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Sun, 08 Nov 2009 | 21:59 GMT
 
Top Economy & Politics News

  • Half Of MENA Employers Likely To Hire In Next 3 Months


    More than half of the region's employers, 52%, are planning to recruit over the next few months, as the region picks up following the global economic downturn- 26% definitely hiring and 26% probably hiring, according to the new Jobs Index study conducted by Bayt.com, in conjunction with YouGov Siraj. Press Release - 08Nov 09:35GMT
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  • Qatari Businessmen Expect More Reforms


    Some 75 percent of business leaders in Qatar expect to see more restructuring cases in their sectors in 2010, according to a survey conducted by MEED. The Peninsula - 08Nov 06:44GMT
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  • Jordan, Turkey to sign free trade deal before year end


    Jordan and Turkey agreed on Saturday to sign a stalled Free Trade Agreement (FTA) before the end of the year. Jordan Times - 08Nov 06:35GMT
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  • Stress in credit, money markets has abated: CBO


    The oil and gas sector continues to play a predominant role in the overall economic performance of Oman accounting for over 50 per cent of nominal gross domestic product (GDP), almost 80 per cent of net fiscal revenue and around 75 per cent of export earnings, Central Bank of Oman (CBO) Chief Executive Officer Hamoud bin Sangour Al Zadjali said. Times of Oman - 08Nov 06:33GMT
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  • Iran, Cuba reinforce economic ties


    Iran and Cuba inked a memorandum of understanding at the end of their 14th Joint Economic Commission in Havana on Friday to expand bilateral economic cooperation. Tehran Times - 08Nov 06:12GMT
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  • Iran, Iraq ink $200m trade pacts


    Iran and Iraq signed $200 million worth of contracts during the Iraqi delegation's visit to Tehran, the head of Tehran Province Commercial Organization said. Tehran Times - 08Nov 06:09GMT
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  • UAE remains a prime destination for FDI


    The UAE has attracted more than $51 billion (Dh187bn) in foreign direct investment (FDI) in four years to maintain its position as the second largest FDI destination in the Arab region, according to official data. Emirates Business 24/7 - 08Nov 05:59GMT
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  • Economic challenge is also an opportunity: Saud


    The UAE continues to be the land of opportunity despite the crisis, according to Sheikh Saud bin Saqr Al Qasimi, Crown Prince and Deputy Ruler of Ras Al Khaimah. Emirates Business 24/7 - 08Nov 05:43GMT
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  • Economic Zones World to set up excellence centre


    Economic Zones World (EZW), a global provider of sustainable industrial and logistics infrastructure solutions, is setting up a centre of excellence for integrated water management in Dubai. Emirates Business 24/7 - 08Nov 05:39GMT
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  • IMF Says Stimulus Needed To Aid 'Nascent' Recovery


    The International Monetary Fund on Saturday said emergency stimulus measures needed to remain to avoid endangering a "nascent" financial recovery, as the G20 agreed here to maintain support. AFP - 08Nov 04:53GMT
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Radio     

Major Banks' View on Global Economy
 
Samrat Navele from the trading floor of Emirates NBD, talks about the expansion of the UK's quantitive easing programme, US jobless data, and the decision by the FOMC not to change interest rates.
Dubai Eye - 08 Nov 2009

» Listen To Interview Audio
 

Economy     

Sudan: Country outlook
Economist Intelligence Unit - Oct 2009

EIU expects Sudan’s real GDP to remain at around 3% in 2010, before rising slightly in 2011, to 3.7%, as a number of Jordan's export markets begin to strengthen and domestic construction activity picks up again. Inflation is forecasted to 10.8% in 2010-11 as the domestic economy remains relatively subdued, although the depreciation of the Sudanese pound will push up imported inflation.
» Read Report
 
 
 
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Companies in Money

Most viewed companies by Community in the last 24 hrs
Company Name Country Industry
Consolidated Contractors Company Overseas Construction and Design
Saudi Binladin Group Saudi Arabia Construction and Design
Saudi Telecom Saudi Arabia Telecommunications Services
Saudi Electricity Company Saudi Arabia Electric Utilities
Emirates Aluminium Company UAE Metal Production
Sharjah Electricity and Water Authority UAE Electric Utilities
Emirates Telecommunications Corporation UAE Telecommunications Services
Al Azizia Panda United Company Saudi Arabia General Retailers
Commercial International Bank (Egypt) Egypt Banking
Dodsal Engineering and Construction UAE Construction and Design
 

Projects

Most viewed projects by Community in the last 24 hrs
Project Name Country Sector
Takreer - Ruwais Refinery Expansion UAE Oil and Gas
Al Futtaim Carillion - Marina Hotel (Yas Island) UAE Real Estate
Emirates Aluminium (EMAL) - Smelter Complex - Phase 1 UAE Industry
Abu Dhabi DOT - Abu Dhabi Metro UAE Infrastructure
ENEC - Nuclear Power Plant UAE Power and Water
SATORP - Jubail Refinery and Petrochemical Complex Saudi Arabia Oil and Gas
Dubai RTA - Dubai Metro UAE Infrastructure
Al Safwa - Jeddah Cement Plant Saudi Arabia Industry
Qatar Bahrain Causeway Foundation - Qatar Bahrain Causeway Bahrain Infrastructure
Qatar Bahrain Causeway Foundation - Qatar Bahrain Causeway Qatar Infrastructure
 

Blogs

Top Pick 
Incoterms are being used in contracts since 1936 to divide transaction costs and responsibilities between buyer and seller and reflect state-of-the-art transportation practices.
 
