Back to newsletter listDate:
Sat, August 25, 2007 10:26:55 PMFrom:
ArabianBusiness.com AM
Subject:
Arabtec JV wins Dubai racecourse deal; Emaar drops share-swap deal
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Arabtec JV wins Dubai racecourse deal
Arabtec and Malaysian partner win $1.3bn contract to replace Dubai's Nad Al Sheba racecourse.
Emaar drops share-swap deal
Developer says plan to acquire Dubai govt. land in exchange for stock would not be in shareholder interests.
Sainsbury gives Delta more time
Supermarket group gives Qatari fund more time to boost the equity part of its $20bn takeover bid.
Saudi Telecom plans Kuwait bid
Saudi Telecom is joining regional rivals to bid for 26% stake in Kuwait's third mobile phone firm.
Kuwait investors eye BBK stake
Several investors are considering buying the Commercial Bank of Kuwait's 20% stake in the Bahraini lender.
Why this post haste should be junked
Why the postal service should be moving online - and why we should all be celebrating when it does.
Standard Chartered urges government to act on bad debt
Official says government should 'take the initiative' to stem rising tide of bad debt in the UAE.
Shuaa denies Ahli bid report
Dubai investment bank denies it is part of group in talks to buy majority stake in Ahli United.
Hollywood Tonight opens Dubai office
Emirates Tonight Productions is to open in Dubai by early 2009.
Yemen govt oil production drops 42%
Govt. share of total oil production fell to 20mn barrels in H1, challenging the country's economic growth.
Iran to get 20 new aircraft
20 new passenger aircraft will join Iran's national aviation fleet.
Kuwait health minister resigns
Minister tenders resignation after two patients were killed in a hospital fire earlier this week.
Saudi recalls made in China toys
Ministry of commerce collects samples from Riyadh markets to test for dangerous chemicals.
Saudi group buys UK, Austria hotels
MBC International has bought British hotel group The Eton Collection and Vienna's Schwarzenberg Palace Hotel.
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