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Welcome to the morning edition of ArabianBusiness.com Daily News Alert.
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ArabianBusiness.com Daily News Alert
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Wednesday, 15 August 2007

Banks seek Sainsbury finance extension
Banks behind the Qatar bid for J. Sainsbury are looking to extend their commitments as takeover talks drag on.

Istithmar gets Barneys go-ahead
US antitrust authorities have given the investment agency the nod to buy the luxury clothing chain.

Iraq mobile auction bidders named
Five companies are to bid for three new mobile network licences in an auction this Thursday.

Engineers India wins $27mn UAE deal
The state-run firm will manage the construction of a petrochemical complex in Abu Dhabi.



Indians on India
Political and cultural figures from India discuss the country's achievements - and challenges.



Taqa names interim CFO
Abu Dhabi National Energy Co expands senior management team with financial appointment.



India-Pakistan trade with Gulf hits $36bn
As India and Pakistan celebrate their 60th year of independence, ArabianBusiness.com takes a look at the level of bilateral trade between the two nations and the GCC.

India's growth causing staff shortage in GCC
Chaiman of Dubai-based healthcare colgomerate says it is becoming much harder to source skilled labour.

Astronomers call for Arab space agency
Bahraini team is to try to convince the Arab League to discuss the proposal.

Sri Lanka seeks Middle East business
Sri Lankan business delegation will visit the Middle East next month to boost trade ties in the region.



HP names new Middle East boss
John Hoonhout to take on MD role.

3Com gifts networking gear to Lebanon
US vendor donates gear worth US$500,000 to Lebanese Ministry of Education.



GLOBAL MARKETS
Last Updated: 14/08/2007
DOW 13,028.92 1.57%
NASDAQ 2,499.12 1.70%
S&P 500 1,426.54 1.82%
FTSE 100 6,143.50 1.21%
DAX 7,425.07 0.66%
CAC 40 5,478.66 1.63%
NIKKEI 16,844.61 0.27%

IN PICTURES

JOIN THE DEBATE

  1. Which Middle East city is best for business?
    Rajendra Aneja: Dubai to do business!! »
    14 Aug '07 at 12:00
  2. Have you changed your mind about Salik?
    Safi Nomani: Salik »
    14 Aug '07 at 12:00
  3. Have you changed your mind about Salik?
    Rajendra Aneja: Salik »
    14 Aug '07 at 11:00
  4. Landmark figures show sustained growth
    Sher: Worst customer service. »
    14 Aug '07 at 11:00
  5. Wanted: professional interior designer
    Hussain Motabagani: a matter of perspective »
    14 Aug '07 at 10:00
  6. Are you being served?
    Hombil: Are you being served? »
    14 Aug '07 at 10:00
  7. NBK buys Al-Watany for $522mn
    Rania Hegazy: NBK buys Watany Bank Egypt »
    14 Aug '07 at 09:00
  8. Dell names new Middle East distributor
    ADYA TECHNOLOGY COMPANY: Price list of Dell Laptops. »
    14 Aug '07 at 09:00
  9. Green building consultancy launched
    Hussain Motabagani: SPLENDID :) »
    14 Aug '07 at 09:00
  10. Have you changed your mind about Salik?
    Harry: Salik »
    14 Aug '07 at 08:00
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