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Welcome to the morning edition of ArabianBusiness.com Daily News Alert.
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Tuesday, 16 October 2007

Poor service plagues Gulf real estate firms
Poor customer service is tarnishing the brands of property developers in the Gulf, a study finds.


Dubai rent inflation to slow in 2009
Supply of residential space in Dubai is expected to outstrip demand next year, say two reports.


US demands controls on sovereign funds
The US is to propose stringent rules to control funds amid fears they could destabilise markets.


Dubai to lead world in green urban design
Commercial City will be recognised around the world for its positive environmental impact.


Laura Bush heads for Middle East tour
America's First Lady will spend five days raising awareness of eduation and healthcare initiatives.






Iran fuel imports could drop to $4bn
Figures indicate total imports will be at least $1bn less than last year, officials say.


Bharat Heavy lands $38mn UAE deal
Indian energy equipment maker bags RAK order for two gas turbine generating units.




Two journalists shot dead in Iraq
Two Iraqi journalists have been killed in separate incidents in Iraq, a press source said on Monday.




Qatar rents surge 20%
Office rents set to soar even further as firms search for cheaper alternatives to Dubai.


Nakheel unveils new map of Dubai
Unique set of images shows transformation of the Dubai landscape over past, present and future.




Etisalat profits up 14% on mobile expansion
Arab telecom reports 30% revenue increase as it continues to add mobile customers in UAE.




Dubai wants private firms to clear traffic jams
Quarter of a million accidents per year might be cleared from roads by privateers.




GLOBAL MARKETS
Last Updated: 15/10/2007
DOW 13,984.80 0.77%
NASDAQ 2,780.05 0.91%
S&P 500 1,548.71 0.84%
FTSE 100 6,644.50 1.28%
DAX 7,969.47 0.89%
CAC 40 5,807.44 0.62%
NIKKEI 17,358.15 0.16%

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