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Welcome to the morning edition of ArabianBusiness.com Daily News Alert.
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Sunday, 7 October 2007

Saudi king demands inflation answers
Governors have been summoned to explain rising inflation, which hit seven-year high in August.


GCC faces expat brain drain
Gulf countries must nurture local talent to protect leadership and management skills, expert warns.


No minimum wage for Saudi maids
National Recruitment Committee says problems must be resolved before minimum salary can be discussed.


Malaysian Resources in $2bn Saudi deal
Construction firm in talks over transport and property development in one of four Saudi cities.






Changes for exchanges
Last month's shock developments in world stock exchanges set the stage for a united Gulf bourse.




Dubai set for first credit rating
Dubai is likely to receive its first credit rating this year as part of plans to sell government bonds.


Indians face ruin as rupee soars against Gulf currencies
Value of Gulf currencies has slumped by 22% against the rupee over past five years.




Iran tells France energy deals too good to ignore
Oil minister says energy market too attractive to give up as France calls for more sanctions.




Saudi blocks employment for foreign doctors
Expatriate physicians in Saudi Arabia may face expulsion, following a Ministry of Health review.




Power player
Middle East media mogul Avi Bhojani talks to Arabian Business about PR problems, the region's marketing mafia, and the blight that is outdoor advertising.




Iraq: where has the money gone?
Bribes, corruption, death, and torture. Arabian Business investigates Iraq's missing billions and ask where has all the money gone?




Omantel gains $36mn from royalty cut
Telecom's profits set to soar as government cuts royalties demand to 7% of revenue.




GLOBAL MARKETS
Last Updated: 05/10/2007
DOW 14,066.01 0.66%
NASDAQ 2,780.32 1.71%
S&P 500 1,557.59 0.96%
FTSE 100 6,595.80 0.73%
DAX 8,002.18 0.72%
CAC 40 5,843.24 0.67%
NIKKEI 17,065.04 0.16%

JOIN THE DEBATE

  1. Orascom unveils Arab search engine
    Noha: www.tayait.com »
    4 Oct '07 at 14:00
  2. Are salaries still attractive in the Gulf?
    Ayman: My salary »
    4 Oct '07 at 13:00
  3. Flexible work hours plan targets traffic crisis
    langyaw: flexitime policy »
    4 Oct '07 at 11:00
  4. Millions of expats could be kicked out of Gulf
    Noel Lambert: Yours and Mine »
    4 Oct '07 at 03:00
  5. Expelling expats
    John Brian Shannon: Six year expat term limit »
    4 Oct '07 at 01:00
  6. Millions of expats could be kicked out of Gulf
    Nancy: Expats would have to leave GCC at some point. »
    3 Oct '07 at 20:00
  7. Should journalists be jailed for libel?
    RAJENDRA K. ANEJA: JOURNALISTS AND THE TRUTH!! »
    3 Oct '07 at 20:00
  8. Have Your Say
    Fay: city in 2030 »
    3 Oct '07 at 18:00
  9. Expelling expats
    Deeksha: Very objective »
    3 Oct '07 at 17:00
  10. Emirates offers Brazil tips to the trade
    Mike: Has Emirates lost its way? »
    3 Oct '07 at 16:00
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