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Gold jewellery demand in UAE increased by 18% The World Gold Council’s regional office in Dubai announced that the second quarter of 2007 witnessed an increase in gold sales in the UAE



The Copper Market in July The copper market in July established new highs and created stable corrective movements afterwards. At the beginning of the month, the market broke June’s high at 7,773, dynamically moving upwards. The next couple of weeks in July brought depreciation of copper, which seemed to be a corrective movement. July’s high reached 8,280. A little bit lower than the April 2007 high at 8,363. Due to this fact, the mentioned correction should have not been a surprise, since it is a form of stabilization be



UAE Construction distributor gives Japanese manufacturer major sales boost A partnership with UAE based construction equipment distributor Ahmed Ramadhan Juma Est. (ARJ) has helped Japanese light construction equipment manufacturer Mikasa Sangyo Co Ltd



Sabic announces SAR 20.2 Billion net profit The Saudi Basic Industries Corporation (SABIC) has reported a net profit of SAR 20.2 billion for the first nine months of 2007, an increase of 42 percent, compared to the SAR 14.2 billion net profit in the same period last year.



Dubai gold trade increases 55 per cent in third quarter to US$5.23 billion Dubai Multi Commodities Centre (DMCC) announced today that gold trade through Dubai reached US$5.23 billion in the third quarter of 2007, an increase of 55 per cent from US$3.37 billion during the same period in 2006.



ADNH net profit surges 63% to AED 327m in first 9 months of 2007 Abu Dhabi National Hotels (ADNH), the leading diversified hotel, tourism, transport and catering group based in the UAE, today announced a record profit



SHUAA Capital increases revenues by 62% to AED 277.2 million during the first half of its financial year SHUAA Capital (ticker symbol: SHUU.DU) today reported its half year results ending on 30 September 2007.



21% increase in UAE Gold sales in the third quarter of 2007 as sales figure reach Dirham 2.5 billion The World Gold Council’s regional office in Dubai announced that the retail gold sales increased by 21% in the third quarter of 2007 compared to the same period of 2006.



Sabic affiliate Ibn Rushd increases capital to SAR 8.51 billion At an extraordinary general meeting held yesterday (December 1, 2007), at IBN RUSHD headquarters in Yanbu industrial city, the SABIC affiliate, the Arabian Industrial Fibers Company



Kingston Technology sales exceed US$1 billion mark in EMEA Kingston Technology, the independent world leader in memory products, today announced it has reached a record-breaking US$1 billion in sales for 2007 in the Europe, Middle East and Africa region.



HYATT HOTELS WILL DRAMATICALLY INCREASE NUMBER OF GLOBAL PROPERTIES IN NEXT FIVE YEARS Development and Human Resources are Key Challenges for Future, Say Executives



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