

Foreign firms eye Oman power plant plans

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

Foreign firms eye Oman power plant plans

Friday, 06 November 2009

BSNL to go direct to Zain if consortium talks fail

Technology
Indian-led consortium aims to take a 46 percent holding in the Kuwaiti firm.

BSNL to go direct to Zain if consortium talks fail

Saudi to strike Yemen rebels until they flee

Politics & Economics
Strike conducted within Saudi territory; at least 40 rebels surrender during air strike.

Saudi to strike Yemen rebels until they flee

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.

Bahrain cenbank suspends real estate caps - sources

Gunman kills 12 at US army base, suspect alive

Politics & Economics
Army psychiatrist opens fire with two handguns at the Fort Hood Army post.

Gunman kills 12 at US army base, suspect alive

Islamic bank assets up 29% - survey

Islamic Finance
Islamic banks attracted more assets than conventional banks in 2009 on conservative approach.

Islamic bank assets up 29% - survey

Abu Dhabi to ban all plastic bags in shops by mid-2010

Retail
Offenders to face a hefty fine of not less than AED10,000 ($2723) - report.

Abu Dhabi to ban all plastic bags in shops by mid-2010

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

Transportation
Construction of Dubai's Seventh Crossing, 'Dubai Smile' delayed- RTA official.

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

Saad unit lenders meet, liquidators appointed

Banking & Finance
Banks seek repayment of a loan of up to $2.8bn taken out in 2007 by SICL.

Saad unit lenders meet, liquidators appointed

Qatar's nominal GDP shrinks 4.3% Q-o-Q in Q2

Politics & Economics
World's top natural gas exporter hit by a slump in natural gas prices - official estimates.

Qatar's nominal GDP shrinks 4.3% Q-o-Q in Q2

PE firms critical for transparency in Gulf family-owned cos

Banking & Finance
Transparency is 'not in the genes here' - Dubai Financial Services Authority chief exec.


Abu Dhabi's gold retailers face slowing sales

Retail
Gold sales in Abu Dhabi fall by up to 30 percent in October on the year - traders.

Abu Dhabi's gold retailers face slowing sales

Gulf Air workers stage labour protest

Transportation
Some 300 employees at Bahrain's state-owned carrier protest against job cuts.

Gulf Air workers stage labour protest

Night to remember

Banking & Finance
CEO Middle East gathers together the region’s top executives to celebrate its annual awards ceremony.

Night to remember

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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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READER COMMENTS

Reader Comments (24 hrs)

  1. The tipping scandal 13
    07 Nov ' 09 at 11:53
    I think the readers get what they want in the manner a performing seal gets another fish if it claps loud enough, judging by the...   More  »
  2. Abu Dhabi to ban all plastic bags in shops by mid-2010 3
    07 Nov ' 09 at 12:41
    Yes, this is what everybody should do now. I hope this will be approved. Please rests of the Emirates think about it. Even people are...   More  »
  3. 59% Dubai residents still to ride metro - poll 2
    07 Nov ' 09 at 00:41
    Who in their right mind decided to open the Metro station at DFC instead of at Downtown/Dubai Mall in the middle of a tourist season,...   More  »

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Gitex 2009

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