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Wednesday, November 25, 2009
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BREAKING NEWS |
Kuwaiti accused of fire case to see shrinks
EUR | GBP
1.109 , USD | EUR
0.667 , USD | GBP
0.602
Retail
Business
Consumer
No takers for fashion house Christian Lacroix
Nov 19, 2009 at 07:24
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French tribunal adjourned bankruptcy hearings of French couture house with no fresh news of buyer.
Ajman Sheikh offers to buy Christian Lacroix
Ajman sheikh's Lacroix bid faces delay
Business
Consumer
Abu Dhabi gold sales fall 30 pct
Nov 06, 2009 at 09:58
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Retailers say business slow, regular shoppers disappear as higher prices continue to keep consumers at bay.
Business
Consumer
Pure Gold to open 35 stores in Saudi, Qatar
Nov 05, 2009 at 14:32
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Six stores in Dubai to shut due to weak sales, replaced with other locations in UAE, company chairman says.
Business
Consumer
Dubai Damas Abdulla Bros to repay $165 mln
Nov 04, 2009 at 21:04
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Dubai jewelry retailer Damas International Ltd reaches deal with Abdulla brothers to repay $165 million.
Business
Consumer
Majid Al Futtaim to spend $4 bln on malls
Nov 03, 2009 at 15:22
1
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Dubai retail giant looking to double its portfolio over next five years in Middle East and North Africa -CEO.
Business
Consumer
Dubai gold jewellery sales stay sluggish
Nov 01, 2009 at 22:03
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Dubai’s gold jewellery hub sales remain subdued in October due to soaring price of yellow metal.
Business
Consumer
Dubai World retail unit seeks investors
Oct 29, 2009 at 13:44
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Retailcorp plans to open 55 stores of French retail chain Auchan through partnerships, says chief executive.
Business
Consumer
Ajman sheikh's Lacroix bid faces delay
Oct 28, 2009 at 08:19
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French tribunal adjourns hearings on bid by Hassan al- Naimi to buy bankrupt couture firm Christian Lacroix.
Business
Consumer
Damas 'unauthorised transactions' top 50
Oct 28, 2009 at 07:22
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Transactions that led CEO to quit included 50 investments in real estate, healthcare and local firms -paper.
Corruption Crackdown
Business
Consumer
Mideast luxury store openings lead world
Oct 27, 2009 at 13:38
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More luxury goods stores will open in region this year than in any other region of world, Bain & Co says.
Business
Consumer
Abdullah brothers to repay Damas transactions
Oct 25, 2009 at 20:53
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Two executives and former chief of Damas to repay nearly $165 million 'unauthorized transactions', firm says.
Corruption Crackdown
Business
Real Estate
Nakheel loaned $3 bln to Dubai World in '08
Oct 21, 2009 at 13:49
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UPDATE 1: Debt-ridden developer advanced loans to parent before extent of financial woes emerged, data shows.
Business
Consumer
UAE unveils plan to ban plastic bags by '13
Oct 21, 2009 at 08:55
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Three-step campaign aimed at increasing awareness, gradual introduction of biodegradable bags -paper.
Business
Consumer
Iranians flock to first hypermaket
Oct 20, 2009 at 07:38
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Majid al-Futtaim's first hypermarket in Tehran becomes hit attraction as thousands flock to store -paper.
Business
Consumer
Mideast scrap gold volumes set to surge
Oct 19, 2009 at 11:04
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Rise in scrap gold from India and Pak seen, consumers book profits as yellow metal hovers near all-time high.
Precious Metals
Business
Consumer
Damas hotel at centre of probe
Oct 18, 2009 at 08:14
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49-storey Angsana Hotel and Suites owned by Tawhid Abdullah who resigned as jewellery chain's CEO -paper.
Corruption Crackdown
»
ALL NEWS
Sector Stock Watch
Jarir
131.00
0.38%
SAVOLA Group
31.20
3.65%
Kuwait Food Company (americana)
1.42
1.43%
Almarai
165.75
1.07%
AlHokair
36.60
-0.27%
AlAbdullatif
42.80
0.00%
Markets
%
%
%
%
%
%
%
%
%
%
Share prices are updated with a 15-minute delay. Data is not intended for trading purposes.
