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Sun, 21 Mar 2010 | 10:01 GMT
Sun, Mar 21, 2010, 10:01 GMT
 

  • 1.7% Increase In GCC Unemployment Rate Expected This Year


    Quoting the latest findings of the 'GCC Unemployment: Sustainable Economies' report, TalentRepublic.net has revealed that the unemployment rate in the GCC has reached 8.8 per cent in 2009 and is poised to increase to 10.5 per cent in 2010. Press Release - 21Mar 08:47GMT
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  • Depa Acquires Leading Regional Marble Company


    Depa, announced that it has wholly acquired Carrara Mid East Industrial Co.LLC, one of the region's first, and the market's leading producer and installer of high quality stone. Press Release - 21Mar 08:42GMT
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  • UAE SCA, ADCCI To Allow Margin Trading In 2010


    Abu Dhabi brokerage companies' working group, the Securities and Commodities Authority (SCA), and the Abu Dhabi Chamber of Commerce and Industry (ADCCI) have in principle agreed to start the enforcement of margin trading during the second half of the year. Emirates Business 24/7 - 21Mar 07:46GMT
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  • DRC to launch more PepsiCo products


    Dubai Refreshments Company (DRC), the sole franchisee and distributor of PepsiCo products in Dubai and the Northern Emirates, is in talks with the US firm to launch new products in the country, a senior DRC official told Emirates Business. Emirates Business 24/7 - 21Mar 07:41GMT
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  • UAE bonds rally as mood turns bullish


    Bonds issued by the Dubai Government, banks and other corporates from the UAE have been rallying during the past three to four weeks on the strength of heightening expectations that an amicable settlement between Dubai World and its creditors will be reached soon, said market sources. Emirates Business 24/7 - 21Mar 07:40GMT
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  • Mawarid Finance To List On DFM In Q2


    Mawarid Finance plans to list its shares on the Dubai Financial Market (DFM) in the second quarter of this year, a top official from the company said. Emirates Business 24/7 - 21Mar 07:39GMT
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  • Mega projects face shortage of skilled staff


    There is a shortage of trained workforce not because of the number of projects but because of the nature of the projects, says an analyst. (AP) Emirates Business 24/7 - 21Mar 07:10GMT
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  • Dubai RTA Mulls Making Health Declaration Must


    Dubai RTA is planning to make it mandatory, both professional and non-professional, to declare their health condition at the time of licence procurement and renewal. Khaleej Times - 21Mar 06:29GMT
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  • UAE to Lead Raised-floor Industry


    Floor System Company, a Sharjah-based manufacturer of raised-floor products, aims to be a world leader in the industry upon completion of a three-phased expansion plan by 2012, its Managing Director said. Arab News - 21Mar 06:29GMT
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  • BA Dubai flights hit by industrial action


    British Airways (BA) cabin crew began a three-day strike yesterday after last-ditch talks on a dispute over pay and conditions collapsed, leaving thousands of travellers facing chaos. 7Days - 21Mar 06:26GMT
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Crate & Barrel Enters Dubai
 
Gordon Segal, chairman and co-founder of Crate and Barrel, talks about his company's move to the UAE.
Dubai Eye - 21 Mar 2010

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Financial Services
Helping Local Firms
The Central Bank needs to expedite the ratification of the UAE Specialised Bank Law, which would create banking units providing funding for specific sectors, a veteran banker said.
 
 
Media
Censorship in the Gulf
While the British press was giving front page coverage to the alleged kiss that landed a British couple in court in Dubai, a new mood of conservatism was also observed in the two art fairs that are taking place in the Gulf this week.
 
 
Media
Art Attack
Fine art is in the ascendant in the Gulf. Abu Dhabi is building its Guggenheim, its Louvre and its national museum, and has launched its own art fair. Qatar is adding a museum of western orientalist art to the museum of Islamic art designed by I.M. Pei.
 
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Company Ranking
Ranked by Market Cap 
Based on yesterday's close
 | No. of Employees | Total revenue
  Company Country Market
Cap
($mil)
1 Emirates Telecommunications Corporation UAE 24,071
2 DP World UAE 7,802
3 National Bank of Abu Dhabi UAE 7,341
4 First Gulf Bank UAE 6,570
5 Emaar Properties UAE 6,092
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