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BREAKING NEWS | Kuwaiti accused of fire case to see shrinks
EUR | GBP Up 1.109 ,  USD | EUR Down 0.667 ,  USD | GBP Down 0.602
EFG raising $600 mln for infrastructure fund
Nov 23, 2009 at 11:59
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Egyptian investment bank will invest primarily in Egypt and start operating in first quarter of '10 -CEO.
  Private Equity World MENA
UAE spells out reservations on currency union
Nov 23, 2009 at 11:22
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Cbank governor says Arab state left plan for 'fundamental' reasons, union has no system for unit of account.
  Gulf Monetary Union
Abu Dhabi's NMDC wins $408 mln canal contract
Nov 23, 2009 at 09:49
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National Marine Dredging Co says 63.5 km canal in UAE's capital scheduled to be completed by end of June 2010.
Brazil lift Beach Soccer World Cup
Nov 23, 2009 at 09:38
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Perennial favourites comfortably beat Switzerland 10-5 in the final at Dubai’s Jumeirah Beach -paper.
  FIFA Beach Soccer World Cup
GCC can price oil in new currency -economist
Nov 23, 2009 at 09:20
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Shaikh says move to replace dollar in oil pricing will put Gulf economies amongst world's most important.
Rasmala in talks to deploy $120 mln capital
Nov 23, 2009 at 09:13
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Dubai-based investment bank in talks with five firms, hopes to complete two before year ends, CEO says.
  Private Equity World MENA
Woman, 71, Qatar's eighth swine flu victim
Nov 23, 2009 at 08:29
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Jordanian woman, suffering from cancer, dies shortly after being admitted to hospital over weekend -paper.
  Swine Flu
Sembcorp to develop $1 bln Oman power plant
Nov 23, 2009 at 08:22
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S'pore firm, Oman Investment ink JV to build, own, operate water and power plant, to start operations by 2012.
Emirates NBD faces $350 mln Saudi exposure
Nov 23, 2009 at 08:03
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CEO of Gulf region's biggest lender says Q4 results will not be affected by exposure to Saudi conglomerates.
Dubai road deaths fall, first time in 8 yrs
Nov 23, 2009 at 07:45
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Fatalities drop by 12 pct to 157 after speed limits lowered on several of emirate's dangerous roads -paper.
  Road Accidents
Over 1,500 abandoned cars impounded in Jeddah
Nov 23, 2009 at 07:04
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Municipal officials say 1,536 vehicles out of 3,155 suspected of being abandoned cleared from streets -paper.
Yemen denies Al Qaeda holds hostage
Nov 23, 2009 at 07:03
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Governor of Yemen's Sanaa province denies tribal claims militant outfit seized Japanese hostage.
  Yemen Terrorism Focus
Eatery owners face jail in food safety drive
Nov 23, 2009 at 06:47
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Abu Dhabi food standards regulator to toughen up punishments to clamp down on unhygienic outlets -paper.
Saudi prince warns against disruptions to Haj
Nov 23, 2009 at 00:19
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Saudi Arabia's interior minister says kingdom hopes not to 'resort to force' to maintain security.
  Haj
Tayer to embody Dubai's new-found caution
Nov 22, 2009 at 21:23
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By naming Ahmed Humaid al-Tayer as new head of Dubai International Financial Centre, Dubai shows new face.
Kuwait port to help revive Iran trade
Nov 22, 2009 at 20:58
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Kuwait to earmark special port for Iranian imports in bid to revive trade between two major Gulf oil giants.
Emirates NBD replaces board member Al Futtaim
Nov 22, 2009 at 20:51
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Emirates NBD, biggest lender in United Arab Emirates, replaces one of its directors, bank says.
UAE stocks slip as global mkts tank
Nov 22, 2009 at 20:44
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UAE bourses suffer largest declines since early November as most other Middle East markets also retreat.
  Mideast Stock Markets
French town auctions abandoned Emirati horses
Nov 22, 2009 at 16:04
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Astaffort town prepares to sell off 5 Arabian horses that ran wild after landowner disappeared, mayor says.
  Most Curious | Horse Racing
Qatar wants most of $23 bln rail built by '22
Nov 22, 2009 at 15:51
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Construction to run until 2026 on rail project, which includes freight, passenger trains, metro -officials.

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Essential Reading
Builders look abroad amid Dubai slump
Nov 24, 2009 at 20:53
WRAPUP: Real estate market collapse and payment problems leave contractors jaded and looking further afield.
Discussion Forum
  •  LATEST
  •  7 DAYS
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Arroyo's ally top suspect in massacre
11/25/2009 5:06:52 AM
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I guess you need to verify this claim, both of them are Arroyo's ally! Toto Mangudadatu is the owner of La Furtera Banana that we are eating here in the Gulf and he is a big contender of... MORE
Iran couples arrested for partner swapping
11/25/2009 4:33:46 AM
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I agree with Mr. Bin Salsal, it is allowed to have a Mu'tah (temporary marriage) that can last for a few hours, days or months in the Islamic Republic of Iran, so such illicit sexual... MORE
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
» ALL COMMENTS
Opinion & Analysis
Lights, cameras - but where's the action?
Nov 23, 2009 at 21:42
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There’s no point having Hollywood-style facilities without financial incentives in place argues Ben Flanagan.
When TV means ‘total vanity’
Nov 16, 2009 at 10:07
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It’s time rich Mideast investors stop viewing TV channels as mere trophies, argues Ben Flanagan.
Egypt, the land of the rising son?
Nov 15, 2009 at 07:37
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Will Egypt maintain democracy, or passively accept 'presidential inheritance' asks Sultan Sooud al-Qassemi...
» ALL OPINION & ANALYSIS
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