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Monday 13th, October 2008 -- 00:31 GMT


	UAE moves to secure markets as bourses continue to decline



	UAE's President Shaikh Khalifa Bin Zayed Al Nahyan tried on Sunday to calm ...


	Moody’s reaffirms A3/P2 rating of Tamweel



	Tamweel PJSC, the largest provider of real estate finance in the UAE, announced today that Moody's Investors Service has reaffirmed its A3/P2 rating of the company with a stable outlook on all ...


	SAFCO reports 155% rise in profits for 3Q2008



	Saudi Arabian Fertilizers Co. (SAFCO) reports net profits of SR 3.744 billion during the first nine months of 2008, compared with SR 1.466 billion in the same period in 2007, an increase of 155 percent. ...


	Libya decides to withdraw $7 billion of assets in Swiss banks, cut oil supply



	Libya will withdraw $7 billion of assets in Swiss banks, cut economic ties with Switzerland and stop supplying it with oil to protest against what it called poor treatment of Libyan diplomats and ...


	UAE bourses rebound after interest cut



	The stock markets in the UAE, supported by the decision to cut interest rates, rose during trading on Thursday. ...


	ADNEC officially launches ExCeL London Phase 2 London venue to become one of Europe's largest



	Abu Dhabi National Exhibitions Company has announced that work has officially commenced on the Phase 2 expansion of its ExCeL London exhibition & conference centre in the UK ...


	Despite global economic crisis, Gulf region continues to attract business and jobs



	Despite the soaring inflation and rising prices, doing business in the Gulf States is still very attractive, a recent poll conducted by Leaders Presents revealed. More than 83% of regional business leaders expect to increase the amount of business ...


	Increased public spending in GCC drives ICT market



	Governments across the Gulf States are looking to invest in high-end ICT solutions at this year’s GITEX TECHNOLOGY WEEK as government revenues continue to soar due to record oil ...


	Dubai World forms Dubai Natural Resources World



	New company aims at long-term investments, sustainable ...


	Mubadala, Veolia Water set up JV



	Mubadala Development Company (Mubadala) and Veolia Water have signed agreements to create a joint-venture company that will focus on water production and waste water collection and treatment in the Middle East and North Africa (MENA) region. ...


	AMD, ATIC establish The Foundry Company



	AMD [NYSE: AMD] and the Advanced Technology Investment Company (ATIC) of Abu Dhabi have announced the creation of a U.S.-headquartered, leading-edge semiconductor manufacturing company to address growing demand for independent, leading-edge foundry ...


	Arab stock markets crash - Egypt bourse down by over 16%



	Stock markets across the Arab world posted huge losses Tuesday, with Egypt's benchmark index hitting a two-year ...


	Kuwait market registered a monthly decline of 10.25% in September-2008



	Taking cues from international and regional markets, Kuwait market reported a decline of 10.25% in September-2008 as “Global” General Index ended the month at 331.59 points. ...

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