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Gulf News was first launched in tabloid format on September 30, 1978. It was founded by UAE businessman Abdullah Abulhoul; its offices were located on the Airport Road, Dubai. The newspaper circulation was approximately 3,000 copies daily, six days a week. The format was changed from tabloid to broadsheet size on January 1, 1980 and publication became seven days a week

Category: Business

Stock markets battered Posted on Wed, 16 May 2012 22:17:10 +0400 Dubai bourse loses dh13b in three weeks, but analysts bullish on fundamentals.. Details: http://gulfnews.com/business/markets/stock-markets-battered-1.1024090?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1024090&utm_campaign=____________Stock_markets_battered
Dubai courts to hear legal cases against Nakheel Posted on Wed, 16 May 2012 21:09:18 +0400 .. Details: http://gulfnews.com/business/property/uae/dubai-courts-to-hear-legal-cases-against-nakheel-1.1024055?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1024055&utm_campaign=____________Dubai_courts_to_hear_legal_cases_against_Nakheel
US industrial output up 1.1%, more than forecast Posted on Wed, 16 May 2012 21:09:12 +0400 Exports accelerated during the first three months of 2012.. Details: http://gulfnews.com/business/economy/us-industrial-output-up-1-1-more-than-forecast-1.1024054?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1024054&utm_campaign=____________US_industrial_output_up_1.1%,_more_than_forecast
Obama assets at $2.6m-$8.3m Posted on Wed, 16 May 2012 21:09:11 +0400 Republican rival Romney worth up to $250m.. Details: http://gulfnews.com/business/general/obama-assets-at-2-6m-8-3m-1.1024053?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1024053&utm_campaign=____________Obama_assets_at_$2.6m-$8.3m
BoE cuts growth estimates Posted on Wed, 16 May 2012 21:09:06 +0400 Biggest threat to recovery stems from ‘challenges within the euro area'.. Details: http://gulfnews.com/business/economy/boe-cuts-growth-estimates-1.1024052?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1024052&utm_campaign=____________BoE_cuts_growth_estimates
‘Make up or break up' Posted on Wed, 16 May 2012 21:09:00 +0400 Cameron says it's a choice they cannot put off.. Details: http://gulfnews.com/business/economy/make-up-or-break-up-39-1.1024050?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1024050&utm_campaign=____________‘Make_up_or_break_up'
Indian rupee forecast to depreciate to Rs15 to a dirham Posted on Wed, 16 May 2012 21:08:48 +0400 Intervention needed as sharp drop in country's stocks due to global risk aversion across international markets weaken currency.. Details: http://gulfnews.com/business/economy/indian-rupee-forecast-to-depreciate-to-rs15-to-a-dirham-1.1024047?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1024047&utm_campaign=____________Indian_rupee_forecast_to_depreciate_to_Rs15_to_a_dirham
Data lift US stocks, Greece weighs on euro Posted on Wed, 16 May 2012 21:08:36 +0400 Industrial output expands most since December, nearly twice the pace expected by analysts .. Details: http://gulfnews.com/business/markets/data-lift-us-stocks-greece-weighs-on-euro-1.1024045?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1024045&utm_campaign=____________Data_lift_US_stocks,_Greece_weighs_on_euro_
UAE exposed to sinking Eurozone Posted on Wed, 16 May 2012 21:08:35 +0400 Local markets gets a catalyst with arabtec being included on msci list.. Details: http://gulfnews.com/business/markets/uae-exposed-to-sinking-eurozone-1.1024044?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1024044&utm_campaign=____________UAE_exposed_to_sinking_Eurozone_
UAE economy grew 4.9% on high oil prices, safe haven status in 2011 Posted on Wed, 16 May 2012 21:08:29 +0400 IMF forecasts non-hydrocarbon output to strengthen this year.. Details: http://gulfnews.com/business/economy/uae-economy-grew-4-9-on-high-oil-prices-safe-haven-status-in-2011-1.1024043?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1024043&utm_campaign=____________UAE_economy_grew_4.9%_on_high_oil_prices,_safe_haven_status_in_2011
RAK sukuk yield falls to six-month low Posted on Wed, 16 May 2012 21:08:23 +0400 Real Madrid's $1b resort project boosts demand for emirate's bonds.. Details: http://gulfnews.com/business/economy/rak-sukuk-yield-falls-to-six-month-low-1.1024041?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1024041&utm_campaign=____________RAK_sukuk_yield_falls_to_six-month_low
HSBC unveils Dh1b global SME trade fund Posted on Wed, 16 May 2012 21:08:17 +0400 As much as 30% will be allocated to Emirati-owned businesses.. Details: http://gulfnews.com/business/banking/hsbc-unveils-dh1b-global-sme-trade-fund-1.1024040?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1024040&utm_campaign=____________HSBC_unveils_Dh1b_global_SME_trade_fund
Dubai seeks $10 pricing for carbon credits Posted on Wed, 16 May 2012 21:08:11 +0400 Long-term projections ‘foresee doubling of rate'.. Details: http://gulfnews.com/business/general/dubai-seeks-10-pricing-for-carbon-credits-1.1024039?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1024039&utm_campaign=____________Dubai_seeks_$10_pricing_for_carbon_credits
BMW predicts record sales as it unveils new models Posted on Wed, 16 May 2012 21:08:05 +0400 .. Details: http://gulfnews.com/business/automotives/bmw-predicts-record-sales-as-it-unveils-new-models-1.1024037?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1024037&utm_campaign=____________BMW_predicts_record_sales_as_it_unveils_new_models
ABN Amro expects bad-loan provisions to rise Posted on Wed, 16 May 2012 21:07:59 +0400 Bank hit by 16% drop in first-quarter profit.. Details: http://gulfnews.com/business/banking/abn-amro-expects-bad-loan-provisions-to-rise-1.1024036?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1024036&utm_campaign=____________ABN_Amro_expects_bad-loan_provisions_to_rise
Decline in Karachi index led by oil firms Posted on Wed, 16 May 2012 21:07:22 +0400 .. Details: http://gulfnews.com/business/markets/decline-in-karachi-index-led-by-oil-firms-1.1024026?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1024026&utm_campaign=____________Decline_in_Karachi_index_led_by_oil_firms
Metal and auto stocks lead Sensex bloodbath Posted on Wed, 16 May 2012 21:07:16 +0400 Foreign funds sell off as rupee slumps.. Details: http://gulfnews.com/business/markets/metal-and-auto-stocks-lead-sensex-bloodbath-1.1024025?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1024025&utm_campaign=____________Metal_and_auto_stocks_lead_Sensex_bloodbath_
Air India resumes flights to US and Europe Posted on Wed, 16 May 2012 20:22:30 +0400 Sectors merged to carry more passengers.. Details: http://gulfnews.com/news/world/india/air-india-resumes-flights-to-us-and-europe-1.1024006?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1024006&utm_campaign=Air_India_resumes_flights_to_US_and_Europe
Singapore Airlines to halt Abu Dhabi, Athens services Posted on Wed, 16 May 2012 19:56:00 +0400 Cites weak demand, but move augurs well for Etihad.. Details: http://gulfnews.com/business/aviation/singapore-airlines-to-halt-abu-dhabi-athens-services-1.1023984?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023984&utm_campaign=____________Singapore_Airlines_to_halt_Abu_Dhabi,_Athens_services
South Africa trade deficit ‘may grow due to Europe's slowdown' Posted on Wed, 16 May 2012 19:55:55 +0400 Growth will slow to about 3% this year from 3.1% last year.. Details: http://gulfnews.com/business/economy/south-africa-trade-deficit-may-grow-due-to-europe-s-slowdown-1.1023983?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023983&utm_campaign=____________South_Africa_trade_deficit_‘may_grow_due_to_Europe's_slowdown'
Monti in agony as austerity starts to take human toll Posted on Wed, 16 May 2012 19:55:54 +0400 Suicides and protests highlight growing crisis.. Details: http://gulfnews.com/business/economy/monti-in-agony-as-austerity-starts-to-take-human-toll-1.1023982?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023982&utm_campaign=____________Monti_in_agony_as_austerity_starts_to_take_human_toll
Fragile European economy sees car sales fall for a seventh month Posted on Wed, 16 May 2012 19:55:43 +0400 Renault, toyota and fiat worst hit as consumers tighten spending.. Details: http://gulfnews.com/business/automotives/fragile-european-economy-sees-car-sales-fall-for-a-seventh-month-1.1023980?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023980&utm_campaign=____________Fragile_European_economy_sees_car_sales_fall_for_a_seventh_month
Unemployment rate rises to new record Posted on Wed, 16 May 2012 19:55:37 +0400 Increases to 14.9% in the first quarter.. Details: http://gulfnews.com/business/economy/unemployment-rate-rises-to-new-record-1.1023979?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023979&utm_campaign=____________Unemployment_rate_rises_to_new_record
Japan fails to draw enough offers in debt purchase Posted on Wed, 16 May 2012 19:55:37 +0400 The BoJ received 700.8 billion yen in offers for debt with a maturity.. Details: http://gulfnews.com/business/economy/japan-fails-to-draw-enough-offers-in-debt-purchase-1.1023978?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023978&utm_campaign=____________Japan_fails_to_draw_enough_offers_in_debt_purchase
Goldman, Merrill emails reveal naked short-sales Posted on Wed, 16 May 2012 19:17:13 +0400 Lawyers ask judge to disclose correspondence from 2005 and 2006 that are said to ‘reflect business decisions'.. Details: http://gulfnews.com/business/markets/goldman-merrill-emails-reveal-naked-short-sales-1.1023951?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023951&utm_campaign=____________Goldman,_Merrill_emails_reveal_naked_short-sales
