ArabianBusiness.com - Middle East Business News Friday, 22 August 2008 | Edition: International | Set Preferences
Four Sama Dubai execs arrested - report

Four Sama Dubai execs arrested - report

Real Estate
Execs, including Lagoons CEO Abdulsalam Almarri, detained on allegations of bribery and mistrust.

Death toll in Pakistan bombing hits 57
Politics & Economics
UPDATE 1: 70 others wounded as two bombers blow  up outside defence complex.

Iran compared to Israel over island occupation
Politics & Economics
GCC secretary-general slams occupation of UAE islands in Strait of Hormuz.

$680k movie on expat life in Dubai planned
Media & Marketing
Film chronicling lives of foreigners living in the city set to hit theatres by end of this year.


more »MIDDLE EAST BUSINESS COMMENT

The queue for faster profits
A push among retailers to promote the convenience channel has created blueprints for an explosion of new openings.

Lynne Nolan  

Nuclear family
In the Gulf the UAE has been getting the ball rolling, and looks the most likely to be first to commission a nuclear power station.

Stuart Matthews

more » MIDDLE EAST MARKETS DATA

DFM

Last Price:

4,891.15

-65.08-1.31%

21 Aug 2008 09:59 GMT
(Market Closed)

ADX

Last Price:

4,455.43

-91.74-2.02%

21 Aug 2008 09:59 GMT
(Market Closed)

SSE

Last Price:

8,463.71

+44.75+0.53%

20 Aug 2008 12:30 GMT
(Market Closed)

CURRENCY CONVERTOR

more »OTHER MIDDLE EAST BUSINESS NEWS STORIES

more »MIDDLE EAST BUSINESS EVENTS

UPCOMING EVENTS

  1. IFRS & US GAAP Courses in Dubai
    27 April 2008 | Dubai, United Arab Emirates
  2. Dubai Summer Surprises 2008
    19 June 2008 | Dubai, United Arab Emirates
  3. Developing Excellence in People Leadership
    10 August 2008 | Dubai, United Arab Emirates
See all events »

SPOT POLL

Do the Gulf states need to diversify more to secure their economies in the future?

No, the region is the envy of the world with recession hitting places like the US and UK.
Not yet, the oil and gas revenues will keep countries going for many years to come.
It's not urgent but, yes, more efforts need to be made to find new revenue streams.
Definitely, the region is sitting on a ticking timebomb regarding its reliance on oil.

BUSINESS FEATURES

City of Silk

Arabian Business examines the $132bn mega-development set to transform the future of Kuwait.

Desert dreams

Spurred by oil and a buoyant banking sector, Kuwait's economy is expanding at a terrific pace.

Bursting with confidence

Talk of the construction bubble bursting is never far, but Dubai has confounded doom-mongers.

ArabianBusiness.com/Jobs - Middle East Jobs Search
  1. Procurement Manager
    Industry: Retail
    Location: Dubai, UAE
  2. Deputy General Manager
    Industry: Construction
    Location: UAE, UAE
Browse all jobs »

BUSINESS INTERVIEWS

The American dream

Sheeraz Hasan, friend to the stars and founder of Hollywood.TV explains why he is launching Dubai.TV.

Construction boom to ease

Blair Hagkull, of Jones Lang LaSalle, MENA, on what lies ahead for the Middle East construction market.

Power player

TAQA CEO Peter Barker-Homek on how the company is set to splash out $5bn before the end of the year.

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