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Welcome to the morning edition of ArabianBusiness.com Daily News Alert.
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Tuesday, 11 December 2007
47

Saudi budget surplus falls to $48bn
Kingdom meets economic goals, but growth slows and budget surplus shrinks by one third.

Regional stability depends on success of Arab women
AIWF Forum: Women's role in economy deciding factor, says forum chairman Al Kaylani.

EU bails out Lebanon with $118mn
Loans and grants package to support reconstruction and help pay off country's huge public debt.

Saudi to splash $54bn on water
Kingdom plans massive expansion of water network, with $37bn earmarked for capital projects, official says.

UAE, Saudi want Baghdad embassies reopened
Arab states say they are ready to restore diplomatic representation in Iraqi capital.





$82bn Dubai holding firm in talks with JPMorgan
Investment Corporation of Dubai eyeing closer ties with US finance institution.

Bahrain proposes mortgage curbs
Central bank says it wants to limit banks' exposure to real estate market.

Qatar bank invests $2.9bn in London property
Islamic investment bank to tap city's role as global financial hub with real estate project.



Oil surges to $89
Increase comes ahead of expected rates cut after dense fog halts ships en route to Houston.



Giuliani defends Qatar ties
Former mayor of New York says security firm's work in Gulf state is lawful and 'decent'.

Deep-seated sexism marginalising Arab women
AIWF Forum: Lack of female representation due to sexism, professor says.



Qatar shows sweet tooth with Cadbury investment
Qatar Investment Authority teams with US billionaire to increase stake to 4.5%.



Last Arab telecoms monopoly falls
Britain's Vodafone beats rivals including Etisalat and Zain to win Qatar's second mobile phone licence.



Dubai showcases public transport plans
Just building more roads does not solve the problem of congestion, says RTA chairman.



GLOBAL MARKETS
Last Updated: 10/12/2007
DOW 13,727.03 0.74%
NASDAQ 2,718.95 0.47%
S&P 500 1,515.96 0.75%
FTSE 100 6,565.40 0.16%
DAX 8,033.36 0.49%
CAC 40 5,750.92 0.56%
NIKKEI 15,924.39 0.20%

JOIN THE DEBATE

  1. Private sector failing to attract Arab women
    Wajih ul Hassan: Attractions for Arab Women »
    10 Dec '07 at 16:34
  2. Timberlake to build 'dream home' in UAE
    Liquorice: Why would JT live here? »
    10 Dec '07 at 16:31
  3. Over half of workers expect 15-70% pay boost
    RAJENDRA ANEJA: The other half are polishing their CVs »
    10 Dec '07 at 15:43
  4. Private sector failing to attract Arab women
    RAJENDRA ANEJA: Women are better off working for the government »
    10 Dec '07 at 15:11
  5. Timberlake to build 'dream home' in UAE
    sam: Get your JT facts straight »
    10 Dec '07 at 11:54
  6. Over half of workers expect 15-70% pay boost
    Arun: Who is monitoring salary increases? »
    10 Dec '07 at 11:35
  7. Eid holiday announced
    JD: Eid holidays »
    10 Dec '07 at 10:57
  8. The hidden tax and the currency collapse
    Farwaniya: Peg - Kuwait »
    10 Dec '07 at 10:27
  9. Building standards slammed
    Hussain Motabagani: GCC building standards: A lot better than I expected »
    10 Dec '07 at 09:02
  10. Over half of workers expect 15-70% pay boost
    TG: So what does it mean? »
    10 Dec '07 at 08:47
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