Pound loses out to dollar with latest jobless data due Posted on Wed, 16 May 2012 19:17:12 +0400 Sterling has advanced 4.3% this year.. Details: http://gulfnews.com/business/markets/pound-loses-out-to-dollar-with-latest-jobless-data-due-1.1023950?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023950&utm_campaign=____________Pound_loses_out_to_dollar_with_latest_jobless_data_due
Buffett's firm buys 10m share stake in GM Posted on Wed, 16 May 2012 19:17:01 +0400 .. Details: http://gulfnews.com/business/markets/buffett-s-firm-buys-10m-share-stake-in-gm-1.1023948?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023948&utm_campaign=____________Buffett's_firm_buys_10m_share_stake_in_GM
Commodities fall as uncertainty grows over Greek deadlock Posted on Wed, 16 May 2012 19:17:00 +0400 Weakening data from US and Japan add to slowdown worries.. Details: http://gulfnews.com/business/markets/commodities-fall-as-uncertainty-grows-over-greek-deadlock-1.1023947?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023947&utm_campaign=____________Commodities_fall_as_uncertainty_grows_over_Greek_deadlock
Greece woes roil Asian markets Posted on Wed, 16 May 2012 19:16:55 +0400 Euro hits new low on fears that athens could exit monetary union.. Details: http://gulfnews.com/business/markets/greece-woes-roil-asian-markets-1.1023946?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023946&utm_campaign=____________Greece_woes_roil_Asian_markets
Saudi travel firm to raise 1.37b riyals Posted on Wed, 16 May 2012 19:16:49 +0400 .. Details: http://gulfnews.com/business/markets/saudi-travel-firm-to-raise-1-37b-riyals-1.1023945?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023945&utm_campaign=____________Saudi_travel_firm_to_raise_1.37b_riyals
Dubai courts to hear Nakheel cases Posted on Wed, 16 May 2012 19:16:37 +0400 The Legal Affairs Department of Dubai Government said Dubai Courts will hear cases involving Nakheel PJSC and its subsidiaries.. Details: http://gulfnews.com/business/property/uae/dubai-courts-to-hear-nakheel-cases-1.1023942?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023942&utm_campaign=Dubai_courts_to_hear_Nakheel_cases
Sony, Panasonic discuss TV tie-up Posted on Wed, 16 May 2012 18:43:29 +0400 Proposes collaboration to make televisions with organic light-emitting diode displays.. Details: http://gulfnews.com/business/media-marketing/sony-panasonic-discuss-tv-tie-up-1.1023920?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023920&utm_campaign=____________Sony,_Panasonic_discuss_TV_tie-up
ESPN in talks with Apple for expanded TV access Posted on Wed, 16 May 2012 18:43:17 +0400 ESPN already provides the app to subscribers with Microsoft Corp's Xbox video-game console.. Details: http://gulfnews.com/business/media-marketing/espn-in-talks-with-apple-for-expanded-tv-access-1.1023917?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023917&utm_campaign=____________ESPN_in_talks_with_Apple_for_expanded_TV_access
Zenith in major rebranding exercise Posted on Wed, 16 May 2012 18:43:12 +0400 .. Details: http://gulfnews.com/business/media-marketing/zenith-in-major-rebranding-exercise-1.1023916?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023916&utm_campaign=____________Zenith_in_major_rebranding_exercise_
Minting success through social media gaming Posted on Wed, 16 May 2012 18:43:05 +0400 Industry to develop into a $1.3b business in the US by the end of the year, with 20% coming from advertising.. Details: http://gulfnews.com/business/media-marketing/minting-success-through-social-media-gaming-1.1023914?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023914&utm_campaign=____________Minting_success_through_social_media_gaming
Digital reputation must be protected at all costs Posted on Wed, 16 May 2012 18:43:00 +0400 .. Details: http://gulfnews.com/business/media-marketing/digital-reputation-must-be-protected-at-all-costs-1.1023913?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023913&utm_campaign=____________Digital_reputation_must_be_protected_at_all_costs
Vivendi plans cost cuts at home mobile division Posted on Wed, 16 May 2012 18:42:59 +0400 French company's shares have fallen sharply.. Details: http://gulfnews.com/business/media-marketing/vivendi-plans-cost-cuts-at-home-mobile-division-1.1023912?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023912&utm_campaign=____________Vivendi_plans_cost_cuts_at_home_mobile_division
Facebook's business model under fire as GM scraps ads Posted on Wed, 16 May 2012 18:42:53 +0400 Social network ipo hype wavers as companies hold mixed sentiments.. Details: http://gulfnews.com/business/media-marketing/facebook-s-business-model-under-fire-as-gm-scraps-ads-1.1023911?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023911&utm_campaign=____________Facebook's_business_model_under_fire_as_GM_scraps_ads
Social media ad spending to shoot up $9.8b in 2016 Posted on Wed, 16 May 2012 18:42:47 +0400 YouTube will play an increasingly important role.. Details: http://gulfnews.com/business/media-marketing/social-media-ad-spending-to-shoot-up-9-8b-in-2016-1.1023909?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023909&utm_campaign=____________Social_media_ad_spending_to_shoot_up_$9.8b_in_2016
What to do when you hate your job Posted on Wed, 16 May 2012 18:41:50 +0400 Managing pressure at work.. Details: http://gulfnews.com/business/opinion/what-to-do-when-you-hate-your-job-1.1023895?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023895&utm_campaign=What_to_do_when_you_hate_your_job_
Euro pays for utter failure to hold unifying value Posted on Wed, 16 May 2012 18:41:44 +0400 Political backlash encountered in greece is but a vote on the inflexibility of its biggest advocates.. Details: http://gulfnews.com/business/opinion/euro-pays-for-utter-failure-to-hold-unifying-value-1.1023893?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023893&utm_campaign=Euro_pays_for_utter_failure_to_hold_unifying_value
Finding solutions to the euro crisis: In Theory Posted on Wed, 16 May 2012 18:41:38 +0400 The European Union is the most successful model of economic blocs in the world.. Details: http://gulfnews.com/business/opinion/finding-solutions-to-the-euro-crisis-in-theory-1.1023892?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023892&utm_campaign=____________Finding_solutions_to_the_euro_crisis:_In_Theory
US House limits states' ability to tax travelling workers Posted on Wed, 16 May 2012 18:41:33 +0400 Move expected to ease burden on employees.. Details: http://gulfnews.com/business/economy/us-house-limits-states-ability-to-tax-travelling-workers-1.1023891?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023891&utm_campaign=____________US_House_limits_states'_ability_to_tax_travelling_workers
Saverin to save $67m in taxes by dropping citizenship Posted on Wed, 16 May 2012 18:41:32 +0400 Any profit from future appreciation of Facebook co-founder's stock will be free of capital gains tax in US and Singapore, where he lives now.. Details: http://gulfnews.com/business/economy/saverin-to-save-67m-in-taxes-by-dropping-citizenship-1.1023890?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023890&utm_campaign=____________Saverin_to_save_$67m_in_taxes_by_dropping_citizenship
Bankers thumb down US tax rules Posted on Wed, 16 May 2012 18:41:27 +0400 Foreign lenders lodge concerns over implementation of compliance law.. Details: http://gulfnews.com/business/economy/bankers-thumb-down-us-tax-rules-1.1023889?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023889&utm_campaign=____________Bankers_thumb_down_US_tax_rules_
Plane bound to Moscow from UAE makes emergency landing Posted on Wed, 16 May 2012 16:51:20 +0400 The jet made emergency landing in Rostov-on-Don in southern Russia after losing cabin pressure, Interfax reported .. Details: http://gulfnews.com/business/aviation/plane-bound-to-moscow-from-uae-makes-emergency-landing-1.1023821?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023821&utm_campaign=Plane_bound_to_Moscow_from_UAE_makes_emergency_landing
Singapore Airlines suspends services to Abu Dhabi, Athens Posted on Wed, 16 May 2012 14:37:20 +0400 Singapore Airlines said Wednesday it would suspend services to Abu Dhabi and Athens due to weak demand on both the routes.. Details: http://gulfnews.com/business/aviation/singapore-airlines-suspends-services-to-abu-dhabi-athens-1.1023767?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023767&utm_campaign=Singapore_Airlines_suspends_services_to_Abu_Dhabi,_Athens
More clarity is returning to the Egyptian real estate market Posted on Wed, 16 May 2012 13:01:31 +0400 More clarity is returning to the Egyptian real estate market as the dust settles after the revolution .. Details: http://gulfnews.com/business/property/general/more-clarity-is-returning-to-the-egyptian-real-estate-market-1.1023738?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023738&utm_campaign=More_clarity_is_returning_to_the_Egyptian_real_estate_market
GCC residents make up 24% of Sharjah tourists in 2011 Posted on Wed, 16 May 2012 12:35:04 +0400 Some 381,625 tourists from the GCC countries visited Sharjah last year forming 24 per cent of the total number of tourists to the emirate.. Details: http://gulfnews.com/business/tourism/gcc-residents-make-up-24-of-sharjah-tourists-in-2011-1.1023732?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023732&utm_campaign=GCC_residents_make_up_24%_of_Sharjah_tourists_in_2011
MSCI Incorporated adds Arabtec to frontier markets gauge Posted on Wed, 16 May 2012 12:14:36 +0400 MSCI Incorporated has added Dubai-builder Arabtec to its frontier markets gauge just weeks before announcing the outcome of its latest classification review.. Details: http://gulfnews.com/business/markets/msci-incorporated-adds-arabtec-to-frontier-markets-gauge-1.1023727?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023727&utm_campaign=MSCI_Incorporated_adds_Arabtec_to_frontier_markets_gauge
