ArabianBusiness.com - Middle East Business News Monday, 07 July 2008 | 19:12 UAE time
US Navy prepares for conflict in Gulf

US Navy prepares for conflict in Gulf

Politics & Economics
Fifth Fleet carrying out exercises to protect maritime infrastructure after Iran threat to shut down waterway.

Italy calls on G8 to curb oil speculation
Energy
Record prices overshadow meeting of world powers, Italian PM says world faces $200 a barrel oil.

Construction firms face legal action
Construction & Industry
UAE city Al Ain gets tough on companies flouting midday working ban, over 20 firms in hot water.

Six hurt in grenade attack
Politics & Economics
Suspect arrested after explosion in southern Yemen following demonstration over high living costs.


more »MIDDLE EAST BUSINESS COMMENT

Turning off the tap
Irrigation is one of the biggest uses of water in the region, but also one of the biggest misuses of water, particularly at residential level.

Michele Howe  

Venture capital the key to diversification
Sophisticated investors diversify their investments. For others, the path to investment is the latest market trend.

Fred Korangy

more » MARKET DATA

DFM

Last Price:

5,384.77

-42.68-0.79%

7 Jul 2008 09:59 GMT
(Market Closed)

ADX

Last Price:

5,042.03

-45.93-0.90%

7 Jul 2008 09:59 GMT
(Market Closed)

SSE

Last Price:

9,517.32

+34.09+0.36%

7 Jul 2008 12:30 GMT
(Market Closed)

more »OTHER MIDDLE EAST BUSINESS NEWS STORIES

more »MIDDLE EAST BUSINESS EVENTS

UPCOMING EVENTS

  1. IFRS & US GAAP Courses in Dubai
    27 April 2008 | Dubai, United Arab Emirates
  2. Islamic Countries Agriculture And Food Conference
    10 June 2008 | Dubai, United Arab Emirates
  3. Diploma In Management Of Documentation Systems
    17 June 2008 | Dubai, United Arab Emirates
See all events »

SPOT POLL

Would you leave the Gulf if war broke out between the US and Iran?

Yes, the prospect of war is very frightening to me.
I would consider leaving, but it would depend how badly my country was affected.
It would depend on my salary, and whether I was paid 'danger money'.
No, because I do not believe conflict in Iran would affect the Gulf significantly.
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BUSINESS FEATURES

Cutting costs

If you are active in the cross-border M&A sector, it's time to look at due diligence in the 21st century.

Research matters

Researchers are beginning to understand exactly how various forms of exercise impact the heart.

Set in stone

IT best practices are growing in popularity, but some may be adopting standards too rigidly.

BUSINESS INTERVIEWS

A spotlight on staffing

Radisson SAS Dubai Media City execs explain why the hotel's most precious commodity is its employees.

Strong foundations

Raymond Debrauwer discusses a recent boom in the steel foundations market in construction.

Cashed up

Hotels are cashing in on the weddings market with extravagant packages to suit every bride's desire.

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