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

EDITOR'S CHOICE

  1. 48 killed in UN-run school inside Gaza »
  2. Dow threatens legal action over Kuwaiti deal »
  3. Meydan confident of hitting 2010 World Cup deadline »
  4. Moody's cuts outlook on Bahrain sovereign rating »
  5. Construction chief predicts many firms will go bust »

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

Banking & Finance

  1. SHUAA Capital confirms exit from KSE
  2. Abu Dhabi bank chief quits for investment role

Construction & Industry

  1. $32mn contract deal for first Economic City school
  2. Qatar's Energy City plan 'not affected' by global crisis

Culture & Society

  1. UAE pledges to step up human trafficking fight
  2. Female suicide bomber kills 35 in Baghdad

Education

  1. $32mn contract deal for first Economic City school
  2. First Gulf signs $323mn Sorbonne campus loan

Energy

  1. Bahrain's budget to look at oil price of $40 and $45
  2. Qatar's Energy City plan 'not affected' by global crisis

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. Abu Dhabi predicts 7% annual growth to 2015
  2. UAE pledges to step up human trafficking fight

Real Estate

  1. Ajman establishes new real estate regulator
  2. Tanmiyat pledge to protect all staff from axe

Retail

  1. Hundreds of firms vie for Metro retail space
  2. Saudi plan to expose retailers' mark-up rates

Sport

  1. Sheikh Mansour tops new football rich list
  2. Becks makes debut as AC Milan lift Emirates trophy

Technology

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

Transportation

  1. Hundreds of firms vie for Metro retail space
  2. FlyDubai launch date 'not affected' by delivery delays

Travel & Hospitality

  1. Bahrain hotels accept losses after New Year party ban
  2. Airport approval set to cut Abu Dhabi fog delays

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. Abu Dhabi predicts 7% annual growth to 2015
  2. Dubai hotels survive New Year celebrations ban
  3. Bahrain's budget to look at oil price of $40 and $45
  4. Recession in UAE cannot be ruled out - analysts
  5. Dubai market ends higher thanks to real estate
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. Quality Officer
    Industry: Construction
    Location: Abu Dhabi, UAE
  2. Development Manager – Hotel and High Rise
    Industry: Construction
    Location: Doha, Qatar
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 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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