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Wednesday, 19 March 2008
 
Dubai to launch low-cost airline
New carrier part of Emirates Group, will service destinations four and a half hours away, chairman says.
Fed cuts key interest rate by 0.75%
US Federal Reserve makes smaller than expected cut in a bid to ward off financial meltdown.
Labourers riot over pay
UPDATE 1: Workers at Sharjah labour camp turn over and set fire to vehicles, eyewitnesses say.
UAE promises commercial fraud law
Legislation will boost economic growth and raise standard of living, says FNC.
Dubai to dim lights for Earth Hour
City to plunge into darkness for one hour later this month as part of global climate change initiative.
Banking & Finance »
Card fraud gang jailed
Six-man gang goes down for three years; police arrest second gang with 1,700 fake ATM cards.
EFG in merger talks with Lebanese lender
Bank Audi says talks in early stages, but merger to create significant commercial and financial synergies.
Politics & Economics »
Dubai to invest $250mn in Mauritius
State-owned Dubai Group to invest in country's financial, real estate and tourism sectors.
Transportation »
Transport firms protest diesel price hikes
Companies demand gov't action over price increases of up to 175% in three years.
Technology »
France Telecom in mix for Egypt telecom licence
European telco joins five Arab companies eyeing second fixed-line licence.
Mobily wins approval for $400mn Bayanat buy
Saudi regulator gives green light to telecom to purchase internet service provider.
Sport »
Todt leaves Ferrari post
Frenchman steps down to become consultant just a few months after moving upstairs from sporting director role.
Gebreselassie to shun Olympic marathon
Asthmatic world record holder says pollution and humidity would make race 'suicide.'
Most Popular in the last 24 hours »
  1. Holiday to mark Prophet Mohammed's birthday
  2. UAE cuts import taxes to stabilise prices
  3. NBAD wins multi-million gambling lawsuit
  4. Shock US rate cut sparks further market turmoil
  5. Kuwait cabinet resigns en masse
 
Global Markets
DFM 5,617.63 0.64%
ADSM 4,578.24 0.51%
KSE 14,235.50 0.71%
BSE 2,782.70 0.51%
MSM 10,472.01 1.14%
DSM 10,090.07 1.16%
CASE 11,320.76 0.26%
ASE 8,427.06 1.75%
TASI 9,540.73 0.91%
PSE 607.74 2.33%
Share prices are updated with a 15-minute delay. Data is not intended for trading purposes
Latest Jobs »
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Commercial Manager, GCC
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PA – Arabic Speaking, Abu Dhabi, UAE
Principal Economist - Strategic Asset Management, Abu Dhabi, UAE
Salesman, Beirut, Lebanon
Construction Manager, Jeddah, Saudi Arabia
Senior Manager - Pre-Owned Vehicles, Riyadh, Saudi Arabia
Quantity Surveyor, Dubai, UAE
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Latest Property »
AL Fairooz Tower
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The Skyscraper
Yansoon 3
Reehan 2
Kamoon
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