ArabianBusiness.com - Middle East Business News
Sunday, 08 November 2009 22:25 UAE time

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Mideast needs to improve insolvency rules - World Bank

Politics & Economics
Top official says Arab states are lagging behind on bankruptcy, contract laws.



Sunday, 08 November 2009

Abu Dhabi economy seen growing 4% in 2010

Politics & Economics
Economic chief also says UAE capital plans to create business centres to aid trade.

Abu Dhabi economy seen growing 4% in 2010

52% of MENA firms eye staff hiring - survey

Politics & Economics
Fewer companies in the UAE are upbeat on new staff compared to region's average.

52% of MENA firms eye staff hiring - survey

Emerging markets 'havens for stolen assets' - World Bank

Politics & Economics
Top official also says corruption is costing developing nations up to $40bn a year.

Emerging markets 'havens for stolen assets' - World Bank

Al Habtoor chief upbeat on Dubai future

Politics & Economics
Leading UAE businessman says impact of crisis on city 'fading into history'.

Al Habtoor chief upbeat on Dubai future

Saturday, 07 November 2009

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

Friday, 06 November 2009

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

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

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

Thursday, 05 November 2009

Abu Dhabi economy to grow 5% in 2010 - paper

Politics & Economics
Abu Dhabi's economy seen growing 2-3% this year; signs of recovery emerging.

Abu Dhabi economy to grow 5% in 2010 - paper

Audit report exposes faults in major Bahrain firms

Politics & Economics
Mumtalakat and Gulf Air are criticised in National Audit Court annual report.

Audit report exposes faults in major Bahrain firms

Emiratis without ID cards to lose access to police services

Politics & Economics
Ministry sets new Nov 22 deadline, ruling on expats to be announced at later date.

Emiratis without ID cards to lose access to police services

Qatar plans to cut corporate tax to 10% in 2010

Politics & Economics
Minister reveals new proposal aimed at luring more foreign investors to Gulf state.

Qatar plans to cut corporate tax to 10% in 2010

Wednesday, 04 November 2009

UAE says rights of migrant workers 'not negotiable'

Politics & Economics
Labour Minister says UAE is fully committed to protecting foreign workers.

UAE says rights of migrant workers 'not negotiable'

Moody's downgrades ratings of gov't linked firms

Politics & Economics
Ratings agency takes action on Dubai majors, citing criteria for receiving gov't support.

Moody's downgrades ratings of gov't linked firms

Deutsche Bank upbeat on Saudi prospects

Politics & Economics
Bank sees V-shaped recovery in kingdom, offering good value for investors.

Deutsche Bank upbeat on Saudi prospects

UAE's real GDP growth in 2010 seen at 3.7%

Politics & Economics
Business Monitor Int'l says UAE likely to outperform GCC neighbours next year.

UAE's real GDP growth in 2010 seen at 3.7%

Indonesia slaps worker ban on Saudi, Kuwait

Politics & Economics
Gov't takes action to repatriate 1,750 workers in Mideast amid mistreatment claims.

Indonesia slaps worker ban on Saudi, Kuwait

Tuesday, 03 November 2009

Emir sees Qatar growth at 9% in fiscal year

Politics & Economics
Gulf state's leader also predicts 16% growth for the following fiscal year - report.

Emir sees Qatar growth at 9% in fiscal year

Bank chief says RAK growth to return in 2010

Politics & Economics
RAK Bank chairman says tourism and industry will drive post-crisis growth.

Bank chief says RAK growth to return in 2010

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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 party's just beginning 10
    08 Nov ' 09 at 18:31
    The recession may be coming to an end, but my guess is that there is no party in sight, just a depression! The typical line i hear in...   More  »
  2. Al Habtoor chief upbeat on Dubai future 8
    08 Nov ' 09 at 20:55
    I agree with Mr Khalafs comments, yesterday is gone,tomorrow nobody seen, what he is expecting beyound tomorow ,is his positive...   More  »
  3. Qatar mulls expat salary rise to qualify for family visas 2
    08 Nov ' 09 at 10:54
    While I believe that ethnicity being a barometer of success is absolute rubbish, I find it amusing to note that the biggest supporters...   More  »

Read all user comments >

Gitex 2009

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