RELATED STORIES

Gov't rules still main barrier for Mideast journalists - survey

Region's reporters also say they are under more pressure amid collapse in ad revenues.





Kuwait wants oil price to remain above $60

Oil minister says Gulf state needs oil price at level for it to meet budget requirements.





UAE to publish jobs, credit data in transparency bid

Gov't-backed Emcredit says it will publish first report later this summer, more to come.





Qatar bank lending falls $4.2bn in Q1 - report

Qatar Central Bank figures reveal 7% drop in lending, compared to last quarter of 2008.





Kuwait real estate sales fall to 5 month low

National Bank of Kuwait report says 314 deals done in May, down 17% on previous month.





Football, TV stars set up firm backed by Mideast investors

Sir Alex Ferguson, Sir David Frost look to snap up real estate bargains in $1.6bn venture.





Gasoline prices down on demand concerns

ME gasoline prices fell nearly $3 this week as signs of a recovery in the global financial system looked dim.





Bahrainis show confidence in local economy - Minister

Commerce chief says locals pump 52% of investment into Gulf state.





Enrolment figures up despite UAE exodus fear - GEMS

EXCLUSIVE: Education major says pupil numbers for next term are up 5-12% on 2008.





GCC's financial sector recovery slows in June - Al Mal

Analysts say regional loan growth stalled amid fears over exposure to troubled Saudi firms.





Sorouh to revise payments for Gate Towers investors

Abu Dhabi developer says it will also meet investors to discuss possible price reviews.





Some GCC water treatment projects 'could be shelved'

Study shows slowdown in Gulf market amid global crisis but 2010 pick-up seen.





Gulf's largest bank raises $1.09bn

Emirates NBD in capital raising move in effort to meet minimum requirements of UAE central bank.





Investors fear UAE property market has yet to hit bottom

New investor confidence survey reveals only 19% believe recovery is beginning.





GCC has seen worst of global crisis - Algebra CEO

Company chief says banking resources more than enough to weather storm.





Kuwait sees sharp drop in oil exports to Japan

Most Gulf producers see supply to world's third largest consumer fall sharply in May - report.





Retail rents in Dubai fall 10% in Q1 - report

New research reveals rent drop amid continuing retail slowdown.





Mideast consumer confidence for H2 falls - survey

New poll of 2,600 people reveals sharp fall in confidence in most GCC countries.





Bahrain airport chief sees 25% fall in departures

Airport director says financial turmoil, swine flu to blame for sharp drop in passengers.





Saudi economy predicted to shrink by 1.2% in 2009

New report by Samba Bank says sharp slowdown in private sector activity to blame.





Mideast super rich curb travel in global crisis

Business jet firm says demand for flights down 20% in Q1 compared to same period in 2008.





Dubai house prices, rents rose in June - Deutsche Bank

Analysts say villa, apartment prices rose 6.5% compared to May, rents rose 1.1%.





UAE economic recovery seen in 2010 - analyst

Morgan Stanley says UAE economy may have reached 'bottom of downturn'.





Emaar in talks to protect shareholders amid merger move

Property giant in discussions with Securities and Commodities Authority.





Bahrain PM gives low income families power bill reprieve

Electricity supply should not be cut off amid payment problems, Premier says.





Top Bahrain banker sees economic crisis easing

Bahrain Association of Banks chairman says recovery on the way, sees no need to panic.





Saudi's foreign assets fall for sixth successive month

Rate of decline slows to just over 1%, down to $395bn, according to official data.





Luxury hotel announces rooms auction plan

Dubai's Monarch Hotel gives people chance to 'name your price' in bid to buck downturn.





Saudi credit falls further in May, M3 slows growth

Loans granted by Saudi banks to the private sector fell for a 3rd straight month.





UAE travellers moving towards no-frills carriers - study

More Sharjah residents opt to use budget carriers for leisure travel.