Dubai inflation declined in April Posted on Wed, 16 May 2012 11:42:29 +0400 Dubai’s consumer price inflation declined -0.3 per cent month on month and -1.5 per cent year on year in April from -0.3 per cent month on month in March and -1.9 per cent year on year in March, according to data released by Dubai Statistics Center.. Details: http://gulfnews.com/business/economy/dubai-inflation-declined-in-april-1.1023719?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023719&utm_campaign=Dubai_inflation_declined_in_April
Pressure rises on investment firm JPMorgan over risk, clawbacks Posted on Tue, 15 May 2012 20:53:48 +0400 Move for chairman/CEO split rejected in victory for incumbent.. Details: http://gulfnews.com/business/banking/pressure-rises-on-investment-firm-jpmorgan-over-risk-clawbacks-1.1023610?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023610&utm_campaign=____________Pressure_rises_on_investment_firm_JPMorgan_over_risk,_clawbacks
Eurozone manages to avoid recession Posted on Tue, 15 May 2012 20:53:47 +0400 German expansion fires bloc's growth path.. Details: http://gulfnews.com/business/economy/eurozone-manages-to-avoid-recession-1.1023609?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023609&utm_campaign=____________Eurozone_manages_to_avoid_recession
Geithner hails growth debate Posted on Tue, 15 May 2012 20:53:41 +0400 Stronger set of tools in place, he says.. Details: http://gulfnews.com/business/economy/geithner-hails-growth-debate-1.1023608?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023608&utm_campaign=____________Geithner_hails_growth_debate
US homebuilder confidence at five-year high Posted on Tue, 15 May 2012 20:53:35 +0400 Companies benefit as cheaper houses and mortgage rates at record low help boost demand.. Details: http://gulfnews.com/business/economy/us-homebuilder-confidence-at-five-year-high-1.1023607?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023607&utm_campaign=____________US_homebuilder_confidence_at_five-year_high
GCC visa for cruise-goers on cards Posted on Tue, 15 May 2012 20:34:35 +0400 Plan for single permit may be in place by September, DTCM official says.. Details: http://gulfnews.com/business/tourism/gcc-visa-for-cruise-goers-on-cards-1.1023601?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023601&utm_campaign=GCC_visa_for_cruise-goers_on_cards
Thuraya's Russian service starts Posted on Tue, 15 May 2012 20:33:34 +0400 Thuraya Telecommunications Company, the UAE's international mobile satellite operator, has announced the launch of its mobile satellite services in Russia .. Details: http://gulfnews.com/business/telecoms/thuraya-s-russian-service-starts-1.1023586?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023586&utm_campaign=____________Thuraya's_Russian_service_starts
US expatriates urged to seek tax advice Posted on Tue, 15 May 2012 20:33:29 +0400 People failing to comply with new regulation must file returns or face penalties .. Details: http://gulfnews.com/business/features/us-expatriates-urged-to-seek-tax-advice-1.1023585?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023585&utm_campaign=____________US_expatriates_urged_to_seek_tax_advice
Regional institutions will be immune Posted on Tue, 15 May 2012 20:33:22 +0400 Financial systems have relatively low or no exposure to European asset classes.. Details: http://gulfnews.com/business/economy/regional-institutions-will-be-immune-1.1023583?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023583&utm_campaign=____________Regional_institutions_will_be_immune
Economy gets Dh8.8b boost by last year's Summer Surprises Posted on Tue, 15 May 2012 20:33:21 +0400 Event played a key role in making emirate a leading family destination.. Details: http://gulfnews.com/business/retail/economy-gets-dh8-8b-boost-by-last-year-s-summer-surprises-1.1023582?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023582&utm_campaign=Economy_gets_Dh8.8b_boost_by_last_year's_Summer_Surprises
India shares snap five-day losing run Posted on Tue, 15 May 2012 20:33:15 +0400 Analysts see gains as due to short-covering.. Details: http://gulfnews.com/business/markets/india-shares-snap-five-day-losing-run-1.1023581?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023581&utm_campaign=____________India_shares_snap_five-day_losing_run
Oman will add 2,000 hotel rooms in 2012-13 Posted on Tue, 15 May 2012 20:33:09 +0400 Country experiencing strong investor demand.. Details: http://gulfnews.com/business/tourism/oman-will-add-2-000-hotel-rooms-in-2012-13-1.1023579?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023579&utm_campaign=____________Oman_will_add_2,000_hotel_rooms_in_2012-13
Number of cruise tourists to rise this year Posted on Tue, 15 May 2012 20:33:03 +0400 Home porting operations carried out by two German companies offer boost to passenger figures.. Details: http://gulfnews.com/business/tourism/number-of-cruise-tourists-to-rise-this-year-1.1023578?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023578&utm_campaign=____________Number_of_cruise_tourists_to_rise_this_year
UAE joins 11-member Gas Exporting Countries Forum Posted on Tue, 15 May 2012 20:02:28 +0400 Cabinet approves joining Arab Union of Land Transport.. Details: http://gulfnews.com/business/oil-gas/uae-joins-11-member-gas-exporting-countries-forum-1.1023574?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023574&utm_campaign=____________UAE_joins_11-member_Gas_Exporting_Countries_Forum
Asian stocks fall on Greek woes Posted on Tue, 15 May 2012 20:02:27 +0400 European indices rebound after German data show growth.. Details: http://gulfnews.com/business/markets/asian-stocks-fall-on-greek-woes-1.1023573?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023573&utm_campaign=____________Asian_stocks_fall_on_Greek_woes
Dana Gas reports strong profit growth Posted on Tue, 15 May 2012 20:02:21 +0400 Dana Gas reported a 125 per cent jump in its first quarter net profits to Dh206 million for the first quarter of 2012.. Details: http://gulfnews.com/business/general/dana-gas-reports-strong-profit-growth-1.1023572?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023572&utm_campaign=____________Dana_Gas_reports_strong_profit_growth
US consumers defer spending despite decline in fuel prices Posted on Tue, 15 May 2012 19:36:51 +0400 Weaker sales reflect temporary slowdown of further gains Manufacturing remains resilient as new orders and shipments rise.. Details: http://gulfnews.com/business/economy/us-consumers-defer-spending-despite-decline-in-fuel-prices-1.1023533?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023533&utm_campaign=____________US_consumers_defer_spending_despite_decline_in_fuel_prices_
Suzuki looks at India as two-wheeler export hub Posted on Tue, 15 May 2012 19:35:48 +0400 Japanese two-wheeler major Suzuki Motor Corporation yesterday said it is looking at the possibility of making India an export hub.. Details: http://gulfnews.com/business/automotives/suzuki-looks-at-india-as-two-wheeler-export-hub-1.1023517?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023517&utm_campaign=____________Suzuki_looks_at_India_as_two-wheeler_export_hub
Indian rupee will hold at record low Posted on Tue, 15 May 2012 19:35:41 +0400 Currency to appreciate slowly after June.. Details: http://gulfnews.com/business/economy/indian-rupee-will-hold-at-record-low-1.1023515?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023515&utm_campaign=____________Indian_rupee_will_hold_at_record_low
India, China fall foul of EU carbon law Posted on Tue, 15 May 2012 19:35:36 +0400 Ten airlines hauled up for flouting emission norms given until mid-June to fall in line.. Details: http://gulfnews.com/business/aviation/india-china-fall-foul-of-eu-carbon-law-1.1023514?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023514&utm_campaign=____________India,_China_fall_foul_of_EU_carbon_law
Gulf software piracy hits Dh3.12b as IT industry growth rockets Posted on Tue, 15 May 2012 19:35:29 +0400 UAE is leading the way in setting and enforcing copyright rules.. Details: http://gulfnews.com/business/technology/gulf-software-piracy-hits-dh3-12b-as-it-industry-growth-rockets-1.1023512?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023512&utm_campaign=____________Gulf_software_piracy_hits_Dh3.12b_as_IT_industry_growth_rockets
Small UK firms turn to social media Posted on Tue, 15 May 2012 18:29:48 +0400 Over one-third of companies in the sector now use web to market products.. Details: http://gulfnews.com/business/media-marketing/small-uk-firms-turn-to-social-media-1.1023495?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023495&utm_campaign=____________Small_UK_firms_turn_to_social_media
Buying a slice of Facebook could be an onerous task Posted on Tue, 15 May 2012 18:29:42 +0400 ing to get in on Facebook's hotly anticipated public stock offering? You'll need Facebook friends at very high levels — or a lot of money.. Details: http://gulfnews.com/business/markets/buying-a-slice-of-facebook-could-be-an-onerous-task-1.1023494?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023494&utm_campaign=____________Buying_a_slice_of_Facebook_could_be_an_onerous_task
Rule changes may make SMEs weigh options Posted on Tue, 15 May 2012 18:29:41 +0400 New Companies Law may add value and attract large capital investments into country, especially in specialised sectors.. Details: http://gulfnews.com/business/property/uae/rule-changes-may-make-smes-weigh-options-1.1023493?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023493&utm_campaign=____________Rule_changes_may_make_SMEs_weigh_options_
