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Welcome to the morning edition of ArabianBusiness.com Daily News Alert.
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Tuesday, 11 March 2008

UAE task force to review dollar peg
Central bank sets up currency committee to report on possible depegging or revaluation of dirham.


DIC denies Liverpool deal sealed
Dubai International Capital does confirm it is in 'advanced discussions' with US co-owners.


Camera that can see through clothes hits Dubai
Dubai Mercantile Exchange among first to buy T5000 x-ray camera.


Fast food price hikes hard to swallow
UAE customers are being put off their food as some chains increase their prices by up to 30%.






Al Masaood to manage UAE boatyards
Gov't facilities will open to owners of leisure boats to meet 'ten-fold' future demand.




Pan-Arab news rivals say BBC no threat
Broadcasters say new Arabic channel will spur their own coverage and offer choice to region's viewers.




Lebanon presidential vote delayed again
Vote been postponed amid continued deadlock between rival political leaders, speaker's office says.


Cheney plans Middle East tour
US vice president to visit Oman, Saudi, Israel, West Bank and Turkey amid rising regional tensions.




Port Saeed set for $7mn makeover
Car park in Dubai business district to be turned over to residents for leisure and entertainment.




Olympics will be safe from terror, say organisers
Beijing plays down security concerns after authorities foil two terrorist plots.


Ronaldo fears English football's bullies
Portuguese winger says poor refereeing standards have left him scared to play his natural game.




GLOBAL MARKETS
Last Updated: 10/03/2008
DOW 11,740.15 1.29%
NASDAQ 2,169.34 1.95%
S&P 500 1,273.37 1.55%
FTSE 100 5,629.10 1.24%
DAX 6,448.08 1.01%
CAC 40 4,566.99 1.13%
NIKKEI 12,532.13 1.96%

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