http://www.zawya.com/middle-east/financial-markets/dubai/en-usCopyright 2012 Zawya Ltd. All rights reserved.Mon, 13 Feb 2012 10:37:00 GMT1314476http://www.zawya.com/middle-east/financial-markets/dubai/http://www.zawya.com/images/newsletter_zawya_logo.gifhttp://www.zawya.com/story.cfm/sidZAWYA20120213103757/Shuaa_to_sack_another_31_of_its_staffShares in Dubai's Shuaa Capital are up 9.14 per cent this morning to Dh0.74 apiece after the investment bank announced narrower losses for the fourth quarter of 2011 compared with the same period of 2010, and said in a statement that it will be further reducing its headcount by more than 31 per cent in the first half of 2012.Mon, 13 Feb 2012 10:40:00 GMTEmirates 24|7 ZAWYA20120213103757Openhttp://www.zawya.com/story.cfm/sidZW20120213000049/Emaar_to_expand_Dubai_Mall_by_1_mn_sq_ft_from_existing_12_mnDubai's Emaar Properties said it plans to expand its flagship asset, The Dubai Mall, by over 1 million square feet, from the existing 12 million square feet development, to include more retail outlets and hotel rooms.Mon, 13 Feb 2012 10:13:41 GMTZawya Dow Jones News ZW20120213000049Openhttp://www.zawya.com/story.cfm/sidZAWYA20120213071201/Shuaa_Capital_reports_2011_yearend_resultsShuaa Capital announced revenues in the fourth quarter 2011 were AED 20.1 million (FY 2010: AED 42.8 million) and the Company reported a net loss of AED 111.8 million (FY 2010: net loss AED 186.7 million).Mon, 13 Feb 2012 07:56:55 GMTPress Release ZAWYA20120213071201Openhttp://www.zawya.com/story.cfm/sidpdf_130212075730/OAB_Al_Arabi_GCC_Virtual_Portfolio_13Feb12This is a PDF report. Mon, 13 Feb 2012 07:55:00 GMTOman Arab Bank SAOC pdf_130212075730Subscriptionhttp://www.zawya.com/story.cfm/sidpdf_130212070044/Markaz_Greenish_Beginning_to_the_Year__UAE_and_Saudi_lead_GCC_gains_Feb12This is a PDF report. Mon, 13 Feb 2012 06:57:00 GMTKuwait Financial Centre pdf_130212070044Subscriptionhttp://www.zawya.com/story.cfm/sidZAWYA20120212142745/SME_ranking_can_be_pipeline_for_secondary_listing_market_for_small_firms_in_DubaiDubai may be looking more seriously at setting up a stock market to list small companies, as it prepares to create a pipeline of such listings.Mon, 13 Feb 2012 04:22:06 GMTZawya ZAWYA20120212142745Openhttp://www.zawya.com/story.cfm/sidpdf_100212121118/BMI_UAE_Tourism_Report_Jan12The tourism sector in the UAE looks set to record another good year in 2011, after a strong recovery in the previous year. In the period January-September 2011, Dubai hotels played host to 6.64mn guests (including UAE residents), an increase of 11% compared with the first three quarters of 2010. This is a slight moderation in growth though since Q111, when the number of guests rose a solid 14% year-on-year (y-o-y). In Abu Dhabi, during the first eight months of 2011 data show a good 13% y-o-y increase in tourists (including UAE arrivals) at hotels and hotel apartments (despite a fall in arrivals y-o-y in August), to over 1.3mn guests. Arrivals from Europe were up a marked 19% y-o-y, buoyed by a 24% increase in visitors from France, and growth of 18% and 17% in arrivals from the UK and Germany respectively. There was also a surge in arrivals from the Gulf Cooperation Council (GCC), up by 25% y-o-y, and Asia (+23%). Of the GCC countries, substantial growth was recorded in visitors from Saudi Arabia (+56%) and Kuwait (+32%). In Sharjah, latest figures for the first nine months of 2011 show tourist arrivals (including UAE nationals) at hotels and hotel apartments reached over 1.1mn. Based on BMI estimates, this equates to a modest increase of just under 2% y-o-y.HospitalityIn 2011, there was impressive growth in the hospitality sector. Between January and September there was a 26% y-o-y increase in the number of guest nights at Dubai hotels, to about 