LATEST:
Markets
Saudi
6,303.81
0.20%
Amman
2,591.39
0.09%
Muscat
6,391.13
-0.04%
Dubai
2,086.68
0.76%
Abu Dhabi
2,899.35
0.19%
Kuwait
6,935.00
0.96%
Doha
7,150.52
-1.46%
Bahrain
1,449.05
0.11%
Palestine
498.01
-0.28%
Egypt
6,316.61
0.59%
Share prices are updated with a 15-minute delay. Data is not intended for trading purposes.
LATEST:
Dubai leads losses in pre-Eid trading in Gulf
Most Popular
RATED
PHOTOS
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EMAILED
Gulf Air to cut staff, may sell planes
5
UK builders chase $331 mln unpaid Dubai bills
5
Saudia, Gulf Air involved in midair scare
5
Dubai in image makeover with exec shake-up
5
Builders look abroad amid Dubai slump
5
GALLERY: Sneak peek inside A380
Inside Dubai’s fishy business
UK builders chase $331 mln unpaid Dubai bills
Saudia, Gulf Air involved in midair scare
Dubai in image makeover with exec shake-up
GCC can price oil in new currency -economist
Gulf Air to cut staff, may sell planes
UK builders chase $331 mln unpaid Dubai bills
GCC can price oil in new currency -economist
Qatar wants most of $23 bln rail built by '22
Iran dumps dollar for euro, gains $5 bln
Mideast surpluses to hit $1 tln in 5 yrs -IMF
Essential Reading
Business
Banking & Investment
Aabar Investments inks $1.62 bln loan deal
Nov 25, 2009 at 07:44
Abu Dhabi's investment firm enters six-month club loan deal with lenders, to use money for corporate purpose.
Mideast hotel revenue, occupancy falls in Oct
Qatar 2010 growth seen at 25 pct
UAE ranked world's top investor in Iraq
Mideast private jet mkt soars 11 pct in '09
UAE inflation 1.9 pct in first 10 mths
Discussion Forum
LATEST
7 DAYS
1 MONTH
UK builders chase $331 mln unpaid Dubai bills
11/24/2009 7:10:16 PM
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What about the Irish investors that have bought off plan as far back as 2006? We have over half our units paid for and work has not even started yet and they will not tell us if it is ever...
MORE
Dubai in image makeover with exec shake-up
11/24/2009 7:09:09 PM
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It is about time that Sheikh Mohammed got rid of the egomaniacs that ran these companies. Having worked for Emaar, I can attest to the incompetence, inexperience, cronyism, nepotism and...
MORE
Saudi Telecom in spat over free call offer
11/24/2009 12:45:53 PM
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Saudi Regulator this is wrong move. I appreciate the Offer Saud Telecom Offer to its customers.this all available in Europe, only in Middle East countries where offers are banned. They...
MORE
UAE economy 'humming again', prospects bright
11/20/2009 2:14:00 PM
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Very True, these Arabs must come out of their air filled illusions like Dubai's economy, and realize the fact that Dubai still has not touched the bottom, nor UAE ever had a stable econmy it...
MORE
Emirates NBD replaces board member Al Futtaim
11/22/2009 5:51:23 PM
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High time boards in the region took action against lazy and irresponsible directors who collect board seats like trophies for the inside information they can glean from the position. Many...
MORE
Saudi Telecom in spat over free call offer
11/24/2009 4:20:29 AM
2
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Saudi Regulator this is wrong move. I appreciate the Offer Saud Telecom Offer to its customers.this all available in Europe, only in Middle East countries where offers are banned. They...
MORE
Passport confiscation rampant in UAE
Nov 03, 2009 at 01:17
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Mr. Observer, Unfortunately, your hopes that the govt looking into this issue is like hoping for snow to fall in Dubai in July. It just would not happen simply because the people that...
MORE
Dubai's ruler tells doubters to 'shut up'
Nov 09, 2009 at 12:26
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Right on the dot Stephen... Only the buildings are modern but everything underlying it is primitive... Plus all the perpetual spin about things being gung ho while lives are...
MORE
Saudi king waives lashes for female journo
Oct 26, 2009 at 16:42
11
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There certainly should be limitations to freedom of speech. But why are we attacking the US like it's such an imperfect place and everyone who lives there are idiots? I know a lot of...
MORE
»
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Events Calendar
Latest Events
Business
Consumer
Sportex & Gulf Stadia Middle East Exhibition
12/6/2009 | UAE, Dubai
Business
Consumer
Middle East Natural Organic Products Expo
12/6/2009 | UAE, Dubai
Business
Consumer
Dubai Drink Technology Expo
12/6/2009 | UAE, Dubai
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