ArabianBusiness.com - Middle East Business News
Wednesday, 07 January 2009
33 killed in UN-run school inside Gaza

33 killed in UN-run school inside Gaza

Politics & Economics
Women and children seeking shelter in the UN-protected among the dead.

Dow threatens legal action over Kuwaiti deal
Construction & Industry
PIC's eleventh hour decision to break off a contract with Dow may result in legal action. 

Research finds diabetes slows the brain
Healthcare
Population of diabetic Gulf Arabs could be suffering slowing speed of thought.

Arab wins $240,000 for US airline insult
Transportation
Iraq-born Raed Jarrar compensated after being asked to cover up Arabic text on a T-shirt prior to JetBlue flight.

more »MIDDLE EAST BUSINESS COMMENT

Nobody is more hopeless with money than the rich
The credit crunch has shown how hopeless the wealthy are at managing money.

 Matthew Lynn  

A dog is worth more than a Palestinian child
Does the title shock you? It should, says Mishal Kanoo, who despairs at the plight of Palestinians.

 Mishal Kanoo

EDITOR'S CHOICE

  1. Villa prices fall by up to 45% amid real estate slump »
  2. UAE 'likely to see budget deficit in 2009' »
  3. Saudi economic cities unaffected by falling oil, says CEO »
  4. Free healing for job losers  »
  5. Internet services fully restored in Qatar - Qtel »

more » MIDDLE EAST MARKETS DATA

DFM

Last Price:

1,743.90

-19.30-1.09%

6 Jan 2009 09:59 GMT
(Market Closed)

ADX

Last Price:

2,555.54

+29.87+1.18%

6 Jan 2009 09:57 GMT
(Market Closed)

SSE

Last Price:

5,289.73

+109.38+2.11%

6 Jan 2009 12:30 GMT
(Market Closed)

CURRENCY CONVERTOR

more »OTHER MIDDLE EAST BUSINESS NEWS STORIES

Banking & Finance

  1. Abu Dhabi bank chief resigns
  2. Arab banks set to see 2009 profits fall by up to 40%

Construction & Industry

  1. Dow threatens legal action over Kuwaiti deal
  2. Meydan confident of hitting 2010 World Cup deadline

Culture & Society

  1. Female suicide bomber kills 35 in Baghdad
  2. Expats receive leeway over ID card deadline

Education

  1. First Gulf signs $323mn Sorbonne campus loan
  2. New university students to face Arabic test

Energy

  1. Oil price rises above $50 to one-month high
  2. New Bahrain energy services firm to create 250 jobs

Healthcare

  1. Research finds diabetes slows the brain
  2. UAE healthcare sector bucks economic trend

Islamic Finance

  1. Noor Investment's global expansion plans 'on hold'
  2. Saudi Hollandi completes $207mn sukuk sale

Media & Marketing

  1. GCC's Apprentice show set for TV debut
  2. First Emirati feature film set to start production

Personal Finance

  1. Recession drives German billionaire to suicide
  2. Consumer pain as banks tighten lending rules

Politics & Economics

  1. 33 killed in UN-run school inside Gaza
  2. Moody's cuts outlook on Bahrain sovereign rating

Real Estate

  1. Sweet Homes awards three-tower contract
  2. Dubai rental index awaits roll out

Retail

  1. Fashion retailer plans GCC expansion in 2009
  2. Abu Dhabi gold jewellery sales fall 40% in Dec

Sport

  1. Meydan confident of hitting 2010 World Cup deadline
  2. Beckham set for AC Milan debut in Dubai

Technology

  1. Shrinking Apple CEO reveals illness details
  2. Internet services fully restored in Qatar - Qtel

Transportation

  1. Arab wins $240,000 for US airline insult
  2. Transport chiefs reject idea of Dubai taxi fare rise

Travel & Hospitality

  1. Airport approval set to cut Abu Dhabi fog delays
  2. Dubai hotels slash rates by up to 40%

more »MIDDLE EAST BUSINESS EVENTS

UPCOMING EVENTS

  1. Machinery Failure, Vibration & Predictive Maintenance: Use Vibration Analysis & Other Predictive Maintenance & Effective Failure Analysis Techniques to Increase Bottom Line Profits
    28 December 2008 | Dubai, United Arab Emirates
  2. Practical Pump & Valve Technology
    28 December 2008 | Dubai, United Arab Emirates
  3. Advanced Value Engineering Methods And Step-by-Step Implementation
    4 January 2009 | Dubai, United Arab Emirates
See all events »

MORE TOP MIDDLE EAST BUSINESS STORIES

  1. Meydan confident of hitting 2010 World Cup deadline
  2. Sweet Homes awards three-tower contract
  3. Transport chiefs reject idea of Dubai taxi fare rise
  4. Oil price rises above $50 to one-month high
  5. UAE healthcare sector bucks economic trend
All Middle East business news stories »

SPOT POLL

What effect do you think Dubai's in-coming rental index will have on the spiralling cost of rents?

No effect as the regulatory agency has no powers to enforce the index.
Will stop one-off extortionate rent hikes, but will have little impact on overall rises.
Will improve the overall situation as tenants will have more power to challenge unfair hikes.
Will solve all problems with rents.
ArabianBusiness.com/Jobs - Middle East Jobs Search
  1. Construction Project Manager
    Industry: Construction
    Location: Qatar, Qatar
  2. Architect - LEED AP
    Industry: Construction
    Location: Dubai, UAE
Browse all jobs »

CURRENT TENDERS

  1. Supply chemicals to KNPC refineries
    Kuwait
    Closes on: 08 January 2009
  2. Supply and install network switches and modules in KNPC
    Kuwait
    Closes on: 08 January 2009
  3. Construct and maintain four new petrol filling stations
    Kuwait
    Closes on: 08 January 2009
  4. Supply books and medical journals
    Jordan
    Closes on: 08 January 2009
  5. Supply dispensers
    Lebanon
    Closes on: 08 January 2009
More Tenders »


Rich List 2008

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READER COMMENTS

  1. Villa prices fall by up to 45% amid real estate slump 10
    06 Jan ' 09 at 18:18
    To the guy that did not attend geography and economics class..You can keep staring at the globe and turning it around, but to figure...  More »
  2. At least 420 dead as Gaza blitz enters seventh day 7
    06 Jan ' 09 at 16:35
    MJ, You seem to be using a very strange logic - you start your rant off by stating that it was the Balfour declaration that was the...  More »
  3. Dubai set to triple bus service amid Metro fears 4
    06 Jan ' 09 at 14:32
    Well, opinions differ dear "Metro I will use," not all think alike but all that matters is how well you understand the problems at...  More »
Read all user comments >

BUSINESS FEATURES

Zero energy brighter future

A German architectural firm is to build the world's first tower with a zero carbon footprint in Bahrain.

Reasons to be cheerful

Arabian Business examines why the Mideast should be well on the path to recovery by end of 2009.

Qatar steps on the gas

The small Gulf state is hoping that its natural gas reserves will cushion it from the worst of the fallout.

BUSINESS INTERVIEWS

Leave only footprints

The UAE environment and water minister on how to reduce the country's ecological footprint.

Speed racer

The chairman of Aston Martin tells Arabian Business why the future is global for Britain's most iconic car.

The business of war

RA International's founder on how a UN secondment developed into an international enterprise.

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