ArabianBusiness.com - Middle East Business News
Saturday, 21 November 2009 02:05 UAE time

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Dubai may see growth of 5% in 2009 - Alabbar

Politics & Economics
Dubai's second $10bn bond tranche in its 'final stages', ruling council member says.



Friday, 20 November 2009

UAE will not drop US dollar peg – cenbank chief

Politics & Economics
Dropping the dollar peg ‘is not for us’, Nasser Al Suweidi says.

UAE will not drop US dollar peg – cenbank chief

Dubai to act tough on employees’ salary defaulters - paper

Politics & Economics
Labour Ministry to act strict with cos wrongfully claiming to have paid staff salary on time.

Dubai to act tough on employees’ salary defaulters - paper

Dubai plans start-up help for expat entrepreneurs

Construction & Industry
Legalities, branding work for the SME Development plan still in progress - paper.

Dubai plans start-up help for expat entrepreneurs

Tamweel, Amlak merger seen in Q1 2010

Banking & Finance
Tamweel's default rate had retreated from a peak of 3 percent recently - official.

Tamweel, Amlak merger seen in Q1 2010

Sheikh Mohammad reshuffles ICD, Dubal boards

Politics & Economics
Dubai Events and Promotions to take over DSF office; Dubai Duty Free assets shift to ICD.

Sheikh Mohammad reshuffles ICD, Dubal boards

Paltel says deal with Kuwait's Zain is off

Technology
Zain confirms cancellation of deal with Palestine Telecom Co, which operates in West Bank, Gaza.

Paltel says deal with Kuwait's Zain is off

Gulf Arab investors discouraged by Morocco's red tape

Financial Markets
Kingdom's poor infra also hurting further investments agricultural field - trader.

Gulf Arab investors discouraged by Morocco's red tape

Saudi cenbank to review USD peg if conditions change

Politics & Economics
'Nothing is ruled out, nothing is ruled in. There is no perfect solution' - SAMA chief.

Saudi cenbank to review USD peg if conditions change

Dubai's Jumeirah Group plans hotels in Brazil

Travel & Hospitality
Jumeirah’s priority is to operate hotels in Sao Paulo and Rio de Janeiro - official.

Dubai's Jumeirah Group plans hotels in Brazil

Somali pirates free UAE-owned cargo ship

Transportation
Ship's release followed negotiations with businessmen in the anarchic country's capital.

Somali pirates free UAE-owned cargo ship

Thursday, 19 November 2009

$4.4bn Abu Dhabi oil project contracts awarded

Energy
Three South Korean companies win deals for Ruwais Refinery expansion project.

$4.4bn Abu Dhabi oil project contracts awarded

Bahrain's inflation remains flat in October

Politics & Economics
CPI stays almost same at 110.5 points in October compared to a month earlier.

Bahrain's inflation remains flat in October

Surge in Bahrain non-oil exports

Politics & Economics
Recent data shows non-oil and services exports account for 73% of total volume of exports in 2008.

Surge in Bahrain non-oil exports

Kuwait tops Mideast list for swine flu cases

Healthcare
World Health Org report says Gulf state has seen 6,640 H1N1 infections so far.

Kuwait tops Mideast list for swine flu cases

GE unit nears Islamic bond sale

Financial Markets
General Electric unit to sell 5-year benchmark bond; could raise as much as $1bn - bankers.


Oil slips towards $79 on dollar, demand concern

Energy
Doubts about pace of demand recovery in US dampens market sentiment.

Oil slips towards $79 on dollar, demand concern

SocGen opens wealth management office Bahrain

Banking & Finance
CEO John Abraham to head office under investment firm licence from Bahrain's CBB.

SocGen opens wealth management office Bahrain

Opinion split over Mideast aviation growth - poll

Travel & Hospitality
Some 36.4% of people see slow growth next year, while 33.5% think industry will stagnate.

Opinion split over Mideast aviation growth - poll

Drop in Saudi road deaths

Transportation
Kingdom's capital also sees a drop in the number of dangerous injuries while driving - report.

Drop in Saudi road deaths

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READER COMMENTS

Reader Comments (24 hrs)

  1. UAE announces Eid and National Day holidays 2
    20 Nov ' 09 at 15:56
    Eid and National Day are two great occassions and very close to each other. It would be a great act for the UAE authorities to extend...   More  »
  2. Somali pirates free UAE-owned cargo ship 1
    20 Nov ' 09 at 21:38
    I am sick and tired of hearing about this! I don't understand how a bunch of normal,off the street,run of the mill men can travel these...   More  »
  3. Where have all the optimists gone? 1
    20 Nov ' 09 at 06:49
    In times of recession - where demand is falling back in most sectors, the econmic forecasting as a tool is more to do in digesting the...   More  »

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Gitex 2009

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