ArabianBusiness.com - Middle East Business News
Wednesday, 07 January 2009
Hundreds of firms vie for Metro retail space

Hundreds of firms vie for Metro retail space

Retail
Deadline for bids to be part of 47 stations extended after huge interest from companies - RTA.

FlyDubai launch date 'not affected' by delivery delays
Transportation
Low-cost carrier says it is on track for planned launch in mid-2009, despite Boeing strike.

Gaza onslaught to stop for three hours a day - official
Politics & Economics
UPDATE 2: Israel will halt bombing during afternoon, says army spokesman.

Dubai Financial Market investor base grows
Financial Markets
Number of investors in the DFM up 26.5 percent in 2008 compared to 2007, statistics show.


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

more » MIDDLE EAST MARKETS DATA

DFM

Last Price:

1,771.32

+27.42+1.57%

7 Jan 2009 09:59 GMT
(Market Closed)

ADX

Last Price:

2,541.16

-14.38-0.56%

7 Jan 2009 09:59 GMT
(Market Closed)

SSE

Last Price:

5,298.38

+8.65+0.16%

7 Jan 2009 11:47 GMT
(Market Open)

CURRENCY CONVERTOR

more »OTHER 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.
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Rich List 2008
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READER COMMENTS

  1. Villa prices fall by up to 45% amid real estate slump 9
    07 Jan ' 09 at 13:15
    The consultant sums it up the best. Besides prices falling, how many are really having the confidence to buy just yet. The tables will...  More »
  2. Transport chiefs reject idea of Dubai taxi fare rise 6
    07 Jan ' 09 at 10:37
    I travel a lot. I take taxis to and from the airport all the time. I take the same route, i travel around the same time, hence same...  More »
  3. Dubai rental index awaits roll out 6
    07 Jan ' 09 at 11:59
    I'm thinking that Masd has obviously invested in a property in Dubai, which is why he wants the investors protected by such a...  More »
Read all user comments >

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