Spelling out the brand message Posted on Tue, 15 May 2012 18:29:29 +0400 Small is beautiful in the corporate world, but small can also be an excuse for sloppy business practices.. Details: http://gulfnews.com/business/media-marketing/spelling-out-the-brand-message-1.1023491?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023491&utm_campaign=____________Spelling_out_the_brand_message
Obama calls for reforms Posted on Tue, 15 May 2012 18:29:11 +0400 President Barack Obama said on Monday the huge trading loss at JPMorgan Chase & Co illustrated the need for Wall Street reform.. Details: http://gulfnews.com/business/banking/obama-calls-for-reforms-1.1023486?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023486&utm_campaign=____________Obama_calls_for_reforms
JPMorgan chief may lose his post Posted on Tue, 15 May 2012 18:29:10 +0400 Many executives expected to step down in aftermath of bank's $2b trading loss.. Details: http://gulfnews.com/business/banking/jpmorgan-chief-may-lose-his-post-1.1023485?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023485&utm_campaign=____________JPMorgan_chief_may_lose_his_post
As European austerity ends, so could the euro Posted on Tue, 15 May 2012 18:10:10 +0400 The euro currency is a malady that condemns at least a generation of Greeks, Italians, Spaniards, Portuguese and Irish to the economic infirmary. .. Details: http://gulfnews.com/business/economy/as-european-austerity-ends-so-could-the-euro-1.1023457?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023457&utm_campaign=____________As_European_austerity_ends,_so_could_the_euro__
The effect of rising oil prices on GCC budgets Posted on Tue, 15 May 2012 18:09:59 +0400 Saying goodbye to annual deficits means spending can be increased and general services improved.. Details: http://gulfnews.com/business/opinion/the-effect-of-rising-oil-prices-on-gcc-budgets-1.1023454?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023454&utm_campaign=____________The_effect_of_rising_oil_prices_on_GCC_budgets
DSS 2011 brings Dh8.8 billion to Dubai’s economy Posted on Tue, 15 May 2012 15:39:28 +0400 Dubai Events and Promotions Establishment (DEPE) said, more than four million visitors visited Dubai’s summer attractions last year that boosted Dubai’s economy by 8.8 billion .. Details: http://gulfnews.com/business/general/dss-2011-brings-dh8-8-billion-to-dubai-s-economy-1.1023328?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023328&utm_campaign=DSS_2011_brings_Dh8.8_billion_to_Dubai’s_economy
NMC reports 18.4 per cent increase in four-month revenue Posted on Tue, 15 May 2012 14:34:50 +0400 NMC Health reported an 18.4% jump in revenue to $166.4m during the first four months of this year.. Details: http://gulfnews.com/news/gulf/uae/health/nmc-reports-18-4-per-cent-increase-in-four-month-revenue-1.1023302?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023302&utm_campaign=NMC_reports_18.4_per_cent_increase_in_four-month_revenue
Thuraya, GTNT say in one voice 'Hello Russia' Posted on Tue, 15 May 2012 14:21:47 +0400 Thuraya Telecommunications Company, a UAE-based international mobile satellite operator, has announced the launch of its mobile satellite services in Russia in partnership with GTNT.. Details: http://gulfnews.com/business/telecoms/thuraya-gtnt-say-in-one-voice-hello-russia-1.1023299?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023299&utm_campaign=Thuraya,_GTNT_say_in_one_voice_'Hello_Russia'
Türkiye Finans in $350m murabaha syndicated deal Posted on Tue, 15 May 2012 14:02:58 +0400 Türkiye Finans secures largest murabaha syndicated financing in participation banking $350 million .. Details: http://gulfnews.com/business/banking/turkiye-finans-in-350m-murabaha-syndicated-deal-1.1023290?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023290&utm_campaign=Türkiye_Finans_in_$350m_murabaha_syndicated_deal
Dana Gas reports strong profit growth for Q1 2012 Posted on Tue, 15 May 2012 13:57:28 +0400 Dana Gas reported a 125 per cent jump in its first quarter net profits reaching Dh206 million for the first quarter of 2012, up from Dh92 million recorded during the corresponding period last year.. Details: http://gulfnews.com/business/oil-gas/dana-gas-reports-strong-profit-growth-for-q1-2012-1.1023286?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023286&utm_campaign=Dana_Gas_reports_strong_profit_growth_for_Q1_2012
Uncertainty spooks equities Posted on Mon, 14 May 2012 21:26:23 +0400 World stocks slide on Greece's Eurozone's future as euro hits four-month low.. Details: http://gulfnews.com/business/markets/uncertainty-spooks-equities-1.1023116?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023116&utm_campaign=____________Uncertainty_spooks_equities
Oil slips on demand slowdown concerns Posted on Mon, 14 May 2012 21:26:17 +0400 China's weak industrial data and trading losses by JPMorgan have hurt investor confidence.. Details: http://gulfnews.com/business/oil-gas/oil-slips-on-demand-slowdown-concerns-1.1023114?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023114&utm_campaign=____________Oil_slips_on_demand_slowdown_concerns
JPMorgan's investment chief out after massive trading losses Posted on Mon, 14 May 2012 21:26:11 +0400 Drew said to be retiring from biggest US bank after 30 years .. Details: http://gulfnews.com/business/banking/jpmorgan-s-investment-chief-out-after-massive-trading-losses-1.1023113?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023113&utm_campaign=JPMorgan's_investment_chief_out_after_massive_trading_losses
Moody's delays bank ratings downgrades Posted on Mon, 14 May 2012 21:26:11 +0400 Any cuts could push up funding costs.. Details: http://gulfnews.com/business/banking/moody-39-s-delays-bank-ratings-downgrades-1.1023112?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023112&utm_campaign=____________Moody's_delays_bank_ratings_downgrades
Sensex tanks 77 points on inflation worries Posted on Mon, 14 May 2012 21:03:58 +0400 Metal, auto and power stocks under pressure.. Details: http://gulfnews.com/business/markets/sensex-tanks-77-points-on-inflation-worries-1.1023097?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023097&utm_campaign=____________Sensex_tanks_77_points_on_inflation_worries
Foreign investors save the day Posted on Mon, 14 May 2012 21:03:52 +0400 Pakistan's Karachi Stock Exchange (KSE) recorded lacklustre trading activities .. Details: http://gulfnews.com/business/markets/foreign-investors-save-the-day-1.1023096?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023096&utm_campaign=____________Foreign_investors_save_the_day
Dubai investment arm in life insurance alliance Posted on Mon, 14 May 2012 21:03:21 +0400 Samsung unit to sell products in Middle East.. Details: http://gulfnews.com/business/banking/dubai-investment-arm-in-life-insurance-alliance-1.1023094?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023094&utm_campaign=____________Dubai_investment_arm_in_life_insurance_alliance
Restructuring and Bankruptcy Law expected to be ready this year Posted on Mon, 14 May 2012 21:03:15 +0400 Legislation will overhaul dealings with businesses, individuals with debt.. Details: http://gulfnews.com/business/general/restructuring-and-bankruptcy-law-expected-to-be-ready-this-year-1.1023093?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023093&utm_campaign=____________Restructuring_and_Bankruptcy_Law_expected_to_be_ready_this_year
Political impasse casts shadow on Greece's future in Eurozone Posted on Mon, 14 May 2012 21:03:10 +0400 Fears abound that Spain and Italy will be sucked into maelstrom.. Details: http://gulfnews.com/business/economy/political-impasse-casts-shadow-on-greece-s-future-in-eurozone-1.1023092?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023092&utm_campaign=Political_impasse_casts_shadow_on_Greece's_future_in_Eurozone
Toyota, Honda rapport with auto suppliers at 11-year low Posted on Mon, 14 May 2012 20:16:29 +0400 Japanese automakers still manage to retain top slots in survey.. Details: http://gulfnews.com/business/automotives/toyota-honda-rapport-with-auto-suppliers-at-11-year-low-1.1023055?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023055&utm_campaign=____________Toyota,_Honda_rapport_with_auto_suppliers_at_11-year_low
Emerging market stocks drop on Greece deadlock, Europe concerns Posted on Mon, 14 May 2012 19:13:50 +0400 Investors fear China's bank reforms may not reverse slowdown.. Details: http://gulfnews.com/business/markets/emerging-market-stocks-drop-on-greece-deadlock-europe-concerns-1.1022997?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1022997&utm_campaign=____________Emerging_market_stocks_drop_on_Greece_deadlock,_Europe_concerns
Worldly Wise: JPMorgan chief gets $2b reality check Posted on Mon, 14 May 2012 18:51:21 +0400 .. Details: http://gulfnews.com/business/opinion/worldly-wise-jpmorgan-chief-gets-2b-reality-check-1.1022959?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1022959&utm_campaign=Worldly_Wise:_JPMorgan_chief_gets_$2b_reality_check_
Inflation distorts India outlook Posted on Mon, 14 May 2012 18:50:13 +0400 Unexpected increase in prices will hamper Central Bank's ability to cut rates.. Details: http://gulfnews.com/business/economy/inflation-distorts-india-outlook-1.1022942?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1022942&utm_campaign=____________Inflation_distorts_India_outlook
Cosmos Group opts for direct retail presence Posted on Mon, 14 May 2012 18:49:03 +0400 Dubai business house making Dh50m-100m investment and plans mall locations in Dubai, Abu Dhabi and Sharjah.. Details: http://gulfnews.com/business/retail/cosmos-group-opts-for-direct-retail-presence-1.1022924?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1022924&utm_campaign=____________Cosmos_Group_opts_for_direct_retail_presence

