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Tuesday, 25 March 2008

	UAE, Qatar to launch joint investment fund IPIC and QIA sign agreement to establish new fund as leaders meet in Doha to discuss bilateral ties.
RTA awards 10-year Metro deal Dubai Metro to generate over 3200 jobs, with up to 50% of positions filled by UAE nationals, authority says.
Gulf inflation to touch 7% Overall inflation across GCC countries will outpace earlier forecasts of 6%, IMF tells Bahrain forum.
Abu Dhabi ushers in paid parking City to introduce new system as early as May in bid to encourage more drivers to use public transport.


Construction & Industry »
	Saudi confirms Bangladeshi labour ban Kingdom will no longer hire workers from Asian country for housing and agriculture sectors.

Banking & Finance »
	Egypt hikes interest rates to tackle inflation Central bank raises key rates for second time this year, citing rising food prices.
GOIC and Fincorp team up in GCC venture GOIC and Fincorp establish company to invest in projects across the GCC.

Media & Marketing »
	UAE daily unveiled prior to launch Abu Dhabi Media Company previews English-language newspaper ahead of official April debut.

Energy »
	Hyundai takes Abu Dhabi firm to court over stake sale South Korean firm seeking injunction to stop part sale of Hyundai Oilbank.

Sport »
China's Olympic flame lit amid protests Ceremonies disrupted as demonstrators demand boycott over human rights violations in China.
No crisis at Real Madrid - Robben Dutch international denies difficulties after Spanish side loses second straight league match.

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Paid parking hits Abu Dhabi; Metro to create 3200 jobs; UAE, Qatar to launch joint investment fund