Saturday, 17 May 2008

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Sorouh MD warns developers to deliver on promises

Sorouh MD warns developers to deliver on promises

Real Estate
Abu Dhabi's largest listed developer fears rogue firms are undermining market confidence.

Etihad plans flights to Kozhikode and Chennai
Travel & Hospitality
Daily flights from Abu Dhabi to Indian cities will begin during the summer.

Qatar's population doubles since '04
Culture & Leisure
Population of Qataris and foreign residents rose 90% in four years, says General Secretariat.

Arab mediators broker deal to end Lebanon conflict
Politics & Economics
Deal comes after US-supported gov't backs down in conflict with Hezbollah.

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more »MIDDLE EAST BUSINESS COMMENT

In times of test, is family best?
Seven out of 10 family businesses fail to make it to the second generation, and only one in 10 makes the third generation.

Andrew White  

Western airlines need state support
Flying on American Airlines, as I did twice last week, has much in common with travelling on a cattle truck.

James Doran

EDITOR'S CHOICE

  1. Superheroes master plan revealed »
  2. Mubadala property arm developing $5.6bn of projects »
  3. Western talent flocking to UAE »
  4. IMF warns Gulf of inflation threat »
  5. Dubai Police foil $6mn heroin plot »
  6. Dubai tourist numbers to hit 10mn by 2010 »

more »MIDDLE EAST BUSINESS FEATURES

Generation game

Family-run firms account for 75% of Gulf businesses. Is the next generation ready to take over?

Swapping subprime for sunshine

Job cuts in the US and UK have led to an influx of financial professionals seeking Gulf opportunities.

more »OTHER MIDDLE EAST BUSINESS NEWS STORIES

Banking & Finance

  1. Kuwaiti inflation hits record high
  2. Omani telco to up investment, plans IPO
  3. Bets grow on Gulf revaluations

Construction & Industry

  1. Reem Aluminium plans 2009 IPO
  2. Record penalty for residency violator
  3. Saudi's Maaden plans $2.5bn July IPO

Culture & Leisure

  1. Gloom and doom for Gulf staff
  2. Pakistan recalls Asif for Bangladesh clash
  3. Qatar's population doubles since '04

Energy

  1. Future Pipes seeks $554mn in IPO
  2. Earthquake strikes Iran
  3. OPEC trims '08 global oil demand forecast

Healthcare

  1. UAE looks to allow 100% foreign ownership
  2. Sweeping health reforms to 'improve lives'
  3. Cigarette prices set to soar

Islamic Finance

  1. Liverpool deal over - DIC
  2. Gulf states toe Fed's line, cut rates
  3. Dubai's FPI drops $554mn IPO plan

Media & Marketing

  1. Readers vote Sheikh Ahmed 2nd most powerful Arab
  2. US media giant buys CPI for $5.5mn
  3. Sportsmen score high in Power 100

Personal Finance

  1. Bahrain calls for greater telecoms competition
  2. Qatar to rein in home loans
  3. UAE consumer loans climb 47%

Politics & Economics

  1. RAK to buy Georgia Black Sea port
  2. Oman urges banks to rein in lending
  3. Qatar stakes claim on Cambodian farmland

Real Estate

  1. Nakheel plans SeaWorld theme park
  2. Arabtec profit surges amid building boom
  3. Subprime crisis slowing investment - Dubai World

Retail

  1. Kuwait posts $43bn fiscal surplus
  2. Qatar Steel freezes prices to curb inflation
  3. Abu Dhabi foreign trade hits $9.8bn

Sport

  1. WTA stars pay tribute to Henin
  2. Grant turns his fire on Bennett
  3. Nadal struggles at Hamburg Masters

Technology

  1. GCC bucks piracy trend
  2. Etisalat linked with $1bn Tata stake
  3. Batelco snubs 'overpriced' Mideast

Transportation

  1. Sheikh Ahmed kicks off ATM
  2. Ship impounded, crew arrested for net blackout
  3. Emirates avoids Airbus A380 delay

Travel & Hospitality

  1. Second business class carrier goes bust
  2. Etihad plans flights to Kozhikode and Chennai
  3. Superheroes master plan revealed

more »MIDDLE EAST BUSINESS EVENTS

UPCOMING EVENTS

  1. International Diploma In Occupational Safety And Health
  2. IFRS & US GAAP Courses in Dubai
  3. Interdepartmental Communication
See all events »
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MORE TOP MIDDLE EAST BUSINESS STORIES

  1. Gulf shares end down on profit taking
  2. US media giant buys CPI for $5.5mn
  3. US urges citizens to visit Iran
  4. OPEC trims '08 global oil demand forecast
  5. Amlak renews request for bank licence
All Middle East business news stories »

SPOT POLL

Following last week's manmade rainfall, do you believe the UAE should meddle with Mother Nature?

No, messing with Mother Nature could have terrible consequences in the future.
No, but something needs to be done about the looming water shortage crisis.
Yes, rain is desperately needed across the desert Gulf state.
Yes, but scientists must be very careful not to damage the country's natural ecosytem.

BUSINESS BIG SHOT

Wasim Saifi

Wasim Saifi
Home sweet home

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