Stock markets battered

Posted on Wed, 16 May 2012 22:17:10 +0400

Dubai bourse loses dh13b in three weeks, but analysts bullish on fundamentals..

Details: http://gulfnews.com/business/markets/stock-markets-battered-1.1024090?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1024090&utm_campaign=____________Stock_markets_battered

Dubai courts to hear legal cases against Nakheel

Posted on Wed, 16 May 2012 21:09:18 +0400

..

Details: http://gulfnews.com/business/property/uae/dubai-courts-to-hear-legal-cases-against-nakheel-1.1024055?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1024055&utm_campaign=____________Dubai_courts_to_hear_legal_cases_against_Nakheel

US industrial output up 1.1%, more than forecast

Posted on Wed, 16 May 2012 21:09:12 +0400

Exports accelerated during the first three months of 2012..

Details: http://gulfnews.com/business/economy/us-industrial-output-up-1-1-more-than-forecast-1.1024054?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1024054&utm_campaign=____________US_industrial_output_up_1.1%,_more_than_forecast

Obama assets at $2.6m-$8.3m

Posted on Wed, 16 May 2012 21:09:11 +0400

Republican rival Romney worth up to $250m..

Details: http://gulfnews.com/business/general/obama-assets-at-2-6m-8-3m-1.1024053?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1024053&utm_campaign=____________Obama_assets_at_$2.6m-$8.3m

BoE cuts growth estimates

Posted on Wed, 16 May 2012 21:09:06 +0400

Biggest threat to recovery stems from ‘challenges within the euro area'..

Details: http://gulfnews.com/business/economy/boe-cuts-growth-estimates-1.1024052?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1024052&utm_campaign=____________BoE_cuts_growth_estimates

‘Make up or break up'

Posted on Wed, 16 May 2012 21:09:00 +0400

Cameron says it's a choice they cannot put off..

Details: http://gulfnews.com/business/economy/make-up-or-break-up-39-1.1024050?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1024050&utm_campaign=____________‘Make_up_or_break_up'

Indian rupee forecast to depreciate to Rs15 to a dirham

Posted on Wed, 16 May 2012 21:08:48 +0400

Intervention needed as sharp drop in country's stocks due to global risk aversion across international markets weaken currency..

Details: http://gulfnews.com/business/economy/indian-rupee-forecast-to-depreciate-to-rs15-to-a-dirham-1.1024047?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1024047&utm_campaign=____________Indian_rupee_forecast_to_depreciate_to_Rs15_to_a_dirham

Data lift US stocks, Greece weighs on euro

Posted on Wed, 16 May 2012 21:08:36 +0400

Industrial output expands most since December, nearly twice the pace expected by analysts ..

Details: http://gulfnews.com/business/markets/data-lift-us-stocks-greece-weighs-on-euro-1.1024045?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1024045&utm_campaign=____________Data_lift_US_stocks,_Greece_weighs_on_euro_

UAE exposed to sinking Eurozone

Posted on Wed, 16 May 2012 21:08:35 +0400

Local markets gets a catalyst with arabtec being included on msci list..

Details: http://gulfnews.com/business/markets/uae-exposed-to-sinking-eurozone-1.1024044?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1024044&utm_campaign=____________UAE_exposed_to_sinking_Eurozone_

UAE economy grew 4.9% on high oil prices, safe haven status in 2011

Posted on Wed, 16 May 2012 21:08:29 +0400

IMF forecasts non-hydrocarbon output to strengthen this year..

Details: http://gulfnews.com/business/economy/uae-economy-grew-4-9-on-high-oil-prices-safe-haven-status-in-2011-1.1024043?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1024043&utm_campaign=____________UAE_economy_grew_4.9%_on_high_oil_prices,_safe_haven_status_in_2011

RAK sukuk yield falls to six-month low

Posted on Wed, 16 May 2012 21:08:23 +0400

Real Madrid's $1b resort project boosts demand for emirate's bonds..

Details: http://gulfnews.com/business/economy/rak-sukuk-yield-falls-to-six-month-low-1.1024041?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1024041&utm_campaign=____________RAK_sukuk_yield_falls_to_six-month_low

HSBC unveils Dh1b global SME trade fund

Posted on Wed, 16 May 2012 21:08:17 +0400

As much as 30% will be allocated to Emirati-owned businesses..

Details: http://gulfnews.com/business/banking/hsbc-unveils-dh1b-global-sme-trade-fund-1.1024040?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1024040&utm_campaign=____________HSBC_unveils_Dh1b_global_SME_trade_fund

Dubai seeks $10 pricing for carbon credits

Posted on Wed, 16 May 2012 21:08:11 +0400

Long-term projections ‘foresee doubling of rate'..

Details: http://gulfnews.com/business/general/dubai-seeks-10-pricing-for-carbon-credits-1.1024039?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1024039&utm_campaign=____________Dubai_seeks_$10_pricing_for_carbon_credits

BMW predicts record sales as it unveils new models

Posted on Wed, 16 May 2012 21:08:05 +0400

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Details: http://gulfnews.com/business/automotives/bmw-predicts-record-sales-as-it-unveils-new-models-1.1024037?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1024037&utm_campaign=____________BMW_predicts_record_sales_as_it_unveils_new_models

ABN Amro expects bad-loan provisions to rise

Posted on Wed, 16 May 2012 21:07:59 +0400

Bank hit by 16% drop in first-quarter profit..

Details: http://gulfnews.com/business/banking/abn-amro-expects-bad-loan-provisions-to-rise-1.1024036?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1024036&utm_campaign=____________ABN_Amro_expects_bad-loan_provisions_to_rise

Decline in Karachi index led by oil firms

Posted on Wed, 16 May 2012 21:07:22 +0400

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Details: http://gulfnews.com/business/markets/decline-in-karachi-index-led-by-oil-firms-1.1024026?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1024026&utm_campaign=____________Decline_in_Karachi_index_led_by_oil_firms

Metal and auto stocks lead Sensex bloodbath

Posted on Wed, 16 May 2012 21:07:16 +0400

Foreign funds sell off as rupee slumps..

Details: http://gulfnews.com/business/markets/metal-and-auto-stocks-lead-sensex-bloodbath-1.1024025?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1024025&utm_campaign=____________Metal_and_auto_stocks_lead_Sensex_bloodbath_

Air India resumes flights to US and Europe

Posted on Wed, 16 May 2012 20:22:30 +0400

Sectors merged to carry more passengers..

Details: http://gulfnews.com/news/world/india/air-india-resumes-flights-to-us-and-europe-1.1024006?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1024006&utm_campaign=Air_India_resumes_flights_to_US_and_Europe

Singapore Airlines to halt Abu Dhabi, Athens services

Posted on Wed, 16 May 2012 19:56:00 +0400

Cites weak demand, but move augurs well for Etihad..

Details: http://gulfnews.com/business/aviation/singapore-airlines-to-halt-abu-dhabi-athens-services-1.1023984?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023984&utm_campaign=____________Singapore_Airlines_to_halt_Abu_Dhabi,_Athens_services

South Africa trade deficit ‘may grow due to Europe's slowdown'

Posted on Wed, 16 May 2012 19:55:55 +0400

Growth will slow to about 3% this year from 3.1% last year..

Details: http://gulfnews.com/business/economy/south-africa-trade-deficit-may-grow-due-to-europe-s-slowdown-1.1023983?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023983&utm_campaign=____________South_Africa_trade_deficit_‘may_grow_due_to_Europe's_slowdown'

Monti in agony as austerity starts to take human toll

Posted on Wed, 16 May 2012 19:55:54 +0400

Suicides and protests highlight growing crisis..

Details: http://gulfnews.com/business/economy/monti-in-agony-as-austerity-starts-to-take-human-toll-1.1023982?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023982&utm_campaign=____________Monti_in_agony_as_austerity_starts_to_take_human_toll

Fragile European economy sees car sales fall for a seventh month

Posted on Wed, 16 May 2012 19:55:43 +0400

Renault, toyota and fiat worst hit as consumers tighten spending..

Details: http://gulfnews.com/business/automotives/fragile-european-economy-sees-car-sales-fall-for-a-seventh-month-1.1023980?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023980&utm_campaign=____________Fragile_European_economy_sees_car_sales_fall_for_a_seventh_month

Unemployment rate rises to new record

Posted on Wed, 16 May 2012 19:55:37 +0400

Increases to 14.9% in the first quarter..

Details: http://gulfnews.com/business/economy/unemployment-rate-rises-to-new-record-1.1023979?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023979&utm_campaign=____________Unemployment_rate_rises_to_new_record

Japan fails to draw enough offers in debt purchase

Posted on Wed, 16 May 2012 19:55:37 +0400

The BoJ received 700.8 billion yen in offers for debt with a maturity..

Details: http://gulfnews.com/business/economy/japan-fails-to-draw-enough-offers-in-debt-purchase-1.1023978?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023978&utm_campaign=____________Japan_fails_to_draw_enough_offers_in_debt_purchase

Goldman, Merrill emails reveal naked short-sales

Posted on Wed, 16 May 2012 19:17:13 +0400

Lawyers ask judge to disclose correspondence from 2005 and 2006 that are said to ‘reflect business decisions'..

Details: http://gulfnews.com/business/markets/goldman-merrill-emails-reveal-naked-short-sales-1.1023951?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023951&utm_campaign=____________Goldman,_Merrill_emails_reveal_naked_short-sales

Pound loses out to dollar with latest jobless data due

Posted on Wed, 16 May 2012 19:17:12 +0400

Sterling has advanced 4.3% this year..