23.7mn. The average length of stay rose noticeably, by 14% y-o-y, while occupancy levels of hotels and hotel apartments also increased favourably, to 72% and 74% respectively. Hotel and hotel apartment revenue rose a solid 19% y-o-y, to nearly AED11bn. In January-August 2011, in Abu Dhabi, total guest nights increased 25% y-oy, to over 4mn nights. Occupancy levels were up by 9% y-o-y to 67%, while the average length of stay rose by 12% to around three nights. Growth in domestic tourism was more muted, with a 6% y-o-y Fri, 10 Feb 2012 12:03:00 GMTBusiness Monitor International Limited pdf_100212121118Subscriptionhttp://www.zawya.com/story.cfm/sidpdf_100212110339/BMI_United_Arab_Emirates_Oil__Gas_Report_Nov11BMI View Enhanced oil recovery (EOR) schemes and investments from both IOCs and NOCs underscore our bullish view of the UAE?s oil sector. The country will also remain a key player in the region?s gas market, sustaining its role as a dual importer and exporter of natural gas. The opening of the ADCOP pipeline builds redundancy into the UAE?s oil export pipeline system, in the event of conflict affecting the Straits of Hormuz.We highlight the following trends and developments in the UAE?s oil and gas sector:- BMI sees proven oil reserves declining from 96.8bn barrels (bbl) in 2011 to just over 91bn bbl by 2016, with gas reserves also falling from 6trn cubic metres (tcm) to around 5.8tcm over the same period.- We see oil production rising to over 3.2mn b/d by 2016 and nearly 3.5mn b/d by 2021, supported by re-development of mature fields, the deployment of enhanced oil recovery (EOR) and investment from international oil companies (IOCs) and national oil companies (NOCs).- Gas production will receive a big mid-decade boost from the start-up of the Shah sour gas project. By 2016, we see output of around 66bcm, rising to 74bcm by 2021. - The UAE will continue to export modest volumes of liquefied natural gas (LNG) while importing pipeline gas via Dolphin from Qatar. We have not factored a volume rise for either flow into our forecasts.- The liberalisation of fuel prices is unlikely in the short term, owing to government largesse following political unrest across the Middle East and North Africa (MENA) region in 2011. Fuels distribution in the UAE will, therefore, continue to be a loss-making proposition. The UAE?s dependence on oil prices leads to high volatility in the country?s export revenues. Our assumptions of slower growth in China, a faltering recovery in the US and a worsening eurozone debt crisis, clearly pose a threat to global oil demand. We assume OPEC basket oil prices will fall from US$101.90 per barrel (bbl) in 2011 to US$99.38/bbl in 2012, thus creatiFri, 10 Feb 2012 10:41:00 GMTBusiness Monitor International Limited pdf_100212110339Subscriptionhttp://www.zawya.com/story.cfm/sidWAM20120210072013578/Arabtec_has_AED265m_in_Abu_Dhabi_projectsContractor Arabtec yesterday announced AED265 million worth of projects in Abu Dhabi, including two in the Western Region.Fri, 10 Feb 2012 07:27:44 GMTWAM (Emirates News Agency) WAM20120210072013578Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209041525/DM_Healthcare_set_for_Dh2b_expansion_mulls_IPODM Healthcare, the largest private healthcare provider in the GCC, on Wednesday unveiled a Dh2 billion expansion plan aimed at more than doubling the number of units in its network by 2015. Thu, 09 Feb 2012 08:07:23 GMTKhaleej Times ZAWYA20120209041525Openhttp://www.zawya.com/story.cfm/sidZAWYA20120209040830/Emirates_NBD_funds_retain_SP_A_ratingsEmirates NBD Asset Management, the asset management arm of Emirates NBD, announced on Wednesday that Standard & Poor's (S&P), had reaffirmed the 'A' rating for 2012 on five of its managed funds. Thu, 09 Feb 2012 07:24:56 GMTKhaleej Times ZAWYA20120209040830Open