Gold & Single Currency  blog by Ivo Cerckel | 05Nov09
 
Most read blogs by Community in the last 24 hrs
1 The Sorry State of Real Estate in the UAE (Uncensored Version)
2 The Strange Relationship between the Oil Price and the Stock Market
3 Volatility of the Four Major Precious Metals and their Hedging Strategies
4 Abu Dhabi: Too fast, too curious
5 Extreme facts brought out by the 2008 Great Recession: Continuously Updated
 
 
 
 
 
 
  Major Currencies per USD
Euros *  1.48412  07Nov01:15
Pound Sterling *  1.66113  07Nov01:15
Expressed as 'bid' price per USD except*
  Regional Currencies per USD
Algerian Dinar  71.75400  06Nov12:45
Bahraini Dinar  0.37700  06Nov15:45
Egyptian Pound  5.46800  06Nov06:45
Irani Riyal  9907.00000  06Nov15:45
Iraqi Dinar  1153.50000  06Nov17:00
Jordanian Dinar  0.70880  06Nov12:45
Kuwaiti Dinar  0.28600  06Nov15:45
Lebanese Pound  1501.50000  06Nov15:45
Libyan Dinar  1.24360  15Sep05:00
Moroccan Dirham  7.73650  02Nov05:00
Omani Riyal  0.38510  06Nov12:45
Qatari Riyal  3.64100  06Nov16:00
Saudi Riyal  3.75030  06Nov12:45
Sudanese Dinar  234.38500  09Mar05:00
Syrian Pound  47.00900  15Sep05:00
Tunisian Dinar  1.28950  06Nov12:45
UAE Dirham  3.67300  06Nov16:15
Yemeni Riyal  205.55000  06Nov15:45
Expressed as 'bid' price
 
 
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Tender Notice Due Date
Creation and completion of a hospital for birth and women and children Al Qassimi Hospital in Alkhazimiyeh / Sharjah And expansions of the emergency department at Al Qassimi Hospital Alkhazmiyeh / Sharjah 22Dec09
Development of intersection of Alhamidiya / Ajman 08Dec09
Modification, Upgrading and Re-Construction of Rooms and Facilities for Fire Station at Al Aweer Power Station 09Dec09
Supply of Pulse type Self Cleaning Inlet Air Filters, Pre Filters, Fine Filters and Evaporative Cooler Pads for 'L' Phase-II Gas Turbines at Jebel Ali Power Station 07Dec09
Consultants for Supervising Commissioning Activities 23Nov09
Supply and Installation of Chain Link Fencing Along DEWA Power Station Boundary Parallel to Sheikh Zayed Road Jebel Ali 23Nov09
Supply, Installation, Testing & Commissioning of 400kV P-Station Substation and Associated 400kV GIL Works. 23Nov09
Inlet Air Chilling for Gas Turbines at 'L' Station Phase 1 at Jebel Ali. 18Nov09
BEACH WELLS AT GHALILAH POWER STATION, R.A.K. 24Nov09
2 NOS. OF 5 MIG RCC WATER TANKS AT BURAIRAT WDC - R.A.K. 24Nov09
UPGRADE OF SCADA FOR EXISTING 132/33 KV AND 33/11KV SUB-STATIONS OF FEWA NETWORK 23Nov09
LAYING & MAINTENANCE OF WATER DISTRIBUTION PIPELINES IN NORTHERN EMIRATES 22Nov09
Supply of Wound Care 24Dec09
SUPPLY OF THERMOMETER 24Dec09
Re-tender proposed service blocks at Al -rafeei park general &ladies 22Nov09
Supply and set macheine for ice making and cold store for Al Dhaid fish market 18Nov09
Digging (2) whells at weshah area near to labour accommodation at al-Dhaid 25Nov09
Lighting works at training yard in sharjah driving institute 16Nov09
Re-tender :maintenance works for labour accommodation at industrial area 3 15Nov09
Supply concrete tank and pamping room for wedding 11Nov09
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Zawya Select
ZawyaSelect
UAE
Enhancing Business
Dubai Chamber of Commerce and Industry, with more than 100,000 members, continues its robust growth. It recorded about 8,000 new registrations this year despite the global downturn.
 
 
Keep It In The Family
Family owned businesses in the Middle East and North Africa will be a major source of job creation in the coming decade but in order to survive and prosper they must become 'institutions'.
 
 
Qatar
Fueling Growth
Qatar should enjoy impressive real GDP growth thanks to the doubling of its gas capacity between 2008 and the end of 2010.
 
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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 Saudi Printing and Packaging Company Saudi Arabia 269
2 Nafais Holding Company Kuwait 262
3 Privatization Holding Company Kuwait 250
4 Suez Canal Company For Technology Settling Egypt 249
5 National Leasing Holding Qatar 184
» View Full List
 
 
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