Details: http://gulfnews.com/business/markets/pound-loses-out-to-dollar-with-latest-jobless-data-due-1.1023950?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023950&utm_campaign=____________Pound_loses_out_to_dollar_with_latest_jobless_data_due

Buffett's firm buys 10m share stake in GM

Posted on Wed, 16 May 2012 19:17:01 +0400

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Details: http://gulfnews.com/business/markets/buffett-s-firm-buys-10m-share-stake-in-gm-1.1023948?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023948&utm_campaign=____________Buffett's_firm_buys_10m_share_stake_in_GM

Commodities fall as uncertainty grows over Greek deadlock

Posted on Wed, 16 May 2012 19:17:00 +0400

Weakening data from US and Japan add to slowdown worries..

Details: http://gulfnews.com/business/markets/commodities-fall-as-uncertainty-grows-over-greek-deadlock-1.1023947?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023947&utm_campaign=____________Commodities_fall_as_uncertainty_grows_over_Greek_deadlock

Greece woes roil Asian markets

Posted on Wed, 16 May 2012 19:16:55 +0400

Euro hits new low on fears that athens could exit monetary union..

Details: http://gulfnews.com/business/markets/greece-woes-roil-asian-markets-1.1023946?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023946&utm_campaign=____________Greece_woes_roil_Asian_markets

Saudi travel firm to raise 1.37b riyals

Posted on Wed, 16 May 2012 19:16:49 +0400

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Details: http://gulfnews.com/business/markets/saudi-travel-firm-to-raise-1-37b-riyals-1.1023945?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023945&utm_campaign=____________Saudi_travel_firm_to_raise_1.37b_riyals

Dubai courts to hear Nakheel cases

Posted on Wed, 16 May 2012 19:16:37 +0400

The Legal Affairs Department of Dubai Government said Dubai Courts will hear cases involving Nakheel PJSC and its subsidiaries..

Details: http://gulfnews.com/business/property/uae/dubai-courts-to-hear-nakheel-cases-1.1023942?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023942&utm_campaign=Dubai_courts_to_hear_Nakheel_cases

Sony, Panasonic discuss TV tie-up

Posted on Wed, 16 May 2012 18:43:29 +0400

Proposes collaboration to make televisions with organic light-emitting diode displays..

Details: http://gulfnews.com/business/media-marketing/sony-panasonic-discuss-tv-tie-up-1.1023920?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023920&utm_campaign=____________Sony,_Panasonic_discuss_TV_tie-up

ESPN in talks with Apple for expanded TV access

Posted on Wed, 16 May 2012 18:43:17 +0400

ESPN already provides the app to subscribers with Microsoft Corp's Xbox video-game console..

Details: http://gulfnews.com/business/media-marketing/espn-in-talks-with-apple-for-expanded-tv-access-1.1023917?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023917&utm_campaign=____________ESPN_in_talks_with_Apple_for_expanded_TV_access

Zenith in major rebranding exercise

Posted on Wed, 16 May 2012 18:43:12 +0400

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Details: http://gulfnews.com/business/media-marketing/zenith-in-major-rebranding-exercise-1.1023916?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023916&utm_campaign=____________Zenith_in_major_rebranding_exercise_

Minting success through social media gaming

Posted on Wed, 16 May 2012 18:43:05 +0400

Industry to develop into a $1.3b business in the US by the end of the year, with 20% coming from advertising..

Details: http://gulfnews.com/business/media-marketing/minting-success-through-social-media-gaming-1.1023914?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023914&utm_campaign=____________Minting_success_through_social_media_gaming

Digital reputation must be protected at all costs

Posted on Wed, 16 May 2012 18:43:00 +0400

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Details: http://gulfnews.com/business/media-marketing/digital-reputation-must-be-protected-at-all-costs-1.1023913?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023913&utm_campaign=____________Digital_reputation_must_be_protected_at_all_costs

Vivendi plans cost cuts at home mobile division

Posted on Wed, 16 May 2012 18:42:59 +0400

French company's shares have fallen sharply..

Details: http://gulfnews.com/business/media-marketing/vivendi-plans-cost-cuts-at-home-mobile-division-1.1023912?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023912&utm_campaign=____________Vivendi_plans_cost_cuts_at_home_mobile_division

Facebook's business model under fire as GM scraps ads

Posted on Wed, 16 May 2012 18:42:53 +0400

Social network ipo hype wavers as companies hold mixed sentiments..

Details: http://gulfnews.com/business/media-marketing/facebook-s-business-model-under-fire-as-gm-scraps-ads-1.1023911?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023911&utm_campaign=____________Facebook's_business_model_under_fire_as_GM_scraps_ads

Social media ad spending to shoot up $9.8b in 2016

Posted on Wed, 16 May 2012 18:42:47 +0400

YouTube will play an increasingly important role..

Details: http://gulfnews.com/business/media-marketing/social-media-ad-spending-to-shoot-up-9-8b-in-2016-1.1023909?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023909&utm_campaign=____________Social_media_ad_spending_to_shoot_up_$9.8b_in_2016

What to do when you hate your job

Posted on Wed, 16 May 2012 18:41:50 +0400

Managing pressure at work..

Details: http://gulfnews.com/business/opinion/what-to-do-when-you-hate-your-job-1.1023895?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023895&utm_campaign=What_to_do_when_you_hate_your_job_

Euro pays for utter failure to hold unifying value

Posted on Wed, 16 May 2012 18:41:44 +0400

Political backlash encountered in greece is but a vote on the inflexibility of its biggest advocates..

Details: http://gulfnews.com/business/opinion/euro-pays-for-utter-failure-to-hold-unifying-value-1.1023893?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023893&utm_campaign=Euro_pays_for_utter_failure_to_hold_unifying_value

Finding solutions to the euro crisis: In Theory

Posted on Wed, 16 May 2012 18:41:38 +0400

The European Union is the most successful model of economic blocs in the world..

Details: http://gulfnews.com/business/opinion/finding-solutions-to-the-euro-crisis-in-theory-1.1023892?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023892&utm_campaign=____________Finding_solutions_to_the_euro_crisis:_In_Theory

US House limits states' ability to tax travelling workers

Posted on Wed, 16 May 2012 18:41:33 +0400

Move expected to ease burden on employees..

Details: http://gulfnews.com/business/economy/us-house-limits-states-ability-to-tax-travelling-workers-1.1023891?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023891&utm_campaign=____________US_House_limits_states'_ability_to_tax_travelling_workers

Saverin to save $67m in taxes by dropping citizenship

Posted on Wed, 16 May 2012 18:41:32 +0400

Any profit from future appreciation of Facebook co-founder's stock will be free of capital gains tax in US and Singapore, where he lives now..

Details: http://gulfnews.com/business/economy/saverin-to-save-67m-in-taxes-by-dropping-citizenship-1.1023890?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023890&utm_campaign=____________Saverin_to_save_$67m_in_taxes_by_dropping_citizenship

Bankers thumb down US tax rules

Posted on Wed, 16 May 2012 18:41:27 +0400

Foreign lenders lodge concerns over implementation of compliance law..

Details: http://gulfnews.com/business/economy/bankers-thumb-down-us-tax-rules-1.1023889?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023889&utm_campaign=____________Bankers_thumb_down_US_tax_rules_

Plane bound to Moscow from UAE makes emergency landing

Posted on Wed, 16 May 2012 16:51:20 +0400

The jet made emergency landing in Rostov-on-Don in southern Russia after losing cabin pressure, Interfax reported ..

Details: http://gulfnews.com/business/aviation/plane-bound-to-moscow-from-uae-makes-emergency-landing-1.1023821?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023821&utm_campaign=Plane_bound_to_Moscow_from_UAE_makes_emergency_landing

Singapore Airlines suspends services to Abu Dhabi, Athens

Posted on Wed, 16 May 2012 14:37:20 +0400

Singapore Airlines said Wednesday it would suspend services to Abu Dhabi and Athens due to weak demand on both the routes..

Details: http://gulfnews.com/business/aviation/singapore-airlines-suspends-services-to-abu-dhabi-athens-1.1023767?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023767&utm_campaign=Singapore_Airlines_suspends_services_to_Abu_Dhabi,_Athens

More clarity is returning to the Egyptian real estate market

Posted on Wed, 16 May 2012 13:01:31 +0400

More clarity is returning to the Egyptian real estate market as the dust settles after the revolution ..

Details: http://gulfnews.com/business/property/general/more-clarity-is-returning-to-the-egyptian-real-estate-market-1.1023738?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023738&utm_campaign=More_clarity_is_returning_to_the_Egyptian_real_estate_market

GCC residents make up 24% of Sharjah tourists in 2011

Posted on Wed, 16 May 2012 12:35:04 +0400

Some 381,625 tourists from the GCC countries visited Sharjah last year forming 24 per cent of the total number of tourists to the emirate..

Details: http://gulfnews.com/business/tourism/gcc-residents-make-up-24-of-sharjah-tourists-in-2011-1.1023732?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023732&utm_campaign=GCC_residents_make_up_24%_of_Sharjah_tourists_in_2011

MSCI Incorporated adds Arabtec to frontier markets gauge

Posted on Wed, 16 May 2012 12:14:36 +0400

MSCI Incorporated has added Dubai-builder Arabtec to its frontier markets gauge just weeks before announcing the outcome of its latest classification review..

