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Dubai index hits seven-week high on ‘rumours’ of debt restructuring (Gulf Times)

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Dubai’s index hit a seven-week high yesterday as buyers bet Dubai World’s imminent debt restructuring will be kinder to creditors than previously thought. (read more here…) Related items Dubai World deal hope lifts markets, divides creditors (The Economic Times) Banks dodge write-off in Dubai debt saga (Gulf Times) Dubai World outlines debt plan to leading creditors (AFP via Yahoo!...
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Tight Lending Delaying Economic Rebound

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Dubai: Tighter lending by Gulf banks is delaying an econ-omic rebound in the region and hurting the non-oil sector, an official at the International Monetary Fund (IMF) said yesterday. "There's … (read on…) Related items Opec Likely To Face Iraq Test Sooner Than Expected (AFX UK Focus) 2010-03-04 05:53 UPDATE 1-UAE deflation eases to 0.3 pct y/y...
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Opec Likely To Face Iraq Test Sooner Than Expected

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Dubai/London: The storm brewing on the Organisation of Petroleum Exporting Countries' (Opec) horizon over future Iraqi oil output could engulf the producer group sooner than it would like. "Ther… (read on…) Related items Tight Lending Delaying Economic Rebound (AFX UK Focus) 2010-03-04 05:53 UPDATE 1-UAE deflation eases to 0.3 pct y/y in Jan (Interactive Investor) (AFX UK Focus)...
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Abu Dhabi deal with Raine deepens Hollywood ties (AP via Yahoo! News)

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An Abu Dhabi state investment fund said Thursday it is buying a piece of a young investment house focused on sports and show business, upping the Gulf city state’s bet on the entertainment industry. (read the story…) Related items DSI to Spend Dh500m on Acquisitions (Zawya) Business : DSI to Spend Dh500m on Acquisitions (Khaleej Times) (AFX UK Focus)...
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Dubai accuses Israel of ‘vast falsification’ of passports (Gulf Times)

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Agencies/Dubai Dubai’s police chief yesterday accused Israel of “vast falsification” of travel documents, noting that dozens of false passports were uncovered following a Hamas leader’s murder in the emirate. (get the story…) Related items Dubai accuses Israel of ‘vast falsification’ of passports (AFP via Yahoo! News) Dubai police: Israel involved in vast falsification of travel documents (Al Bawaba) Dubai:...
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Value Engineered Solutions Targeting Infrastructure and Low Income Housing Projects Steer the GCC Construction … (Zawya)

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Dubai, U.A.E., March 10th, 2010 – The Gulf Cooperative Countries (GCC) market for construction chemicals has seen rapid development between 2003 and 2008, mainly due to the underlying construction boom in the region. (read more…) Related items Uncertainty takes its toll – SHUAA GCC Investor Confidence Index slips 7.8% to 105.6 in February (Zawya) Empower urges GCC authorities...
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Shangri la Villingili Resort & Spa, Maldives appoints GulfReps as ME PR Representative (Zawya)

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Shangri-La Villingili Resort and Spa, Maldives has officially appointed Dubai-based, Gulf Reps Ltd as its media and PR representative in the Middle East. Based in the heart of Dubai, Gulf Reps Ltd will coordinate and organise all public relations activities on behalf the resort in order to increase its awareness throughout the GCC. (read more…) Related...
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Dubai’s bourse alters tick system for stocks ‘to boost trade’ (Gulf Times)

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Dubai Financial Market, the Arab world’s only listed exchange, said yesterday it will change the way it lists stocks, in a move analysts said would boost trading. (read more here…) Related items Business : Dubai bourse revises new tick system for stocks (Khaleej Times) ITC plans to enter UAE food market (The Hindu) Markets follow Wall Street (MalaysiaNews.net) Dubai to...
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Women’s rights in Saudi lag way behind other Gulf nations (AFP via Yahoo! Canada News)

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DUBAI (AFP) – Two years after Wajiha al-Huwaidar defied a Saudi ban on women driving by posting a video on the Internet showing her cruising in a remote area, she still dreams of getting behind the wheel like her other Gulf sisters. (get the story…) Related items Dubai accuses Israel of ‘vast falsification’ of passports (Gulf Times) NewspaperDirect...
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NewspaperDirect Partners with Atlas Media Communications for Newspaper Print-on-Demand in the UAE and GCC (PRWeb)

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NewspaperDirect’s 1,400+ national and international publishers can now offer full-content, same-day newspapers in their original format to their customers throughout the Arab states of the Persian Gulf. (PRWeb Mar 7, 2010) Read the full story at http://www.prweb.com/releases/2010/03/prweb3643214.htm (get the story…) People who looked at this item also looked at… NewspaperDirect Partners with Atlas Media Communications for Newspaper...
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Aldar, Etisalat, Gulf Finance House, Taqa: Gulf Equity Preview (Bloomberg)

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March 7 (Bloomberg) — The following stocks may rise or fall in Persian Gulf markets. Stock symbols are in parentheses and prices are from the last close. (read more here…) Related items Deyaar Development, Etisalat, Gulf Bank: Gulf Equity Preview (Bloomberg) U.A.E. Banks Can Absorb Dubai World Shocks, Al Khoori Says (Bloomberg) Abu Dhabi Shares Rise to November High,...
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