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Welcome to the morning edition of ArabianBusiness.com Daily News Alert.
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Thursday, 6 September 2007

Gulf real estate projects worth $143bn
Construction boom shows no signs of slowing as value of GCC projects over last year jumps 59%.


Emaar tycoon lands in North Korea
Mohamed Alabbar flies private p*** to communist state prompting speculation about investment plans.


Emirates approves NBD merger
Shareholders of Emirates Bank agree to planned $11.3bn merger, NBD to vote today.


Kuwait inflation down from 12 year high
Food and transport prices increased at slower pace in June after currency peg to dollar scrapped.





Why Dubai attracts the broadcast community
Dubai's presence at IBC is a big move in helping to lure the production industry to the emirate.




Kuwait bourse to cut hours for Ramadan
The Kuwait stock exchange will shorten its trading hours during the Muslim fasting month.




OPEC to hold output steady
Exporters likely to stick to current output, but leave door open for supply boost later this year.


Turkey to develop Iraqi gas
Pipeline company will develop fields in northern Iraq to strengthen supplies for the Nabucco project.




Emirates brands UK airport tower
UAE airline stamps its mark on Britain's newest air traffic control centre at Newcastle airport.




Making waves in Oman
Annika Vaughan explains why the sultanate is the next Gulf property and tourism destination.




Saudi Telecom in acquisition talks
Arab telecom says it is set for 'major' foreign acquisition, its second outside its home market.


UAE IT services market reaches $507 million
IDC predicts continued strong growth in services, MDS leads services vendors for third year running.




GLOBAL MARKETS
Last Updated: 05/09/2007
DOW 13,305.47 1.07%
NASDAQ 2,605.95 1.15%
S&P 500 1,472.29 1.15%
FTSE 100 6,270.70 1.66%
DAX 7,588.03 1.73%
CAC 40 5,551.55 2.14%
NIKKEI 16,158.45 1.60%

JOIN THE DEBATE

  1. Facebook opens up to the world
    Clinton: But facebook is now blocked in the UAE anyway ... »
    5 Sep '07 at 18:00
  2. US pressure on UAE 'illegal', Iran says
    Rajendra K. Aneja: SUBJECT: Small step for Al-Sadr, but massive peace step »
    5 Sep '07 at 17:00
  3. Airline sacrifices goat to sky god
    Aanand: POOR ANIMALS »
    5 Sep '07 at 15:00
  4. UAE ads lack originality
    Arshia: running scared »
    5 Sep '07 at 15:00
  5. UAE ads lack originality
    Murtaza: Flash ads on this website are sooo annoying »
    5 Sep '07 at 13:00
  6. Flat chance of any good sleep
    Fred: Hardship?? »
    5 Sep '07 at 13:00
  7. Now is the time for venture capital
    Bahjat Homsi: Sindibad and Arab risk taking origins »
    5 Sep '07 at 13:00
  8. UAE ads lack originality
    Behrooz Modirrousta: Useless Conversation »
    5 Sep '07 at 12:00
  9. MTC to use new brand name
    mumeenchowdhury@yahoo.com: Not a good brand name! »
    5 Sep '07 at 10:00
  10. Now is the time for venture capital
    Farhan Kalaldeh: Arab Governments can really help in developing the VC Industry in the region »
    5 Sep '07 at 05:00
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