Details: http://gulfnews.com/business/markets/msci-incorporated-adds-arabtec-to-frontier-markets-gauge-1.1023727?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023727&utm_campaign=MSCI_Incorporated_adds_Arabtec_to_frontier_markets_gauge

Dubai inflation declined in April

Posted on Wed, 16 May 2012 11:42:29 +0400

Dubai’s consumer price inflation declined -0.3 per cent month on month and -1.5 per cent year on year in April from -0.3 per cent month on month in March and -1.9 per cent year on year in March, according to data released by Dubai Statistics Center..

Details: http://gulfnews.com/business/economy/dubai-inflation-declined-in-april-1.1023719?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023719&utm_campaign=Dubai_inflation_declined_in_April

Pressure rises on investment firm JPMorgan over risk, clawbacks

Posted on Tue, 15 May 2012 20:53:48 +0400

Move for chairman/CEO split rejected in victory for incumbent..

Details: http://gulfnews.com/business/banking/pressure-rises-on-investment-firm-jpmorgan-over-risk-clawbacks-1.1023610?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023610&utm_campaign=____________Pressure_rises_on_investment_firm_JPMorgan_over_risk,_clawbacks

Eurozone manages to avoid recession

Posted on Tue, 15 May 2012 20:53:47 +0400

German expansion fires bloc's growth path..

Details: http://gulfnews.com/business/economy/eurozone-manages-to-avoid-recession-1.1023609?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023609&utm_campaign=____________Eurozone_manages_to_avoid_recession

Geithner hails growth debate

Posted on Tue, 15 May 2012 20:53:41 +0400

Stronger set of tools in place, he says..

Details: http://gulfnews.com/business/economy/geithner-hails-growth-debate-1.1023608?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023608&utm_campaign=____________Geithner_hails_growth_debate

US homebuilder confidence at five-year high

Posted on Tue, 15 May 2012 20:53:35 +0400

Companies benefit as cheaper houses and mortgage rates at record low help boost demand..

Details: http://gulfnews.com/business/economy/us-homebuilder-confidence-at-five-year-high-1.1023607?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023607&utm_campaign=____________US_homebuilder_confidence_at_five-year_high

GCC visa for cruise-goers on cards

Posted on Tue, 15 May 2012 20:34:35 +0400

Plan for single permit may be in place by September, DTCM official says..

Details: http://gulfnews.com/business/tourism/gcc-visa-for-cruise-goers-on-cards-1.1023601?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023601&utm_campaign=GCC_visa_for_cruise-goers_on_cards

Thuraya's Russian service starts

Posted on Tue, 15 May 2012 20:33:34 +0400

Thuraya Telecommunications Company, the UAE's international mobile satellite operator, has announced the launch of its mobile satellite services in Russia ..

Details: http://gulfnews.com/business/telecoms/thuraya-s-russian-service-starts-1.1023586?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023586&utm_campaign=____________Thuraya's_Russian_service_starts

US expatriates urged to seek tax advice

Posted on Tue, 15 May 2012 20:33:29 +0400

People failing to comply with new regulation must file returns or face penalties ..

Details: http://gulfnews.com/business/features/us-expatriates-urged-to-seek-tax-advice-1.1023585?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023585&utm_campaign=____________US_expatriates_urged_to_seek_tax_advice

Regional institutions will be immune

Posted on Tue, 15 May 2012 20:33:22 +0400

Financial systems have relatively low or no exposure to European asset classes..

Details: http://gulfnews.com/business/economy/regional-institutions-will-be-immune-1.1023583?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023583&utm_campaign=____________Regional_institutions_will_be_immune

Economy gets Dh8.8b boost by last year's Summer Surprises

Posted on Tue, 15 May 2012 20:33:21 +0400

Event played a key role in making emirate a leading family destination..

Details: http://gulfnews.com/business/retail/economy-gets-dh8-8b-boost-by-last-year-s-summer-surprises-1.1023582?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023582&utm_campaign=Economy_gets_Dh8.8b_boost_by_last_year's_Summer_Surprises

India shares snap five-day losing run

Posted on Tue, 15 May 2012 20:33:15 +0400

Analysts see gains as due to short-covering..

Details: http://gulfnews.com/business/markets/india-shares-snap-five-day-losing-run-1.1023581?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023581&utm_campaign=____________India_shares_snap_five-day_losing_run

Oman will add 2,000 hotel rooms in 2012-13

Posted on Tue, 15 May 2012 20:33:09 +0400

Country experiencing strong investor demand..

Details: http://gulfnews.com/business/tourism/oman-will-add-2-000-hotel-rooms-in-2012-13-1.1023579?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023579&utm_campaign=____________Oman_will_add_2,000_hotel_rooms_in_2012-13

Number of cruise tourists to rise this year

Posted on Tue, 15 May 2012 20:33:03 +0400

Home porting operations carried out by two German companies offer boost to passenger figures..

Details: http://gulfnews.com/business/tourism/number-of-cruise-tourists-to-rise-this-year-1.1023578?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023578&utm_campaign=____________Number_of_cruise_tourists_to_rise_this_year

UAE joins 11-member Gas Exporting Countries Forum

Posted on Tue, 15 May 2012 20:02:28 +0400

Cabinet approves joining Arab Union of Land Transport..

Details: http://gulfnews.com/business/oil-gas/uae-joins-11-member-gas-exporting-countries-forum-1.1023574?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023574&utm_campaign=____________UAE_joins_11-member_Gas_Exporting_Countries_Forum

Asian stocks fall on Greek woes

Posted on Tue, 15 May 2012 20:02:27 +0400

European indices rebound after German data show growth..

Details: http://gulfnews.com/business/markets/asian-stocks-fall-on-greek-woes-1.1023573?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023573&utm_campaign=____________Asian_stocks_fall_on_Greek_woes

Dana Gas reports strong profit growth

Posted on Tue, 15 May 2012 20:02:21 +0400

Dana Gas reported a 125 per cent jump in its first quarter net profits to Dh206 million for the first quarter of 2012..

Details: http://gulfnews.com/business/general/dana-gas-reports-strong-profit-growth-1.1023572?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023572&utm_campaign=____________Dana_Gas_reports_strong_profit_growth

US consumers defer spending despite decline in fuel prices

Posted on Tue, 15 May 2012 19:36:51 +0400

Weaker sales reflect temporary slowdown of further gains Manufacturing remains resilient as new orders and shipments rise..

Details: http://gulfnews.com/business/economy/us-consumers-defer-spending-despite-decline-in-fuel-prices-1.1023533?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023533&utm_campaign=____________US_consumers_defer_spending_despite_decline_in_fuel_prices_

Suzuki looks at India as two-wheeler export hub

Posted on Tue, 15 May 2012 19:35:48 +0400

Japanese two-wheeler major Suzuki Motor Corporation yesterday said it is looking at the possibility of making India an export hub..

Details: http://gulfnews.com/business/automotives/suzuki-looks-at-india-as-two-wheeler-export-hub-1.1023517?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023517&utm_campaign=____________Suzuki_looks_at_India_as_two-wheeler_export_hub

Indian rupee will hold at record low

Posted on Tue, 15 May 2012 19:35:41 +0400

Currency to appreciate slowly after June..

Details: http://gulfnews.com/business/economy/indian-rupee-will-hold-at-record-low-1.1023515?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023515&utm_campaign=____________Indian_rupee_will_hold_at_record_low

India, China fall foul of EU carbon law

Posted on Tue, 15 May 2012 19:35:36 +0400

Ten airlines hauled up for flouting emission norms given until mid-June to fall in line..

Details: http://gulfnews.com/business/aviation/india-china-fall-foul-of-eu-carbon-law-1.1023514?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023514&utm_campaign=____________India,_China_fall_foul_of_EU_carbon_law

Gulf software piracy hits Dh3.12b as IT industry growth rockets

Posted on Tue, 15 May 2012 19:35:29 +0400

UAE is leading the way in setting and enforcing copyright rules..

Details: http://gulfnews.com/business/technology/gulf-software-piracy-hits-dh3-12b-as-it-industry-growth-rockets-1.1023512?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023512&utm_campaign=____________Gulf_software_piracy_hits_Dh3.12b_as_IT_industry_growth_rockets

Small UK firms turn to social media

Posted on Tue, 15 May 2012 18:29:48 +0400

Over one-third of companies in the sector now use web to market products..

Details: http://gulfnews.com/business/media-marketing/small-uk-firms-turn-to-social-media-1.1023495?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023495&utm_campaign=____________Small_UK_firms_turn_to_social_media

Buying a slice of Facebook could be an onerous task

Posted on Tue, 15 May 2012 18:29:42 +0400

ing to get in on Facebook's hotly anticipated public stock offering? You'll need Facebook friends at very high levels — or a lot of money..

Details: http://gulfnews.com/business/markets/buying-a-slice-of-facebook-could-be-an-onerous-task-1.1023494?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023494&utm_campaign=____________Buying_a_slice_of_Facebook_could_be_an_onerous_task

Rule changes may make SMEs weigh options

Posted on Tue, 15 May 2012 18:29:41 +0400

New Companies Law may add value and attract large capital investments into country, especially in specialised sectors..

Details: http://gulfnews.com/business/property/uae/rule-changes-may-make-smes-weigh-options-1.1023493?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023493&utm_campaign=____________Rule_changes_may_make_SMEs_weigh_options_

Spelling out the brand message

Posted on Tue, 15 May 2012 18:29:29 +0400

Small is beautiful in the corporate world, but small can also be an excuse for sloppy business practices..

