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Welcome to the morning edition of ArabianBusiness.com Daily News Alert.
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Wednesday, 19 December 2007
39

Bush plans Middle East trip
US President to visit Israel, West Bank and Gulf states in bid to advance peace process.

Brit expats to gain as pound heads for fall
British expats in countries where the currency is tied to a dollar peg face a brighter 2008 as sterling heads for a "perfect storm".

Kuwait reveals $51bn five year energy plan
'Aggressive' programme to increase production capacity to 4mn bpd by 2020.

Sovereign funds can play constructive role
SNB's Hildebrand says funds need clear rules to avoid protectionist responses.

Bodies wash up on Yemen shore
200 Africans dead or missing after two boats carrying would-be immigrants sink off Yemen's coast.






Strike supports oil at steady $90
Worker's strike at five French oil refineries pushes up price amid concerns of fuel shortages.



US, UK to host Mid East investment conference
Bethlehem conference aimed at drumming up funds for the struggling Palestinian economy.

Spain to invest $17bn in Libya
Spanish firms could make major investments in country following charm offensive by Libyan leader.

Hijab views spark fatwa for Egyptian tycoon
Muslims urged to boycott companies of one of world's 100 richest men after comments on veil.



du celebrates festive season with reduced rates
Cheap calls and SMS for du subscribers during Eid, Christmas and New Year holidays.



GLOBAL MARKETS
Last Updated: 18/12/2007
DOW 13,232.47 0.50%
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FTSE 100 6,279.30 0.02%
DAX 7,850.74 0.32%
CAC 40 5,509.37 0.10%
NIKKEI 15,207.86 0.27%

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