Back to newsletter listDate:
Mon, July 30, 2007 10:22:11 PMFrom:
ArabianBusiness.com AM
Subject:
Rice says arms deal will boost stability; UAE bans Indian poultry imports
Welcome to the morning edition of ArabianBusiness.com Daily News Alert.Having trouble reading this email? See it in your browser.
Rice says arms deal will boost stability
Bush administration claims $20bn arms package to Arab countries will promote security in the Middle East.
Qatar bank eyes UAE buy
Commercial Bank of Qatar is in talks to buy a minority stake in the UAE-based United Arab Bank.
UAE bans Indian poultry imports
Live birds and poultry products imports are banned after an outbreak of the deadly H5N1 virus in India.
Iran bank hit hard by sanctions
Diplomats say European operations of Iran's Bank Sepah have been badly hurt by UN sanctions
Heading up the Asian invasion
It has been said that the reputation of the Samsung Group precedes that of its home country, South Korea.
EBI, NBD shareholders to decide on merger by September
Shareholders have until September 17 to decide on government plan to create the Gulf's largest bank.
Results round-up - July 30
Dubai Investments posts its second-biggest profit on record in Q2; Sorouh Real Estate sees revenue surge six-fold.
Balaji hires Sony creative to head UAE arm
India's Balaji Telefilms has appointed Harsha Chugh as business head of its UAE operations.
SABIC buys into Mauritania iron project
Saudi Basic Industries Corp. is to take a 35% stake in a $1.5bn iron ore project in Mauritania.
Delta fund buys UK healthcare firm
The Qatar-backed investment fund has bought specialist provider Care Principles from 3i in a $547 million deal.
Inspectors visit Iran reactor site
IAEA confirms inspectors spent five hours yesterday at Iran's Arak heavy-water site.
Al Janabi buys Virginia's EFMC, LLC
Dubai investment firm has acquired the developer of Technology Exchange Centers in a $33mn cash transaction.
Tripp Lite switches to Empa
Power protection vendor Tripp Lite has strengthened its distribution channel by naming Dubai-based Empa as a regional partner for its products in the GCC market.
ECQ signs deal with NavLink
Energy City Qatar (ECQ) is to build a data centre through a joint collaboration with managed services provider NavLink.
| GLOBAL MARKETS | |||||
| Last Updated: 30/07/2007 | |||||
| DOW | 13,358.31 |
|
0.70% | ||
| NASDAQ | 2,583.28 |
|
0.82% | ||
| S&P 500 | 1,473.91 |
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1.03% | ||
| FTSE 100 | 6,206.10 |
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0.15% | ||
| DAX | 7,456.31 |
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0.06% | ||
| CAC 40 | 5,646.36 |
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0.04% | ||
| NIKKEI | 17,289.30 |
|
0.03% | ||
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