Details: http://gulfnews.com/business/media-marketing/spelling-out-the-brand-message-1.1023491?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023491&utm_campaign=____________Spelling_out_the_brand_message

Obama calls for reforms

Posted on Tue, 15 May 2012 18:29:11 +0400

President Barack Obama said on Monday the huge trading loss at JPMorgan Chase & Co illustrated the need for Wall Street reform..

Details: http://gulfnews.com/business/banking/obama-calls-for-reforms-1.1023486?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023486&utm_campaign=____________Obama_calls_for_reforms

JPMorgan chief may lose his post

Posted on Tue, 15 May 2012 18:29:10 +0400

Many executives expected to step down in aftermath of bank's $2b trading loss..

Details: http://gulfnews.com/business/banking/jpmorgan-chief-may-lose-his-post-1.1023485?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023485&utm_campaign=____________JPMorgan_chief_may_lose_his_post

As European austerity ends, so could the euro

Posted on Tue, 15 May 2012 18:10:10 +0400

The euro currency is a malady that condemns at least a generation of Greeks, Italians, Spaniards, Portuguese and Irish to the economic infirmary. ..

Details: http://gulfnews.com/business/economy/as-european-austerity-ends-so-could-the-euro-1.1023457?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023457&utm_campaign=____________As_European_austerity_ends,_so_could_the_euro__

The effect of rising oil prices on GCC budgets

Posted on Tue, 15 May 2012 18:09:59 +0400

Saying goodbye to annual deficits means spending can be increased and general services improved..

Details: http://gulfnews.com/business/opinion/the-effect-of-rising-oil-prices-on-gcc-budgets-1.1023454?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023454&utm_campaign=____________The_effect_of_rising_oil_prices_on_GCC_budgets

DSS 2011 brings Dh8.8 billion to Dubai’s economy

Posted on Tue, 15 May 2012 15:39:28 +0400

Dubai Events and Promotions Establishment (DEPE) said, more than four million visitors visited Dubai’s summer attractions last year that boosted Dubai’s economy by 8.8 billion ..

Details: http://gulfnews.com/business/general/dss-2011-brings-dh8-8-billion-to-dubai-s-economy-1.1023328?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023328&utm_campaign=DSS_2011_brings_Dh8.8_billion_to_Dubai’s_economy

NMC reports 18.4 per cent increase in four-month revenue

Posted on Tue, 15 May 2012 14:34:50 +0400

NMC Health reported an 18.4% jump in revenue to $166.4m during the first four months of this year..

Details: http://gulfnews.com/news/gulf/uae/health/nmc-reports-18-4-per-cent-increase-in-four-month-revenue-1.1023302?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023302&utm_campaign=NMC_reports_18.4_per_cent_increase_in_four-month_revenue

Thuraya, GTNT say in one voice 'Hello Russia'

Posted on Tue, 15 May 2012 14:21:47 +0400

Thuraya Telecommunications Company, a UAE-based international mobile satellite operator, has announced the launch of its mobile satellite services in Russia in partnership with GTNT..

Details: http://gulfnews.com/business/telecoms/thuraya-gtnt-say-in-one-voice-hello-russia-1.1023299?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023299&utm_campaign=Thuraya,_GTNT_say_in_one_voice_'Hello_Russia'

Türkiye Finans in $350m murabaha syndicated deal

Posted on Tue, 15 May 2012 14:02:58 +0400

Türkiye Finans secures largest murabaha syndicated financing in participation banking $350 million ..

Details: http://gulfnews.com/business/banking/turkiye-finans-in-350m-murabaha-syndicated-deal-1.1023290?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023290&utm_campaign=Türkiye_Finans_in_$350m_murabaha_syndicated_deal

Dana Gas reports strong profit growth for Q1 2012

Posted on Tue, 15 May 2012 13:57:28 +0400

Dana Gas reported a 125 per cent jump in its first quarter net profits reaching Dh206 million for the first quarter of 2012, up from Dh92 million recorded during the corresponding period last year..

Details: http://gulfnews.com/business/oil-gas/dana-gas-reports-strong-profit-growth-for-q1-2012-1.1023286?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023286&utm_campaign=Dana_Gas_reports_strong_profit_growth_for_Q1_2012

Uncertainty spooks equities

Posted on Mon, 14 May 2012 21:26:23 +0400

World stocks slide on Greece's Eurozone's future as euro hits four-month low..

Details: http://gulfnews.com/business/markets/uncertainty-spooks-equities-1.1023116?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023116&utm_campaign=____________Uncertainty_spooks_equities

Oil slips on demand slowdown concerns

Posted on Mon, 14 May 2012 21:26:17 +0400

China's weak industrial data and trading losses by JPMorgan have hurt investor confidence..

Details: http://gulfnews.com/business/oil-gas/oil-slips-on-demand-slowdown-concerns-1.1023114?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023114&utm_campaign=____________Oil_slips_on_demand_slowdown_concerns

JPMorgan's investment chief out after massive trading losses

Posted on Mon, 14 May 2012 21:26:11 +0400

Drew said to be retiring from biggest US bank after 30 years ..

Details: http://gulfnews.com/business/banking/jpmorgan-s-investment-chief-out-after-massive-trading-losses-1.1023113?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023113&utm_campaign=JPMorgan's_investment_chief_out_after_massive_trading_losses

Moody's delays bank ratings downgrades

Posted on Mon, 14 May 2012 21:26:11 +0400

Any cuts could push up funding costs..

Details: http://gulfnews.com/business/banking/moody-39-s-delays-bank-ratings-downgrades-1.1023112?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023112&utm_campaign=____________Moody's_delays_bank_ratings_downgrades

Sensex tanks 77 points on inflation worries

Posted on Mon, 14 May 2012 21:03:58 +0400

Metal, auto and power stocks under pressure..

Details: http://gulfnews.com/business/markets/sensex-tanks-77-points-on-inflation-worries-1.1023097?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023097&utm_campaign=____________Sensex_tanks_77_points_on_inflation_worries

Foreign investors save the day

Posted on Mon, 14 May 2012 21:03:52 +0400

Pakistan's Karachi Stock Exchange (KSE) recorded lacklustre trading activities ..

Details: http://gulfnews.com/business/markets/foreign-investors-save-the-day-1.1023096?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023096&utm_campaign=____________Foreign_investors_save_the_day

Dubai investment arm in life insurance alliance

Posted on Mon, 14 May 2012 21:03:21 +0400

Samsung unit to sell products in Middle East..

Details: http://gulfnews.com/business/banking/dubai-investment-arm-in-life-insurance-alliance-1.1023094?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023094&utm_campaign=____________Dubai_investment_arm_in_life_insurance_alliance

Restructuring and Bankruptcy Law expected to be ready this year

Posted on Mon, 14 May 2012 21:03:15 +0400

Legislation will overhaul dealings with businesses, individuals with debt..

Details: http://gulfnews.com/business/general/restructuring-and-bankruptcy-law-expected-to-be-ready-this-year-1.1023093?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023093&utm_campaign=____________Restructuring_and_Bankruptcy_Law_expected_to_be_ready_this_year

Political impasse casts shadow on Greece's future in Eurozone

Posted on Mon, 14 May 2012 21:03:10 +0400

Fears abound that Spain and Italy will be sucked into maelstrom..

Details: http://gulfnews.com/business/economy/political-impasse-casts-shadow-on-greece-s-future-in-eurozone-1.1023092?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023092&utm_campaign=Political_impasse_casts_shadow_on_Greece's_future_in_Eurozone

Toyota, Honda rapport with auto suppliers at 11-year low

Posted on Mon, 14 May 2012 20:16:29 +0400

Japanese automakers still manage to retain top slots in survey..

Details: http://gulfnews.com/business/automotives/toyota-honda-rapport-with-auto-suppliers-at-11-year-low-1.1023055?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1023055&utm_campaign=____________Toyota,_Honda_rapport_with_auto_suppliers_at_11-year_low

Emerging market stocks drop on Greece deadlock, Europe concerns

Posted on Mon, 14 May 2012 19:13:50 +0400

Investors fear China's bank reforms may not reverse slowdown..

Details: http://gulfnews.com/business/markets/emerging-market-stocks-drop-on-greece-deadlock-europe-concerns-1.1022997?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1022997&utm_campaign=____________Emerging_market_stocks_drop_on_Greece_deadlock,_Europe_concerns

Worldly Wise: JPMorgan chief gets $2b reality check

Posted on Mon, 14 May 2012 18:51:21 +0400

..

Details: http://gulfnews.com/business/opinion/worldly-wise-jpmorgan-chief-gets-2b-reality-check-1.1022959?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1022959&utm_campaign=Worldly_Wise:_JPMorgan_chief_gets_$2b_reality_check_

Inflation distorts India outlook

Posted on Mon, 14 May 2012 18:50:13 +0400

Unexpected increase in prices will hamper Central Bank's ability to cut rates..

Details: http://gulfnews.com/business/economy/inflation-distorts-india-outlook-1.1022942?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1022942&utm_campaign=____________Inflation_distorts_India_outlook

Cosmos Group opts for direct retail presence

Posted on Mon, 14 May 2012 18:49:03 +0400

Dubai business house making Dh50m-100m investment and plans mall locations in Dubai, Abu Dhabi and Sharjah..

Details: http://gulfnews.com/business/retail/cosmos-group-opts-for-direct-retail-presence-1.1022924?localLinksEnabled=false&utm_source=Feeds&utm_medium=RSS&utm_term=Business_RSS_feed&utm_content=1.1022924&utm_campaign=____________Cosmos_Group_opts_for_direct_retail_presence

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