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Business
  UAE, Oman to keep dollar peg; IMF urges Gulf to stick on US currency
 
FRANKFURT, Nov 20, (RTRS): The United Arab Emirates has no plans to drop its peg from the US dollar, its central bank chief said on Friday, while the recent rise in the price of oil has pushed it abov
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  Gulf investors discouraged by Morocco’s red tape: Kuwait
 
SHIRAT, Morocco, Nov 20, (RTRS): Morocco still remains a marginal market for Gulf investors due to poor infrastructure and red tape, Gulf Arab executives said on the sidelines of an investment confere
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  US panel votes to assess fees on large firms, aims to slow Fed
 
WASHINGTON, Nov 20, (AP): Taking aim at Wall Street and the US central bank, an important House committee voted Thursday to assess fees on large financial firms to pay for the failure of their peers a
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  Chinese yuan seen 20 percent undervalued versus dollar: poll
 
HONG KONG, Nov 20, (RTRS): China’s yuan is undervalued by 20 percent, a Reuters poll shows on Friday, highlighting the case of President Barack Obama who this week pressed Beijing to allow the currenc
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  ‘ME banks moving away from organised tawarruq’
 
KUALA LUMPUR, Nov 20, (RTRS): Some Middle Eastern banks are avoiding organised tawarruq after a ruling against the practice, an industry official said, a trend that could signal a shake-up for the $1
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  Agility says ‘temporarily’ suspended, not debarred
 
DUBAI, Nov 18, (RTRS): Agility, a Kuwaiti firm supplying food to US soldiers in Iraq and Kuwait, said it had been temporarily suspended, but not debarred, from new US government contracts pending the
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  Seminar highlights India investment
 
KUWAIT CITY, Nov 18: The law firms NEN Al-Wagayan, Al-Awadhi, Al-Saif and DLA Piper Kuwait held a seminar Tuesday under the seminar ‘Doing Business in India’.The seminar was held to raise awareness of
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  Airbus targets 300 sales in ’09
 
DUBAI, Nov 18, (Agencies): Airbus is still aiming to sell 300 aircraft in 2009 and is confident it will meet 2013 delivery targets for the A350, a company executive said on Wednesday.Speaking to Reute
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  UBS raises price targets on property companies
 
DOHA, Nov 18, (RTRS): UBS raised its price targets on shares of several property companies in the United Arab Emirates on valuation, but forecast a further 20 percent to 30 percent drop in Dubai house
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  Kuwait benchmark slides 70.8 points in choppy trade; Agility, Zain weighs
 
KUWAIT CITY, Nov 18: Kuwait stocks sagged on Monday, following the steep loss in the previous session . The index slid 70.8 points in choppy trade led by Agility and Zain while some of the frontline s
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More Business News
  • UAE, Oman to keep dollar peg; IMF urges Gulf to stick on US currency
  • Gulf investors discouraged by Morocco’s red tape: Kuwait
  • US panel votes to assess fees on large firms, aims to slow Fed
  • Chinese yuan seen 20 percent undervalued versus dollar: poll
  • ‘ME banks moving away from organised tawarruq’
  • Agility says ‘temporarily’ suspended, not debarred
  • Seminar highlights India investment
  • Airbus targets 300 sales in ’09
  • UBS raises price targets on property companies
  • Kuwait benchmark slides 70.8 points in choppy trade; Agility, Zain weighs

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